Document:

Form of Restricted Stock Unit Agreement

 Exhibit 10.1 
 PROLOGIS, INC. 
 2012 LONG-TERM INCENTIVE PLAN 

RESTRICTED STOCK UNIT AGREEMENT 
 RESTRICTED STOCK UNIT NOTICE OF GRANT 
 CAPITALIZED
TERMS USED BUT NOT OTHERWISE DEFINED HEREIN SHALL HAVE THE MEANINGS
GIVEN TO THEM IN THE PLAN. 
  

			
	Participant Name:	  	%%FIRST_NAME%-% %%MIDDLE_NAME%-% %%LAST_NAME%-%
	Address:	  	%%ADDRESS_LINE_1%-%
		  	%%ADDRESS_LINE_2%-%
		  	%%ADDRESS_LINE_3%-%
		  	%%CITY%-%, %%STATE%-% %%ZIPCODE%-%
		  	%%COUNTRY%-%

 You (“Participant”) have been granted a Full Value Award under the Plan in the form of
Restricted Stock Units, subject to the terms and conditions of the Plan and this Award Agreement (as defined in the attached Restricted Stock Unit Terms & Conditions), as follows: 

Grant Number            %%NUMBER%-% 

Date of Grant            %%DATE%-% 

Vesting Commencement Date            %%VEST_BASE_DATE%-% 

Number of Restricted Stock Units            %%TOTAL_UNITS_GRANTED%-%

 Subject to any express acceleration provisions contained in the Plan or set forth below, the Restricted Stock Units will vest
in accordance with the following schedule: 
 %%SHARES_PERIOD1%-% %%VEST_DATE_PERIOD1%-% 

%%SHARES_PERIOD2%-% %%VEST_DATE_PERIOD2%-% 
 %%SHARES_PERIOD3%-% %%VEST_DATE_PERIOD3%-% 
 %%SHARES_PERIOD4%-%
%%VEST_DATE_PERIOD4%-% 
 By Participant’s acceptance of this Award, Participant agrees that this Award of Restricted Stock
Units is granted under and governed by the terms and conditions of the Plan and this Award Agreement, including any country-specific terms and conditions applicable to Participant set forth in the Country Appendix. Participant further acknowledges
and agrees that he or she has reviewed the Plan and this Award Agreement in their entirety, has had an opportunity to obtain the advice of counsel prior to acceptance and fully understands the Award Agreement and all provisions of the Plan relating
to the Award. Participant expressly warrants that he or she is not accepting this Award Agreement in reliance on any promises, representations, or inducements other than those contained in this Award Agreement. Participant hereby agrees to accept as
binding, conclusive and final all decisions or interpretations of the Committee upon any questions relating to the Plan and this Award Agreement. Participant further agrees to notify Prologis, Inc., upon any change in Participant’s residence
address indicated above. 

 PROLOGIS, INC. 
 2012 LONG-TERM INCENTIVE PLAN 
 RESTRICTED STOCK UNIT AGREEMENT 

RESTRICTED STOCK UNIT TERMS & CONDITIONS 
 Unless otherwise defined herein, the terms defined in the Prologis, Inc. 2012 Long-Term Incentive Plan (the “Plan”) will have the same defined meanings in this Restricted Stock Unit
Terms & Conditions (together with the Restricted Stock Unit Notice of Grant and Country Appendix, which are incorporated herein, the “Award Agreement”). 
 1. Grant. Prologis, Inc. (“Prologis”), hereby grants to Participant under the Plan a Full Value Award in the form of Restricted Stock Units (the “Restricted Stock Units”),
subject to all of the terms and conditions in this Award Agreement (including, without limitation, paragraph 23(a) concerning specific provisions relating to employment agreements of Participants and any specific terms and conditions for
Participant’s Country set forth in the Country Appendix) and the Plan, which is incorporated herein by reference. Subject to the terms and conditions of the Plan, in the event of a conflict between the terms and conditions of the Plan and the
terms and conditions of this Award Agreement, the terms and conditions of the Plan will prevail. 
 2. Prologis’
Obligation to Pay. Unless and until the Restricted Stock Units will have vested in the manner set forth in the related Restricted Stock Unit Notice of Grant, paragraph 3 below or the express terms of the Plan, Participant will have no right to
payment with respect to any such Restricted Stock Units. Prior to actual payment with respect to any Restricted Stock Units, such Restricted Stock Units will represent an unsecured obligation of Prologis, payable (if at all) only from the general
assets of Prologis. 
 3. Vesting Schedule and Issuance of Stock. 

(a) Subject to paragraph 11 hereof, and subsection 4.3 of the Plan, the Restricted Stock Units awarded by this Award Agreement will vest
as to the number of Restricted Stock Units, and on the dates shown, as set forth in the related Restricted Stock Unit Notice of Grant (each a “Vesting Date”); provided, however, that (i) if Participant’s Termination Date occurs
by reason of death, Disability or Retirement, any unvested Restricted Stock Units subject to the Award shall vest immediately on the Termination Date and the Termination Date shall be deemed the “Vesting Date” for purposes of this Award
Agreement, and (ii) all Restricted Stock Units subject to the Award that are not vested on or before Participant’s Termination Date shall immediately expire and be forfeited, and Participant shall have no further right with respect to such
Restricted Stock Units. 
 (b) As soon as practicable upon or following each Vesting Date but, except as provided in this Award
Agreement, in no event later than March 15 of the year following the year that includes the applicable Vesting Date, one share of Stock shall be issued for each Restricted Stock Unit that vests on such Vesting Date, subject to the terms and
provisions of the Plan and this Award Agreement. Notwithstanding the foregoing, if Participant’s Termination Date occurs by reason of Retirement, payment shall be made on or within sixty (60) days following Participant’s Termination
Date. 
 (c) If vesting of the Award is accelerated, the following shall apply: 

 (i) If the Committee, in its discretion, accelerates the vesting of
the balance, or some lesser portion of the balance, of the Award, the payment of such accelerated portion of the Award shall be made as soon as practicable after the new vesting date, but, except as provided in this Award Agreement, in no event
later than two and one-half
(2 1/2) months following the end of Prologis’ taxable year in which the applicable Vesting Date occurs; provided, however, if Participant is a U.S. taxpayer and the Award is “deferred
compensation” within the meaning of Section 409A of the Code (“Section 409A”), the payment of such accelerated portion of the Award nevertheless shall be made at the same time or times as if such Award had vested in accordance
with the vesting schedule set forth in paragraph 3(a) (whether or not Participant continues to provide services to Prologis or a Related Company as of such date(s)), unless an earlier payment date, in the judgment of the Committee, would not cause
Participant to incur an additional tax under Section 409A, in which case, payment of such accelerated Award shall be made within two and one-half
(2 1/2) months following the earliest permissible payment date that would not cause Participant to incur an additional tax under Section 409A. Notwithstanding the foregoing, any delay in payment
pursuant to this paragraph 3(c) will cease upon Participant’s death and such payment will be made as soon as practicable after the date of Participant’s death. 

(ii) If the vesting of all or a portion of this Award accelerates pursuant to (A) subsection 4.3 of the Plan in
the event of a corporate transaction that is not a “change in control” within the meaning of Section 409A, or (B) any other plan or agreement that provides for acceleration in the event of a corporate transaction that is not a
“change in control” within the meaning of Section 409A, then the payment of such accelerated portion of the Award (including any new or additional Awards existing as a result of subsection 4.2 of the Plan) will be made in accordance
with the timing of payment rules that apply to discretionary accelerations under paragraph 3(c)(i). If the vesting of all or a portion of this Award accelerates in the event of a corporate transaction that is a “change in control” within
the meaning of Section 409A, then the payment of such accelerated portion of the Award (including any new or additional Awards existing as a result of subsection 4.2 of the Plan) will be made within two and one-half (2 1/2) months after the corporate transaction. 
 (d) No fractional shares of
Stock shall be issued under this Award Agreement. 
 (e) Notwithstanding anything to the contrary set forth in this Award
Agreement, this Award is subject to the Recoupment Policy set forth in the Prologis Governance Guidelines and any other clawback policies that are adopted by Prologis. 
 (f) Except as provided in the foregoing provisions of this paragraph 3, upon Participant’s Termination Date, the unvested Restricted Stock Units will thereupon be forfeited at no cost to Prologis and
Participant’s right to vest in the Restricted Stock Units and acquire any shares of Stock hereunder with respect to such Restricted Stock Units will immediately terminate. For purposes of this Award, the Committee shall have the exclusive
discretion to determine Participant’s Termination Date. 
 4. Dividend Equivalent Payments. 

(a) As of each dividend payment date with respect to Stock, Participant shall be entitled to a Dividend Equivalent Payment (as defined
below) in an amount equal to (i) the dividend paid with respect to a share of Stock, multiplied by (ii) the number of shares of Stock 

 
subject to the Award, if any, that are outstanding on the applicable dividend record date with respect to such dividend payment date. Unless otherwise set forth in the Country Appendix, Dividend
Equivalent Payments with respect to outstanding shares of Stock subject to the Award generally shall be paid at the same time and in the same form that dividends are paid on Stock; provided, however, that any Dividend Equivalent Payment to which
Participant is entitled for any calendar year shall be paid no later than March 15 of the year following the year in which the corresponding dividend record date on the Stock occurs. The Committee may prospectively change the method of
crediting dividend equivalents as it, in its sole discretion, determines appropriate from time to time provided that such change does not have a material adverse tax effect on Participant. 

(b) The right to Dividend Equivalent Payments under this Award Agreement does not constitute an award of Stock, and nothing in this Award
Agreement shall be construed as giving Participant any rights as a shareholder of Prologis prior to payment of the Stock subject to the Restricted Stock Units or Dividend Equivalent Payments (if paid in Stock). 

(c) For purposes of this Award Agreement, “Dividend Equivalent Payment” means, for each share of Stock represented by an
outstanding Restricted Stock Unit, a payment in an amount equal to, and in the same form of payment as, the dividend paid on one share of Stock, except as otherwise determined by the Committee or set forth in the Country Appendix. 

(d) As specified in the Country Appendix, Participants residing in countries where Prologis has, in its sole discretion, determined that
payment of Dividend Equivalent Payments in cash is not advisable for legal, tax or administrative reasons will earn a “Dividend Equivalent Unit” equal in value to a Dividend Equivalent Payment for each share of Stock represented by an
outstanding Restricted Stock Unit. Dividend Equivalent Units will be subject to the same vesting schedule as the underlying Restricted Stock Units and be settled in shares of Stock at such time as the Restricted Stock Units are settled. 

5. Payments after Death. Any distribution or delivery to be made to Participant under this Award Agreement will, if Participant is
then deceased, be made to Participant’s beneficiary designated by will or the laws of descent and distribution. Any such beneficiary must furnish Prologis with (a) written notice of his or her status as beneficiary, and (b) evidence
satisfactory to Prologis to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer. 
 6. Withholding of Taxes. 
 (a) Participant acknowledges that, regardless of
any action taken by Prologis or, if different, Participant’s employer (the “Employer”) the ultimate liability for all income tax, social insurance, payroll tax, fringe benefits tax, payment on account or other tax-related items
related to Participant’s participation in the Plan and legally applicable to Participant (“Tax-Related Items”), is and remains Participant’s responsibility and may exceed the amount actually withheld by Prologis or the Employer.

 (b) Participant acknowledges and agrees that Prologis and/or the Employer (i) make no representations or undertakings
regarding the treatment of any Tax-Related Items in connection with any aspect of this Award, including, but not limited to, the grant, vesting or settlement of the Restricted Stock Units, the subsequent sale of Stock acquired pursuant to such
settlement, the accrual or settlement of any Dividend Equivalent Payments and/or the 

 
receipt of any dividends; and (ii) do not commit to and are under no obligation to structure the terms of the Award or any aspect of the Restricted Stock Units or Dividend Equivalent
Payments to reduce or eliminate Participant’s liability for Tax-Related Items or achieve any particular tax result. Further, if Participant is subject to Tax-Related Items in more than one jurisdiction between the Date of Grant and the date of
any relevant taxable or tax withholding event, as applicable, Participant acknowledges that Prologis and/or the Employer (or former employer, as applicable) may be required to withhold or account for Tax-Related Items in more than one jurisdiction.

 (c) Prior to any relevant taxable or tax withholding event, as applicable, Participant agrees to make adequate arrangements
satisfactory to Prologis and/or the Employer to satisfy all Tax-Related Items. If such arrangements are not made by the Participant by the date specified by Prologis and communicated to the Participant (and in no event less than 30 days prior to the
Vesting Date), Participant authorizes Prologis or its agent to satisfy the obligations with regard to all Tax-Related Items by withholding in shares of Stock to be issued upon settlement of the Restricted Stock Units and, if applicable, Dividend
Equivalent Units. In the event that such withholding in Stock is problematic under applicable tax or securities law or has adverse accounting consequences, by Participant’s acceptance of this Award, Participant authorizes and directs Prologis
and any brokerage firm determined acceptable to Prologis to sell, on Participant’s behalf, a whole number of shares of Stock from those shares of Stock issued to Participant upon settlement of the Restricted Stock Units and, if applicable,
Dividend Equivalent Unit as Prologis determines to be appropriate to generate cash proceeds sufficient to satisfy the obligation for Tax-Related Items. 
 (d) Depending on the withholding method, Prologis may withhold or account for Tax-Related Items by considering applicable minimum statutory withholding rates or other applicable withholding rates,
including maximum applicable rates, in which case Participant will receive a refund of any over-withheld amount in cash and will have no entitlement to the Stock equivalent. If the obligation for Tax-Related Items is satisfied by withholding in
shares of Stock, for tax purposes, Participant is deemed to have been issued the full number of shares of Stock subject to the vested Restricted Stock Units and, if applicable, Dividend Equivalent Units, notwithstanding that a number of the shares
of Stock are held back solely for the purpose of paying the Tax-Related Items. 
 (e) Finally, Participant agrees to pay to
Prologis or the Employer, including through withholding from Participant’s wages or other cash compensation paid to Participant by Prologis and/or the Employer, any amount of Tax-Related Items that Prologis or the Employer may be required to
withhold or account for as a result of Participant’s participation in the Plan that cannot be satisfied by the means previously described. Prologis may refuse to issue or deliver the Stock issuable upon vesting of the Restricted Stock Units
and, if applicable, Dividend Equivalent Units, or the proceeds of the sale of such Stock, if Participant fails to comply with Participant’s obligations in connection with the Tax-Related Items. 

7. Rights as Stockholder. Neither Participant nor any person claiming under or through Participant will have any of the rights or
privileges of a stockholder of Prologis in respect of any Stock deliverable hereunder unless and until certificates representing such Stock will have been issued, recorded on the records of Prologis or its transfer agents or registrars, and
delivered to Participant. After such issuance, recordation and delivery, Participant will have all the rights of a shareholder of Prologis including with respect to voting such Stock and receipt of dividends and distributions on such Stock.

 8. Code Section 409A. Notwithstanding anything in the Plan or this Award
Agreement to the contrary, if any payment with respect to any Restricted Stock Units (including any Dividend Equivalent Payments) is subject to Section 409A and if such payment is to be paid or provided on account of Participant’s
Termination Date (or other separation from service or termination of employment, other than death): 
 (a) and if Participant is
a specified employee (within the meaning of Section 409A) and if any such payment or benefit is required to be made or provided prior to the date which is six months following Participant’s Termination Date, such payment or benefit shall
be delayed until the date which is six months and one day following Participant’s Termination Date; provided, however, that if Participant dies prior to this Termination Date, all remaining payments shall be paid to his estate within ninety
(90) days following his death; and 
 (b) the determination as to whether Participant has had a Termination Date (or other
termination of employment or separation from service) shall be made in accordance with the provisions of Section 409A and the guidance issued thereunder without application of any alternative levels of reductions of bona fide services permitted
thereunder. 
 It is the intent of this Award Agreement to comply with the requirements of Section 409A so that none of the Restricted Stock
Units and Dividend Equivalent Payments provided under this Award Agreement or Stock issuable thereunder will be subject to the additional tax imposed under Section 409A, and any ambiguities herein will be interpreted to so comply. Neither
Prologis nor any Related Company, however, makes any representation regarding the tax consequences of this Award. 
 9. No
Guarantee of Continued Service. PARTICIPANT ACKNOWLEDGES AND AGREES THAT THE VESTING OF THE RESTRICTED STOCK UNITS AND DIVIDEND EQUIVALENT UNITS PURSUANT TO THE VESTING SCHEDULE HEREOF IS EARNED ONLY BY REMAINING AN EMPLOYEE OF AND/OR PROVIDING
MATERIAL SERVICES TO PROLOGIS OR A RELATED COMPANY AND NOT THROUGH THE ACT OF BEING HIRED, BEING GRANTED THIS AWARD OF RESTRICTED STOCK UNITS OR ACQUIRING STOCK HEREUNDER. PARTICIPANT FURTHER ACKNOWLEDGES AND AGREES THAT THIS AGREEMENT, THE
TRANSACTIONS CONTEMPLATED HEREUNDER, THE VESTING SCHEDULE SET FORTH HEREIN AND PARTICIPANT’S PARTICIPATION IN THE PLAN (a) DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED EMPLOYMENT WITH THE EMPLOYER FOR THE VESTING PERIOD,
FOR ANY PERIOD, OR AT ALL, (b) WILL NOT BE INTERPRETED AS FORMING AN EMPLOYMENT OR SERVICES CONTRACT WITH PROLOGIS, THE EMPLOYER OR ANY RELATED COMPANY, AND (c) WILL NOT INTERFERE IN ANY WAY WITH PARTICIPANT’S RIGHT OR THE RIGHT OF
PROLOGIS, THE EMPLOYER OR ANY RELATED COMPANY, AS APPLICABLE, TO TERMINATE PARTICIPANT’S EMPLOYMENT OR SERVICE RELATIONSHIP (IF ANY) WITH THE EMPLOYER AT ANY TIME, WITH OR WITHOUT CAUSE. 

10. Address for Notices. Any notice to be given to Prologis or a Related Company or the Employer under the terms of this Award
Agreement will be addressed to the Committee, in care of Prologis, at its principal operational offices at 4545 Airport Way, Denver, CO 80239, U.S.A., Attention: General Counsel, or at such other address as Prologis may hereafter designate in
writing. 

 11. Change in Control. In the event that, prior to the Vesting Date and prior to the
date on which the Award has otherwise expired and (a) while Participant is an employee and is providing services to Prologis or a Related Company, Participant’s employment is terminated by Prologis or the successor to Prologis or a Related
Company which is Participant’s employer for reasons other than Cause, in any such case within twenty-four (24) months following a Change in Control or (b) the Plan is terminated by Prologis or its successor following a Change in
Control without provision for the continuation of the Award to the extent then outstanding, then the Restricted Stock Units and Dividend Equivalent Units, to the extent they have not otherwise expired or been cancelled or forfeited, shall
immediately vest and the date of the vesting shall be the “Vesting Date.” Any Restricted Stock Units and Dividend Equivalent Units that vest pursuant to this paragraph 11 shall be paid in accordance with the terms and conditions of
paragraph 3 above and the other terms and conditions of the Plan. 
 For purposes of this paragraph 11, Participant’s
employment shall be deemed to be terminated by Prologis or the successor to Prologis (or a Related Company) if Participant terminates employment after (i) a substantial adverse alteration in the nature of Participant’s status or
responsibilities from those in effect immediately prior to the Change in Control, or (ii) a material reduction in Participant’s annual base salary and target bonus, if any, as in effect immediately prior to the Change in Control.

 In any event, if, upon a Change in Control, awards in other shares or securities are substituted for outstanding Awards
pursuant to Section 4 of the Plan (or a successor provision), and immediately following the Change in Control, Participant becomes employed by the entity into which Prologis merged, or the purchaser of substantially all of the assets of
Prologis, or a successor to such entity or purchaser, Participant shall not be treated as having terminated employment for purposes of this paragraph 11 until such time as Participant ceases to be an employee and/or ceases to provide services to the
merged entity or purchaser (or successor), as applicable. 
 Notwithstanding the foregoing, unless otherwise provided in the
Plan or by Prologis in its discretion, the Restricted Stock Units and the benefits evidenced by this Award Agreement do not create any entitlement to have the Restricted Stock Units or any such benefits transferred to, or assumed by, another company
nor be exchanged, cashed out or substituted for, in connection with any corporate transaction affecting the Stock of Prologis. 

12. Nature of Award. In accepting the Award of Restricted Stock Units, Participant acknowledges, understands and agrees that:

 (a) the Plan is established voluntarily by Prologis; 
 (b) the Award of Restricted Stock Units is voluntary and occasional and does not create any contractual or other right to receive future Awards, or benefits in lieu of Awards, even if Awards have been
granted in the past; 
 (c) all decisions with respect to future Awards of Restricted Stock Units, if any, will be at the sole
discretion of Prologis; 
 (d) Participant is voluntarily participating in the Plan; 

 (e) the Restricted Stock Units and the Stock subject to the Restricted Stock Units are not
intended to replace any pension rights or compensation; 
 (f) the Award of Restricted Stock Units and the Stock subject to the
Restricted Stock Units, and the income and value of same, are not part of normal or expected compensation for purposes of calculating any severance, resignation, termination, redundancy, dismissal, end-of-service payments, bonuses, long-service
awards, pension or retirement or welfare benefits or similar payments; 
 (g) the future value of the underlying Stock is
unknown, indeterminable and cannot be predicted with certainty; 
 (h) no claim or entitlement to compensation or damages shall
arise from forfeiture of the Restricted Stock Units and Dividend Equivalent Units resulting from the termination of Participant's employment or other service relationship (for any reason whatsoever whether or not later found to be invalid or in
breach of employment laws in the jurisdiction where Participant is employed or the terms of Participant’s employment agreement, if any), and in consideration of the Award of the Restricted Stock Units to which Participant is otherwise not
entitled, Participant irrevocably agrees never to institute any claim against Prologis, the Employer and any Related Company, waives his or her ability, if any, to bring any such claim, and releases Prologis, the Employer and all Related
Companies from any such claim; if, notwithstanding the foregoing, any such claim is allowed by a court of competent jurisdiction then, by participating in the Plan, Participant shall be deemed irrevocably to have agreed not to pursue such claim and
agrees to execute any and all documents necessary to request dismissal or withdrawal of such claim; 
 (i) the following
provisions apply only if Participant is employed or providing services outside the United States: 
 (i) the Restricted Stock
Units and the Stock subject to the Restricted Stock Units are not part of normal or expected compensation or salary for any purpose; and 
 (ii) Participant acknowledges and agrees that neither Prologis, the Employer nor any Related Company shall be liable for any foreign exchange rate fluctuation between Participant’s local currency and
the United States Dollar that may affect the value of the Restricted Stock Units, Dividend Equivalent Payments and/or Dividend Equivalent Units or of any amounts due to Participant pursuant to the settlement of the Restricted Stock Units, Dividend
Equivalent Payments and/or Dividend Equivalent Units or the subsequent sale of any Stock acquired upon settlement of the Restricted Stock Units and Dividend Equivalent Units. 
 13. Choice of Language. Participant has received this Award Agreement and any other related communications (including the Restricted Stock Unit Notice of Grant) and consents to having received
these documents solely in English. In the event that any document distributed to Participant in connection with the Award of Restricted Stock Units is translated into a language other than English and if the meaning of the translated version is
different than the English version, the English version will control. 
 14. No Advice Regarding Award. Neither Prologis,
the Employer nor any Related Company is providing any tax, legal or financial advice, nor is Prologis, the Employer or any Related Company making any recommendations regarding Participant’s participation in the

 
Plan, or Participant’s acquisition or sale of the underlying Stock. Participant is hereby advised to consult with Participant’s own personal tax, legal and financial advisors regarding
Participant’s participation in the Plan before taking any action related to the Plan. 
 15. Data Privacy Consent.
Participant hereby explicitly and unambiguously consent to the collection, use and transfer, in electronic or other form, of Participant’s personal data as described in this Award Agreement and any other materials related to the Award of
Restricted Stock Units by and among, as applicable, the Employer, Prologis and its Related Companies for the exclusive purpose of implementing, administering and managing Participant’s participation in the Plan. 

Participant understands that the Employer, Prologis and its Related Companies may hold certain personal information about Participant,
including, but not limited to, Participant’s name, home address and telephone number, date of birth, social insurance number or other identification number, salary, nationality, job title, any Stock or directorships held in Prologis, details of
all Restricted Stock Units or any other entitlement to Stock awarded, canceled, exercised, vested, unvested or outstanding in Participant’s favor (“Data”), for the exclusive purpose of implementing, administering and managing the
Plan. 
 Participant understands that Data will be transferred to E*TRADE Financial Corporate Services and E*TRADE
Securities LLC (together “E*TRADE), or such other stock plan service provider as may be selected by Prologis, which is assisting Prologis with the implementation, administration and management of the Plan. Participant understands that the
recipients of the Data may be located in the United States or elsewhere, and that a recipient’s country (e.g., the United States) may have different data privacy laws and protections from Participant’s country. Participant understands that
if he or she resides outside the United States, he or she may request a list with the names and addresses of any potential recipients of the Data by contacting his or her local human resources representative. 

Participant authorizes Prologis, E*TRADE and any other possible recipients which may assist Prologis (presently or in the future) with
implementing, administering and managing the Plan to receive, possess, use, retain and transfer the Data, in electronic or other form, for the sole purpose of implementing, administering and managing Participant’s participation in the Plan.
Participant understands that Data will be held only as long as is necessary to implement, administer and manage Participant’s participation in the Plan. If Participant resides outside the United States, Participant may, at any time, view Data,
request additional information about the storage and processing of Data, require any necessary amendments to Data or refuse or withdraw the consents herein, in any case without cost, by contacting in writing Participant’s local human resources
representative. 
 Participant acknowledges and agrees that this consent is being provided on a purely voluntary basis
and that if Participant does not consent, or if Participant later seeks to revoke this consent, Participant’s employment status or service and career with the Employer will not be adversely affected; the only adverse consequence of refusing or
withdrawing Participant’s consent is that Prologis would not be able to grant Participant Restricted Stock Units or other equity awards or administer or maintain such awards. Therefore, Participant understands that refusing or withdrawing this
consent may affect Participant’s ability to participate in the Plan. For more information on the consequences of Participant’s refusal to consent or withdrawal of this consent, Participant understands that Participant may contact his or
her local human resources representative. 

 16. Award is Not Transferable. Except to the limited extent provided in paragraph 5,
this Award and the rights and privileges conferred hereby will not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and will not be subject to sale under execution, attachment or similar
process. 
 17. Binding Agreement. Subject to the limitation on the transferability of this Award contained herein, this
Award Agreement will be binding upon and inure to the benefit of the heirs, legatees, legal representatives, successors and assigns of the parties hereto. 
 18. Additional Conditions to Issuance of Stock; Restriction on Sale of Securities. If at any time Prologis will determine, in its discretion, that the listing, registration or qualification of the
Stock upon any securities exchange or under any local, state, federal or foreign securities or exchange control law, or the consent or approval of any governmental regulatory authority, is necessary or desirable as a condition to the issuance of
Stock to Participant (or his or her estate), such issuance will not occur unless and until such listing, registration, qualification, consent or approval will have been effected or obtained free of any conditions not acceptable to Prologis.
Participant understands that Prologis is under no obligation to register or qualify the Stock with, or seek any approval or clearance from, any governmental regulatory authority for the issuance or sale of the Stock. Further, Participant agrees that
Prologis shall have unilateral authority to amend the Plan and the Award Agreement without Participant’s consent to the extent necessary to comply with securities or other laws applicable to issuance of Stock. Finally, Participant acknowledges
that Participant’s subsequent sale of the Stock issued pursuant to this Award Agreement may be subject to any market blackout period that may be imposed by Prologis and must comply with Prologis’ insider trading policies, and any other
applicable securities laws. 
 19. Committee Authority. The Committee will have the power to interpret the Plan and this
Award Agreement and to adopt such rules for the administration, interpretation and application of the Plan as are consistent therewith and to interpret or revoke any such rules (including, but not limited to, the determination of whether or not any
Restricted Stock Units and/or Dividend Equivalent Units have vested). All actions taken and all interpretations and determinations made by the Committee in good faith will be final and binding upon Participant, Prologis and all other interested
persons. 
 20. Electronic Delivery and Acceptance. Prologis may, in its sole discretion, decide to deliver any documents
related to the Restricted Stock Units by electronic means or request Participant’s consent to participate in the Plan by electronic means. Participant hereby consents to receive such documents by electronic delivery and agrees to participate in
the Plan through any on-line or electronic system established and maintained by Prologis, E*TRADE or another third party designated by Prologis. 
 21. Captions. Captions provided herein are for convenience only and are not to serve as a basis for interpretation or construction of this Award Agreement. 

22. Agreement Severable. In the event that any provision in this Award Agreement will be held invalid or unenforceable, whether in
whole or in part, such provision (or portion thereof) will be severable from, and such invalidity or unenforceability will not be construed to have any effect on, the remaining provisions of this Award Agreement. 

 23. Modifications to the Award Agreement. 

(a) If Participant is an employee, except as expressly set forth in Participant’s employment agreement (if any) or any other
individual agreements between Prologis and Participant (if any), this Award Agreement (including the Recoupment Policy referenced in paragraph 3(e)) constitutes the entire understanding of the parties on the subjects covered. To the extent that any
such agreement between Prologis and an employee-Participant contains more favorable terms with respect to the Restricted Stock Units than the terms contained herein, the terms of such other agreement shall control to the extent that such terms do
not conflict with the Plan. 
 (b) Notwithstanding anything to the contrary in the Plan or this Award Agreement, Prologis may
amend this Award Agreement as necessary to comply with Section 409A or to otherwise avoid imposition of any additional tax or income recognition under Section 409A in connection to this award of Restricted Stock Units. 

(c) Notwithstanding anything to the contrary in the Plan or this Award Agreement, Prologis reserves the right to impose other requirements
on Participant’s participation in the Plan, on the Award of Restricted Stock Units and on any Stock acquired under the Plan, to the extent that Prologis determines it is necessary or advisable for legal or administrative reasons, and to require
Participant to sign any additional agreements or undertakings that may be necessary to accomplish the foregoing. 
 24.
Amendment, Suspension or Termination of the Plan. Participant understands that the Plan is discretionary in nature and may be modified, amended, suspended or terminated by Prologis at any time, to the extent permitted by the Plan. 

25. Country Appendix. Notwithstanding any provisions in this Award Agreement, this Award of Restricted Stock Units shall be subject
to any special terms and conditions set forth in the Country Appendix to this Award Agreement for Participant’s country. Moreover, if Participant relocates to one of the countries included in the Country Appendix, the special terms and
conditions for such country, if any, will apply to Participant to the extent that Prologis determines that the application of such terms and conditions is necessary or advisable for legal or administrative reasons. The Country Appendix constitutes
part of this Award Agreement. 
 26. Governing Law & Venue. This Award Agreement will be governed by the laws of
the State of Maryland, without giving effect to the conflict of law principles thereof. For purposes of litigating any dispute that arises under this Award Agreement, the parties hereby submit to and consent to the jurisdiction of the State of
Colorado, U.S.A., agree that such litigation shall be conducted in the courts of the county of Denver, Colorado, U.S.A., or the federal courts for the United States for the District of Colorado, where this grant is made and/or to be performed.

 27. Waiver. Participant acknowledges that a waiver by Prologis of a breach of any provision of this Award Agreement
shall not operate or be construed as a waiver of any other provision of this Award Agreement, or of any subsequent breach by Participant or any other Participant. 

 Prologis, Inc. 
 2012 Long-Term Incentive Plan 
 Country Appendix 

Restricted Stock Unit Agreement 
 The additional terms and conditions set forth in this Country Appendix are specifically incorporated into the Award Agreement. These terms and conditions govern the Restricted Stock Units granted to you
under the Prologis, Inc. 2012 Long-Term Incentive Plan (the “Plan”) if you work and/or reside in one of the countries listed below. 
 If you are citizen or resident of a country other than the one in which you are currently working (or are considered as such for local law purposes), or if you move to another country after receiving the
Award of Restricted Stock Units, Prologis will, in its discretion, determine the extent to which the terms and conditions herein will be applicable to you. 
 Certain capitalized terms used but not defined in this Country Appendix have the meanings set forth in the Plan and/or the Award Agreement. 
 BRAZIL 
 Compliance with Law 

By accepting the Restricted Stock Units, Participant agrees to comply with applicable Brazilian laws and to pay any and all applicable
taxes associated with the vesting of the Restricted Stock Units and the sale of any Stock acquired under the Plan. 
 CANADA 

Form of Settlement of Award 
 Notwithstanding subsection 4.1(e) of the Plan, the Restricted Stock Units shall be settled in shares of Stock only. 
 CHINA 
 The following provisions govern your participation in the Plan if you
are a national of the People’s Republic of China (“PRC”) resident in mainland China: 

  
 - Appendix 1 -

 Form of Dividend Equivalent Payments 

Notwithstanding paragraph 4 of the Award Agreement, Dividend Equivalent Payments shall accrue on the dividend payment date with respect to
Stock and be paid to Participant in the form of additional shares of Stock on each Vesting Date of the Restricted Stock Units that entitled Participant to such Dividend Equivalent Payment. For the avoidance of doubt, Dividend Equivalent Payments
will be made with respect to the additional shares of Stock described in the preceding sentence. No cash Dividend Equivalent Payments will be made to Participant. 
 Mandatory Sale Restriction 
 Due to exchange control restrictions in the
People’s Republic of China (“PRC”), Participant understands and agrees that Prologis reserves the right to require the automatic sale of any shares of Stock issuable to Participant upon vesting of the Restricted Stock Units and
Dividend Equivalent Units. Participant understands and agrees that any automatic sale of the shares of Stock will occur as soon as is practical following settlement of the Restricted Stock Units. 

If Prologis does not exercise its right to require the automatic sale of Stock issuable upon settlement of the Restricted Stock Units and
Dividend Equivalent Units, as described above, Participant understands and agrees that any Stock acquired by Participant under the Plan must be sold no later than six (6) months after Participant’s Termination Date, or within any other
such time frame as may be permitted by Prologis or required by the PRC State Administration of Foreign Exchange. Participant understands that any shares of Stock acquired by Participant under the Plan that have not been sold by within six
(6) months of Participant’s termination date will be automatically sold by Prologis’ designated broker at the direction of Prologis. 
 In this regard, Participant hereby expressly authorizes (i) Prologis to instruct its designated broker to assist with a mandatory sale of such Stock (on Participant’s behalf pursuant to this
authorization), and (ii) E*TRADE (or any other broker designated by Prologis) to complete the sale of such Stock at the direction of Prologis. Participant acknowledges and agrees that E*TRADE (or any other broker designated by Prologis) is
under no obligation to arrange for the sale of the shares of Stock at any particular price. Participant understands and agrees that, upon any such sale of the Stock, the sales proceeds (less any applicable Tax-Related Items and/or broker’s fees
or commissions) will be remitted to Participant in accordance with any applicable exchange control laws or regulations including, but not limited to, the restrictions set forth in this Country Appendix for China below under “Exchange Control
Restrictions.” 
 Exchange Control Restrictions 

By accepting the Restricted Stock Units, Participant understands and agrees that, due to PRC exchange control restrictions, Participant is
not permitted to transfer any Stock acquired under the Plan out of Participant’s account established with E*TRADE (or any other broker with which Prologis deposits the Stock upon vesting of the Restricted Stock Units and Dividend Equivalent
Units), and that Participant will be required to immediately repatriate all proceeds from the sale of Stock due to Participant under the Plan to the PRC, including any proceeds from the sale of Stock acquired under the Plan. 

  
 - Appendix 2 -

 Further, Participant understands that such repatriation will need to be effected through a
special exchange control account established by Prologis, the Employer, or a Related Company in the PRC, and Participant hereby consents and agrees that the proceeds may be transferred to such special account prior to being delivered to Participant.
The proceeds may be paid to Participant in U.S. dollars or in local currency, at Prologis’ discretion. If the proceeds are paid in U.S. dollars, Participant understands that he or she will be required to set up a U.S. dollar bank account in the
PRC so that the proceeds may be deposited into this account. If the proceeds are paid in local currency, Participant acknowledges that neither Prologis nor any Related Company is under an obligation to secure any particular currency conversion rate
and that Prologis (or a Related Company) may face delays in converting the proceeds to local currency due to exchange control requirements in the PRC. Participant agrees to bear any currency fluctuation risk between the time the shares of Stock are
sold and the time the proceeds are converted into local currency and distributed to Participant. Participant further agrees to comply with any other requirements that may be imposed by Prologis in the future to facilitate compliance with PRC
exchange control requirements. 
 CZECH REPUBLIC 
 Form of Dividend Equivalent Payments 
 Notwithstanding paragraph 4 of the
Award Agreement, Dividend Equivalent Payments shall accrue on each dividend payment date with respect to Stock and be paid to Participant in the form of additional shares of Stock on the Vesting Date of the Restricted Stock Units that entitled
Participant to such Dividend Equivalent Payment. For the avoidance of doubt, Dividend Equivalent Payments will be made with respect to the additional shares of Stock described in the preceding sentence. No cash Dividend Equivalent Payments will be
made to Participant. 
 FRANCE 
 Not Tax Qualified Awards 
 The Restricted Stock Units do not qualify for,
and are not intended to qualify for, the specific tax and social security treatment applicable to French-qualified Restricted Stock Units under Section L. 225-197-1 to L. 225-197-6 of the French Commercial Code, as amended. 

Consent to Receive Information in English 
 By accepting the Restricted Stock Units, Participant confirms having read and understood the Plan and the Award Agreement, which were provided in the English language. Participant accepts the terms of
those documents accordingly. 
 En acceptant cette attribution gratuite d’actions, le Participant confirme avoir
lu et compris le Plan et ce Contrat, incluant tous leurs termes et conditions, qui lui ont été transmis en langue anglaise. Le Participant accepte les dispositions de ces documents en connaissance de cause.

  
 - Appendix 3 -

 GERMANY 
 Form of Dividend Equivalent Payments 
 Notwithstanding paragraph 4 of the
Award Agreement, Dividend Equivalent Payments shall accrue on each dividend payment date with respect to Stock and be paid to Participant in the form of additional shares of Stock on the Vesting Date of the Restricted Stock Units that entitled
Participant to such Dividend Equivalent Payment. For the avoidance of doubt, Dividend Equivalent Payments will be made with respect to the additional shares of Stock described in the preceding sentence. No cash Dividend Equivalent Payments will be
made to Participant. 
 HUNGARY 
 There are no country-specific provisions. 
 ITALY 

Form of Dividend Equivalent Payments 
 Notwithstanding paragraph 4 of the Award Agreement, Dividend Equivalent Payments shall accrue on each dividend payment date with respect to Stock and be paid to Participant in the form of additional
shares of Stock on the Vesting Date of the Restricted Stock Units that entitled Participant to such Dividend Equivalent Payment. For the avoidance of doubt, Dividend Equivalent Payments will be made with respect to the additional shares of Stock
described in the preceding sentence. No cash Dividend Equivalent Payments will be made to Participant. 
 Data Privacy
Consent 
 This provision replaces paragraph 15 of the Award Agreement (“Data Privacy Consent”): 

Participant understands that the Employer, Prologis and any Related Company may hold certain personal information about Participant,
including, but not limited to, Participant’s name, home address and telephone number, date of birth, social insurance or other identification number, salary, nationality, job title, any Stock or directorships held in Prologis or any Related
Company, details of all Restricted Stock Units, or any other entitlement to Stock awarded, canceled, exercised, vested, unvested or outstanding in Participant’s favor (“Data”) and will process such Data in compliance with applicable
laws and regulations for the exclusive purpose of implementing, managing and administering Participant’s participation in the Plan. 
 Participant understands that providing Prologis with Data is mandatory for compliance with local law and necessary for the performance of the Plan and that Participant’s refusal to provide such
Data would make it impossible for Prologis to perform its contractual obligations under the Plan. Participant acknowledges and agrees that this consent is being provided on a purely voluntary basis and that if Participant does not consent, or if
Participant later seeks to revoke this consent, Participant’s employment status or service and career with the Employer 

  
 - Appendix 4 -

 
will not be adversely affected; the only adverse consequence of refusing or withdrawing Participant’s consent is that Prologis would not be able to grant Participant Restricted Stock units
or other equity awards or administer or maintain such awards. Therefore, Participant understands that refusing or withdrawing this consent may affect Participant’s ability to participate in the Plan. 

Participant understands that the Controller of personal data processing is Prologis, Inc., with its principal operational offices at
4545 Airport Way, Denver, Colorado 80239, U.S.A., and, pursuant to Legislative Decree no. 196/2003, its Representative in Italy for privacy purposes is ProLogis Italy Management S.r.l., with its registered offices at Via Milano 150, Cologno
Monzese MI, Italy. 
 Participant understands that Participant’s Data will not be publicized, but it may be
transferred to banks, other financial institutions or brokers involved in the management and administration of the Plan. Participant further understands that Prologis and its Related Companies will transfer Data amongst themselves as necessary for
the purpose of implementation, administration and management of Participant’s participation in the Plan, and that Prologis and/or its Related Companies may each further transfer Data to third parties assisting Prologis in the implementation,
administration and management of the Plan, including any requisite transfer to a broker or another third party with whom Participant may elect to deposit any Stock acquired under the Plan. Such recipients may receive, possess, use, retain and
transfer the Data in electronic or other form, for the purposes of implementing, administering and managing Participant’s participation in the Plan. Participant understands that these recipients may be located in the European Economic Area, or
elsewhere, such as the U.S. Should Prologis exercise its discretion in suspending all necessary legal obligations connected with the management and administration of the Plan, it will delete Participant’s Data as soon as it has accomplished all
the necessary legal obligations connected with the management and administration of the Plan. 
 Participant understands
that Data processing related to the purposes specified above shall take place under automated or non-automated conditions, anonymously when possible, that comply with the purposes for which Data are collected and with confidentiality and security
provisions as set forth by applicable laws and regulations, with specific reference to Legislative Decree no. 196/2003. The processing activity, including communication, the transfer of Participant’s Data abroad, including outside of the
European Economic Area, as herein specified and pursuant to applicable laws and regulations, does not require Participant’s consent thereto as the processing is necessary to performance of contractual obligations related to implementation,
administration and management of the Plan. Participant understands that, pursuant to Section 7 of the Legislative Decree no. 196/2003, Participant has the right to, including but not limited to, access, delete, update, ask for rectification of
Participant’s Data and cease, for legitimate reason, the Data processing. Furthermore, Participant is aware that Participant’s Data will not be used for direct marketing purposes. In addition, Participant understands that the Data provided
may be reviewed by Participant at any time and that any questions or complaints with respect to the matters described herein may be addressed by contacting Participant’s local human resources representative. 

  
 - Appendix 5 -

 Terms of Grant 

By accepting the Restricted Stock Units, Participant acknowledges and agrees that he or she has received a copy of the Plan and the Award
Agreement, including this Country Appendix, has reviewed these documents in their entirety and fully understands the contents thereof, and accepts the terms and conditions contained in these documents. Specifically, Participant expressly approves
the following portions of the Award Agreement: (i) paragraph 2 (“Prologis’ Obligation to Pay); (ii) paragraph 3 (“Vesting Schedule and Issuance of Stock); (iii) paragraph 6 (“Withholding of Taxes”);
(iv) paragraph 12 (“Nature of Award”); (v) paragraph 13 (“Choice of Language”); (vi) paragraph 23 (“Modifications to the Award Agreement”); (vii) paragraph 26 (“Governing Law and Venue”);
and (viii) the Data Privacy Consent set forth above in this Country Appendix for Italy. 
 JAPAN 

There are no country-specific provisions. 
 LUXEMBOURG 
 There are no country-specific provisions. 

MEXICO 
 Plan Document
Acknowledgement 
 By accepting the Restricted Stock Units, Participant acknowledges that he or she has received a copy of
the Plan, the Restricted Stock Unit Notice of Grant, and the Award Agreement, including this Country Appendix, which Participant has reviewed. Participant acknowledges further that he or she accepts all the provisions of the Plan, the Restricted
Stock Unit Notice of Grant, and the Award Agreement, including this Country Appendix. Participant also acknowledges that he or she has read and specifically and expressly approves the terms and conditions set forth in paragraph 12 of the Award
Agreement (“Nature of Award”), which clearly provides as follows: 
 (1) Participant’s participation in the Plan
does not constitute an acquired right; 
 (2) The Plan and Participant’s participation in it are offered by Prologis on a
wholly discretionary basis; 
 (3) Participant’s participation in the Plan is voluntary; and 

(4) Prologis, its Related Companies and Participant’s Employer are not responsible for any decrease in the value of any Stock
acquired at vesting of the Restricted Stock Units. 

  
 - Appendix 6 -

 Labor Law Policy and Acknowledgment 

This provision supplements paragraph 12 of the Award Agreement (“Nature of Award”): 

In accepting the Award of Restricted Stock Units, Participant expressly recognizes that Prologis with its principal operating offices at
4545 Airport Way, Denver, Colorado 80239, U.S.A., is solely responsible for the administration of the Plan and that Participant’s participation in the Plan and acquisition of Stock do not constitute an employment relationship between
Participant and Prologis since Participant is participating in the Plan on a wholly commercial basis and his or her sole Employer is Servicios Corporativos GC, S.A. de C.V. Based on the foregoing, Participant expressly recognizes that the Plan and
the benefits that he or she may derive from participating in the Plan do not establish any rights between Participant and the Employer and do not form part of the employment conditions and/or benefits provided by the Employer and any modification of
the Plan or its termination shall not constitute a change or impairment of the terms and conditions of Participant’s employment. 
 Participant further understands that his or her participation in the Plan is as a result of a unilateral and discretionary decision of Prologis; therefore, Prologis reserves the absolute right to amend
and/or discontinue Participant’s participation at any time without any liability to Participant. 
 Finally, Participant
hereby declares that he or she does not reserve to him- or herself any action or right to bring any claim against Prologis for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and Participant
therefore grants a full and broad release to Prologis, and its affiliates, branches, representation offices, shareholders, trustees, directors, officers, employees, agents, or legal representatives with respect to any such claim that may arise.

 Spanish Translation 
 Reconocimiento del Documento del Plan 
 Al aceptar las Unidades de Acciones
Restringidas, el Participante reconoce que ha recibido una copia del Plan, la Notificación del Otorgamiento y el Convenio, incluyendo este Apéndice por país, mismos que el Participante ha revisado. El Participante reconoce,
además, que acepta todas las disposiciones del Plan, la Notificación del Otorgamiento y el Convenio, incluyendo este Apéndice por país. El Participante también reconoce que ha leído y que
específicamente aprueba de forma expresa los términos y condiciones establecidos en la Sección 11 del Convenio: “Naturaleza de la Subvención”, que claramente dispone lo siguiente: 

(1) La participación del Participante en el Plan no constituye un derecho adquirido; 

(2) El Plan y la participación del Participante en el Plan se ofrecen por Prologis de manera totalmente discrecional; 

(3) La participación del Participante en el Plan es voluntaria; y 

  
 - Appendix 7 -

 (4) Prologis, sus Compañías Relacionadas y el Patrón del Participante
no son responsables de ninguna disminución en el valor de las Acciones adquiridas al momento de tener el derecho respecto a las Unidades de Acciones Restringidas. 
 Política Laboral y Reconocimiento 
 Esta disposición suplementa la
Sección 13 del Convenio (“naturaleza del Otorgamiento): 
 Al aceptar esta Recompensa, el Participante expresamente
reconoce que Prologis, con domicilio de operaciones ubicado en 4545 Airport Way, Denver, Colorado 80239, EE.UU., es únicamente responsable por la administración del Plan y que la participación del Participante en el Plan y la
adquisición de Acciones no constituyen una relación de trabajo entre el Participante y Prologis, ya que el Participante participa en el Plan de una manera totalmente comercial y su único Patrón es Servicios Corporativos
GC, S.A. de C.V. Derivado de lo anterior, el Participante expresamente reconoce que el Plan y los beneficios que le pudieran derivar de la participación en el Plan no establecen derecho alguno entre el Participante y el Patrón del
Participante y no forman parte de las condiciones de trabajo y/o las prestaciones otorgadas por el Patrón y que cualquier modificación al Plan o su terminación no constituye un cambio o menoscabo de los términos y
condiciones de la relación de trabajo del Participante. 
 Asimismo, el Participante reconoce que su participación
en el Plan es resultado de una decisión unilateral y discrecional de Prologis; por lo tanto, Prologis se reserva el derecho absoluto de modificar y/o discontinuar la participación del Participante en cualquier momento y sin
responsabilidad alguna frente el Participante. 
 Finalmente, el Participante por este medio declara que no se reserva derecho o
acción alguna en contra de la Compañía por cualquier compensación o daños y perjuicios en relación con cualquier disposición del Plan o de los beneficios derivados del Plan y, por lo tanto, el
Participante otorga el más amplio finiquito que en derecho proceda a Prologis, y sus afiliadas, sucursales, oficinas de representación, accionistas, fiduciarios, directores, funcionarios, empleados, agentes o representantes legales en
relación con cualquier demanda o reclamación que pudiera surgir. 
 NETHERLANDS 

Prohibition Against Insider Trading 
 If Participant is a resident of the Netherlands, Participant should be aware of the Dutch insider-trading rules, which may impact Participant’s ability to sell Stock acquired under the Plan. In
particular, Participant may be prohibited from effectuating certain share transactions if Participant has inside information regarding Prologis. 
 Below is a discussion of the applicable restrictions. Participant is advised to read the discussion carefully to determine whether the Dutch insider-trading rules could apply to him or her. If it is
uncertain whether the Dutch insider-trading rules apply to Participant, Prologis recommends that Participant should contact his or her own legal advisor. Please note that Prologis cannot be held liable if Participant violates the Dutch
insider-trading rules. Participant is responsible for ensuring compliance with these rules. 

  
 - Appendix 8 -

 In accepting the Award of Restricted Stock Units, entering into the Award Agreement and
participating in the Plan, Participant acknowledges having read and understood the notification below and acknowledges that it is his or her responsibility to comply with the following Dutch insider-trading rules: 

Under Article 5:56 of Dutch Financial Supervision Act, anyone who has “inside information” related to Prologis is prohibited
from effectuating a transaction in securities in or from the Netherlands. “Inside information” is defined as knowledge of specific information concerning the issuing company to which the securities relate or the trade in securities by such
company, which has not been made public and which, if published, would reasonably be expected to affect the stock price, regardless of the development of the price. The insider could be any employee of Prologis or a Related Company in the
Netherlands who has inside information as described herein. 
 Given the broad scope of the definition of “inside
information,” certain employees of Prologis or a Related Company who are resident in the Netherlands may have inside information and, thus, would be prohibited from effectuating a transaction Prologis’ Stock (e.g., selling shares of
Stock acquired under the Plan) in the Netherlands at a time when the employee has such inside information. 
 POLAND 

There are no country-specific provisions. 
 SINGAPORE 
 Securities Law Information 

The Restricted Stock Units are being granted in reliance on Section 273(1)(f) of the Securities and Futures Act (Chapter 289, 2006
Ed.) (“SFA”), under which the grant of Restricted Stock Units is exempt from the prospectus and registration requirements under the SFA. The Plan has not been lodged or registered as a prospectus with the Monetary Authority of Singapore.
Participant hereby acknowledges and agrees that the Restricted Stock Units are subject to Section 257 of the SFA and that Participant will not be able to sell, or offer for sale, Stock acquired upon vesting of the Restricted Stock Units unless
such sale or offer is made pursuant to the exemptions under Part XIII Division (1) Subdivision (4) (other than Section 280) of the SFA (Chapter 289, 2006 Ed.). 

  
 - Appendix 9 -

 Director Notification Requirement 

Participant understands and agrees that if he or she is a director of a Related Company in Singapore, the Singapore Companies Act
requires Participant to notify such Related Company in Singapore in writing of any interest (e.g., Restricted Stock Units, Stock, etc.) that Participant holds in Prologis (or any Related Company) within two business days of (i) acquiring
or disposing of such interest, (ii) any change in a previously-disclosed interest (e.g., upon vesting of the Restricted Stock units), or (iii) becoming a director, if Participant holds such an interest at that time. 

Prohibition Against Insider Trading 
 Participant should be aware of the Singapore insider-trading rules, which may impact Participant’s right to acquire or dispose of Stock acquired under the Plan. Under the Singapore insider-trading
rules, Participant is prohibited from selling Stock when he or she is in possession of information concerning Prologis that is not generally available and that Participant knows (or should know) will have a material effect on the price of the Stock
once such information is generally available. 
 In accepting the Award of Restricted Stock Units, entering into the Award
Agreement and participating in the Plan, Participant acknowledges having read and understood the notification above and acknowledges that it is his or her responsibility to comply with the following Singapore insider-trading rules. 

SLOVAK REPUBLIC 
 There are no
country-specific provisions. 
 SPAIN 
 Labor Law Acknowledgement 
 This provision supplements paragraph 12 of the
Award Agreement (“Nature of Award”): 
 In accepting the Award of Restricted Stock Units, Participant consents to
participation in the Plan and has received a copy of the Plan. Participant understands that Prologis has unilaterally, gratuitously and in its sole discretion decided to make an Award of Restricted Stock Units under the Plan to individuals who may
be employees of Prologis or its Related Companies throughout the world. This decision is a limited decision that is entered into upon the express assumption and condition that any Award will not economically or otherwise bind Prologis or any of its
Related Companies on an ongoing basis except as provided in the Award Agreement and Plan. Consequently, Participant understands that the Award of Restricted Stock Units is made on the assumption and condition that the Restricted Stock Units, any
Dividend Equivalent Payments and any Stock issuable upon vesting of the Restricted Stock Units (i) shall not become a part of any employment contract (either with Prologis or any of its Related Companies), (ii) shall not be considered a
mandatory benefit, right or entitlement for any purpose, and (iii) shall not be considered salary, wages or compensation for any purpose (including calculating severance compensation). Participant understands that the Award of Restricted Stock
Units would not be made to Participant but for the assumptions and conditions referred to above; thus, Participant acknowledges and freely accepts that should any or all of the assumptions be mistaken or should any of the conditions not be met for
any reason, then any Award made to Participant under the Plan shall be null and void. 

  
 - Appendix 10
- 

 Further, the vesting of the Restricted Stock Units and/or Dividend Equivalent Units is
expressly conditioned on Participant’s continued and active rendering of service to Prologis or a Related Company, such that if Participant’s service terminates for any reason (other than death, Disability or Retirement), the Restricted
Stock Units and Dividend Equivalent Units may cease vesting immediately, in whole or in part, effective on Participant’s Termination Date (unless otherwise specifically provided in the Plan or the Award Agreement). This will be the case, for
example, even if (1) Participant is considered to be unfairly dismissed without good cause; (2) Participant is dismissed for disciplinary or objective reasons or due to a collective dismissal; (3) Participant terminates employment or
service due to a change of work location, duties or any other employment or contractual condition; (4) Participant terminates employment or service due to a unilateral breach of contract by Prologis or a Related Company; or
(5) Participant’s service terminates for any other reason whatsoever. Consequently, upon termination of Participant’s employment or service for any of the above reasons, Participant may automatically lose any rights to Restricted
Stock Units and Dividend Equivalent Units that were not vested on Participant’s Termination Date, as described in the Plan and the Award Agreement. 
 The Participant acknowledges that he or she has read and specifically accepts the conditions referred to in paragraph 2 and paragraph 3 of the Award Agreement. 

Securities Law Notice 

The Restricted Stock Units do not qualify as “securities” under Spanish law. No “offer of securities to the public,” as defined under
Spanish law, has taken place or will take place in the Spanish territory in connection with the Award of the Restricted Stock Units. Further, none of the materials distributed to Participant in connection with the Award of Restricted Stock Units,
including the Plan document and the Award Agreement (i) have been, or will be, registered with the Comisión Nacional del Mercado de Valores, and (ii) do not constitute a public offering prospectus. 

SWEDEN 
 There are no
country-specific provisions. 
 UNITED KINGDOM 
 Tax Acknowledgment 
 This provision supplements paragraph 6 of the Award
Agreement (“Withholding of Taxes”): 

  
 - Appendix 11
- 

 If payment or withholding of income tax due by Participant in connection with the Restricted
Stock Units is not made within 90 days of the event giving rise to the income tax or such other period specified in Section 222(1)(c) of the U.K. Income Tax (Earnings and Pensions) Act 2003 (the “Due Date”), Participant agrees that
the amount of any uncollected income tax shall (assuming Participant is not a director or executive officer of Prologis (within the meaning of Section 13(k) of the Exchange Act)), constitute a loan owed by Participant to the Employer, effective
on the Due Date. Participant agrees that the loan (i) will bear interest at the then-current Her Majesty’s Revenue and Customs (“HMRC”) Official Rate, (ii) will be immediately due and repayable, and (iii) may be
recovered by Prologis and/or the Employer any time by any of the means referred to in paragraph 6 of the Award Agreement. 
 If
Participant is a director or executive officer of Prologis (as described above) and such income tax is not collected from or paid by Participant by the Due Date, the amount of such uncollected income tax will constitute an additional benefit to
Participant on which additional income tax and national insurance contributions (“NICs”) will be payable. Participant will be responsible for reporting any income tax and NICs due on this additional benefit directly to HMRC under the
self-assessment regime. 
 UNITED STATES 
 There are no country-specific provisions. 

  
 - Appendix 12
-EX-10.2

                    ,
20         
 VIA HAND DELIVERY 

 

                         
                                         
                                         
                                         
                                         
                                  

Alexza Pharmaceuticals, Inc. 
 2091 Stierlin
Court 
 Mountain View, CA 94043 

Re:        Change of Control Agreement 
 Dear                      : 
 In consideration of your continued employment, Alexza Pharmaceuticals, Inc. (the “Company”) is pleased to offer you the following agreement regarding your severance benefits (the
“Agreement”). This Agreement amends and supersedes any and all prior agreements with respect to your severance benefits and any such prior agreements are hereby expressly superseded and replaced in their entirety by this Agreement
and shall have no further force or effect. 
 1. At-Will Employment. Nothing in this Agreement alters the at-will nature
of your employment relationship with the Company. Subject to the terms of this Agreement, either you or the Company may terminate your employment relationship at any time, with or without Cause or advance notice. In particular, nothing expressed or
implied in this Agreement will create any right or duty on the part of the Company to have you remain in the employment of the Company or any subsidiary prior to or following any Corporate Transaction. 

2. Termination. You and the Company each acknowledge that either party has the right to terminate your employment with the Company
at any time for any reason whatsoever, with or without cause or advance notice pursuant to the following: 
 (a) Termination
by Death or Disability. In the event you shall die during the period of your employment hereunder or become permanently disabled, as evidenced by your inability to carry out your job responsibilities for a continuous period of six months, your
employment and the Company’s obligation to make payments hereunder shall terminate on the date of your death, or the date upon which, in the sole reasonable determination of the Board of Directors of the Company, you have failed to carry out
your job responsibilities for six months, except the Company shall pay you (or your estate) (i) any salary earned but unpaid prior to such termination and all accrued but unused vacation, and (ii) any business expenses incurred by you in
connection with your performance of your duties, according to the policies of the Company, that were incurred but not reimbursed as of the date of such termination. Vesting of any of your stock options outstanding on the date of termination shall
cease on the date of termination. The Company’s ability to terminate you as a result of any disability shall be to the extent permitted by state and/or federal law. 

  
 1 

 (b) Voluntary Resignation. In the event you voluntarily resign from your employment
with the Company (other than for Good Reason as defined below), the Company’s obligation to make payments hereunder shall cease upon such resignation, except the Company shall pay you (i) any salary earned but unpaid prior to the
resignation and all accrued but unused vacation, and (ii) any business expenses incurred by you in connection with your performance of your duties, according to the policies of the Company, that were incurred but not reimbursed as of the date
of resignation. Vesting of any of your stock options outstanding on the date of resignation shall cease on the date of resignation. 
 (c) Termination for Cause. In the event you are terminated by the Company for Cause (as defined below), the Company’s obligation to make payments hereunder shall cease upon the date of receipt
by you of written notice and explanation of such termination (the “Date of Termination” for purposes of this paragraph 2(c)), except the Company shall: pay you (i) any salary earned but unpaid prior to the Date of Termination,
all accrued but unused vacation and (ii) any business expenses, incurred by you in connection with your performance of your duties, according to the policies of the Company, that were incurred but not reimbursed as of the Date of Termination.
Vesting of any stock options outstanding on the Date of Termination shall cease on the Date of Termination. 
 (d)
Termination by the Company Without Cause or Resignation for Good Reason in Connection with a Corporate Transaction. Subject to the terms and conditions of this Agreement, the Company will provide you with Severance Benefits (as defined in
Section 3) if a Corporate Transaction occurs and as of, or within three (3) months prior to or twelve (12) months after, the effective time of such Corporate Transaction (i) the Company terminates your employment without Cause or
(ii) you resign your employment for Good Reason. You will not be entitled to receive any Severance Benefits if (i) the Company terminates your employment for Cause, (ii) you resign from your employment with the Company other than for
Good Reason, (iii) your employment with the Company terminates as a result of your death or disability or (iv) the Company terminates your employment without Cause or you resign your employment for Good Reason other than in connection with
a Corporate Transaction as described in the preceding sentence. In addition, to the extent that any federal, state or local laws, including, without limitation, so-called “plant closing” laws, require the Company to give advance notice or
make a payment of any kind to you because of your involuntary termination due to a layoff, reduction in force, plant or facility closing, sale of business, change of control, or any other similar event or reason, the Severance Benefits payable under
this Agreement shall be reduced in an amount equal to any such payment received by you, such that the total amounts paid you do not exceed the Severance Benefits specified herein. The Severance Benefits provided under this Agreement are intended to
satisfy any and all statutory obligations that may arise out of your involuntary termination of employment for the foregoing reasons. 
 3. Description of Severance Benefits. For purposes of this Agreement, “Severance Benefits” are defined as: 
 (a) severance pay (the “Severance Pay”) equivalent to twelve (12) months of your Base Salary (as defined below) plus an amount equal to the greater of (i) the annual
bonus paid to you for the last completed fiscal year and (ii) the amount of your target bonus established for the fiscal year in which the Notice Date falls; provided that if no target bonus has been

  
 2 

 
established for the fiscal year in which the Notice Date falls, item (ii) shall be the amount of your target bonus established for the immediately preceding fiscal year. The date you are
notified that your employment with the Company is being terminated without Cause or the date you notify the Company that you are terminating your employment for Good Reason, shall be referred to herein as the “Notice Date.” Subject
to the final sentence of this Section 3, the Severance Pay will be paid in a single lump sum cash payment within seven days after the effective date of the release described below, and will be subject to standard payroll deductions and
withholdings; 
 (b) all stock options, restricted stock units and other stock awards in the Company theretofore granted
to you, and any restricted stock owned by you subject to a right of repurchase by the Company, shall vest immediately upon the Notice Date; provided that, the relevant stock option plan and such stock options, restricted stock units and other
stock awards, as applicable, shall not have otherwise terminated in accordance with the terms thereof; and 
 (c)
reimbursement of your out of pocket costs to continue your group health insurance benefits (and dependent coverage, if applicable) under COBRA at substantially the same level of coverage in effect immediately prior to the Notice Date for
eighteen (18) months following the last day of the month in which your Notice Date occurs, payable in a single lump sum within seven days after the effective date of the release described below, subject to standard payroll deductions and
withholdings; provided, that even if you do not elect or are not eligible to receive COBRA, you shall receive the equivalent of such out of pocket costs. 
 To receive any of the Severance Benefits, you must first sign, date and allow to become effective a general release of claims in favor of the Company in the form attached hereto as Exhibit A (the
“Release”). Such Release shall not be signed or dated prior to the Notice Date. 
 To the extent Severance Benefits pursuant to
Section 3 above (A) are paid from the date of termination of your employment through March 15 of the calendar year following such termination, such Severance Benefits are intended to constitute separate payments for purposes of
Section 1.409A-2(b)(2) of the Treasury Regulations and thus payable pursuant to the “short-term deferral” rule set forth in Section 1.409A-1(b)(4) of the Treasury Regulations; (B) are paid following said March 15, such
Severance Benefits are intended to constitute separate payments for purposes of Section 1.409A-2(b)(2) of the Treasury Regulations made upon an involuntary separation from service and payable pursuant to Section 1.409A-1(b)(9)(iii) of the
Treasury Regulations, to the maximum extent permitted by said provision, and (C) are in excess of the amounts specified in clauses (A) and (B) of this paragraph, shall (unless otherwise exempt under Treasury Regulations) be considered
separate payments subject to the distribution requirements of Section 409A(a)(2)(A) of the Internal Revenue Code of 1986, as amended (the “Code”), including, without limitation, the requirement of Section 409A(a)(2)(B)(i) of the
Code that payments be delayed until 6 months after your separation from service if you are a “specified employee” within the meaning of the aforesaid section of the Code at the time of such separation from service. 

4. Parachute Payments. 
 (a) If any Severance Benefits, payment, distribution or benefit you would receive pursuant to a Corporate Transaction from the Company or otherwise, but determined without regard to any additional
payment required under this section 4(a), (“Payment”) would 

  
 3 

 
(i) constitute a “parachute payment” within the meaning of Section 280G of the Internal Revenue Code of 1986, as amended (the “Code”), and (ii) be
subject to the excise tax imposed by Section 4999 of the Code or any interest or penalties payable with respect to such excise tax (such excise tax, together with any such interest and penalties, are hereinafter collectively referred to as the
“Excise Tax”), then you shall be entitled to receive from the Company an additional payment (the “Gross-Up Payment”) in an amount that shall fund the payment by you of any Excise Tax on the Payment as well as all
income and employment taxes imposed on the Gross-Up Payment, any Excise Tax imposed on the Gross-Up Payment and any interest or penalties imposed with respect to income and employment taxes imposed on the Gross-Up Payment. 

(b) The accounting firm engaged by the Company for general audit purposes as of the day prior to the effective date of the
Corporate Transaction shall perform the foregoing calculations. If the accounting firm so engaged by the Company is serving as accountant or auditor for the individual, entity or group effecting the Corporate Transaction, the Company shall appoint a
nationally recognized accounting firm to make the determinations required hereunder. The Company shall bear all expenses with respect to the determinations by such accounting firm required to be made hereunder. 

(c) The accounting firm engaged to make the determinations hereunder shall provide its calculations, together with detailed
supporting documentation, to the Company and you within fifteen calendar days after the date on which your right to a Payment is triggered (if requested at that time by the Company or you) or such other time as requested by the Company or you. If
the accounting firm determines that no Excise Tax is payable with respect to a Payment, it shall furnish the Company and you with an opinion reasonably acceptable to you that no Excise Tax will be imposed with respect to such Payment. Any good faith
determinations of the accounting firm made hereunder shall be final, binding and conclusive upon the Company and you. 
 5.
Description of Corporate Transaction. For purposes of this Agreement, “Corporate Transaction” is defined as: (i) a sale of substantially all of the assets of the Company; (ii) a merger or consolidation in which the
Company is not the surviving corporation if, immediately after the merger or consolidation, the stockholders of the Company immediately prior thereto do not beneficially own, directly or indirectly, either (A) outstanding voting securities
representing more than fifty percent (50%) of the combined outstanding voting power of the surviving entity in such merger or consolidation, or (B) more than fifty percent (50%) of the combined outstanding voting power of the parent
of the surviving entity in such merger or consolidation, in each case in substantially the same proportions as their ownership of the outstanding voting securities of the Company immediately prior to such transaction;; (iii) a reverse merger in
which the Company is the surviving corporation but the shares of the Company’s common stock outstanding immediately preceding the merger are converted by virtue of the merger into other property, whether in the form of securities, cash or
otherwise if, immediately after the merger, the stockholders of the Company immediately prior thereto do not beneficially own, directly or indirectly, either (A) outstanding voting securities representing more than fifty percent (50%) of
the combined outstanding voting power of the surviving entity in such merger or (B) more than fifty percent (50%) of the combined outstanding voting power of the parent of the surviving entity in such merger, in each case in substantially
the same proportions as their ownership of the outstanding voting securities of the Company immediately 

  
 4 

 
prior to such transaction; or (iv) any transaction or series of related transactions in which in excess of 50% of the Company’s voting power is transferred, other than the sale by the
Company of stock in transactions the primary purpose of which is to raise capital for the Company’s operations and activities. 
 6. Definition of Base Salary. For purposes of this Agreement, “Base Salary” means your base salary as of the Notice Date, excluding the following: any type of bonus payments,
commissions, incentive payments or any other similar remuneration paid directly to you, or any other income received in connection with stock options, contributions made by the Company under any employee benefit plan, or similar items of
compensation. 
 7. Definition of Cause. For purposes of this Agreement, “Cause” means (i) your
arrest for violation of a state or federal criminal law involving the commission of any felony against the Company; (ii) your intentional, material violation of any material written contract or agreement between you and the Company (which, if
curable, is not cured within twenty (20) days after written notice thereof by the Company to you); (iii) your unauthorized use or disclosure of the Company’s confidential information or trade secrets; or (iv) your continued gross
misconduct (which, if curable, is not cured within twenty (20) days after written notice thereof by the Company to you). In the event you are terminated for Cause you will not be entitled to the Severance Benefits, pay in lieu of notice,
vesting of any shares under any option plan, vesting of any unrestricted shares, or any other such compensation set forth herein, but you will be entitled to all compensation, benefits and unreimbursed expenses accrued through the date of
termination. You and the Company acknowledge that this definition of “Cause” is not intended and does not apply to any aspect of the relationship between the Company and any of its employees, including you, beyond determining your
eligibility for the Severance Benefits. 
 8. Definition of Good Reason. For purposes of this Agreement, “Good
Reason” shall mean one or more of the following are undertaken by the Company or the surviving entity in the applicable Corporate Transaction without your express written consent: (i) relocation of your place of work greater than
twenty-five miles from your current work location; (ii) a decrease in your base salary; (iii) a reduction in the amount of your annual target bonus opportunity as in effect prior to such decrease; or (iv) a significant diminution in
your authority, duties or job responsibilities as in effect immediately prior to the first announcement relating to the Corporate Transaction. You and the Company acknowledge that this definition of Good Reason is not intended and does not apply to
any aspect of the relationship between the Company and any of its employees, including you, beyond determining your eligibility for the Severance Benefits. 
 9. Miscellaneous. This Agreement constitutes the complete, final and exclusive embodiment of the entire agreement between you and the Company with regard to your Severance Benefits. It is entered
into without reliance on any promise or representation, written or oral, other than those expressly contained herein, and it supersedes any prior or contemporaneous understandings, discussions, correspondence, agreements, promises, warranties or
representations relating to Severance Benefits. This Agreement may not be modified or amended except in writing signed by you and a duly authorized officer of the Company. This Agreement will be deemed to have been entered into and will be construed
and enforced in accordance with the laws of the State of California as applied to contracts made and 

  
 5 

 
to be performed entirely within California. The parties agree that any action brought by either party to interpret or enforce any provision of this Agreement shall be brought in, and each party
agrees to, and does hereby, submit to the jurisdiction and venue of, the appropriate state or federal court for the district encompassing the Company’s principal place of business. 

10. Successors and Binding Agreement. This Agreement will be binding upon and inure to the benefit of the Company and any
successor to the Company, including without limitation any persons acquiring directly or indirectly all or substantially all of the business or assets of the Company whether or not through a Corporate Transaction (and such successor shall thereafter
be deemed the “Company” for the purposes of this Agreement). This Agreement will inure to the benefit of and be enforceable by your personal or legal representatives, executors, administrators, successors, heirs, distributees and legatees.

 11. Amendments. No provision of the Agreement may be amended, modified or waived unless such amendment, modification
or waiver shall be agreed to in writing and signed by the Executive and a duly authorized officer of the Company. 
 12.
Severability. If any provision of the Agreement shall be determined to be invalid or unenforceable by a court of competent jurisdiction, the remaining provisions of the Agreement shall be unaffected thereby and shall remain in full force and
effect to the fullest extent permitted by law. 
 13. Independent Counsel. You acknowledge that this Agreement has been
prepared on behalf of the Company by counsel to the Company and that this counsel does not represent, and is not acting on your behalf. You have been provided with an opportunity to consult with your own counsel with respect to this Agreement. You
understand that the Company does not make any representation or warranty as to the tax treatment of your stock options. 

14. Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original but
all of which together will constitute one and the same agreement. 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

  
 6 

 The Company appreciates your continuing contributions to Alexza Pharmaceuticals, Inc. Please sign below to
indicate your understanding and acceptance of this Agreement and return the signed original to me at your earliest convenience. 
 Very truly
yours, 
 ALEXZA PHARMACEUTICALS, INC. 

 

			
	 By:
	 	 
		
	 Name:
	 	
		 
	 Title:
	 	 

 UNDERSTOOD AND AGREED: 

 

					
	 	  		  	
	[                             
   ]	  		  	  
 Date

  
 7 

 EXHIBIT A 

RELEASE 

In exchange for the Severance Benefits provided under the foregoing Change of Control Agreement with Alexza Pharmaceuticals, Inc. (the
“Company”), dated                     , 20__, and except as set forth in this release: 

I agree to the terms in the foregoing Agreement. 
 In consideration of the payment to me of the Severance Benefits set forth in the Agreement, I hereby release, acquit and forever discharge the Company, its parents and subsidiaries, and their respective
officers, directors, agents, servants, employees, attorneys, shareholders, successors, assigns and affiliates, of and from any and all claims, liabilities, demands, causes of action, costs, expenses, attorneys fees, damages, indemnities and
obligations of every kind and nature, in law, equity, or otherwise, known and unknown, suspected and unsuspected, disclosed and undisclosed, arising out of or in any way related to agreements, events, acts or conduct at any time prior to and
including the execution date of this release, including but not limited to: all such claims and demands directly or indirectly arising out of or in any way connected with my employment with the Company or the termination of that employment; claims
or demands related to salary, bonuses, commissions, stock, stock options, or any other ownership interests in the Company, vacation pay, fringe benefits, expense reimbursements, severance pay, or any other form of compensation; claims pursuant to
any federal, state or local law, statute, or cause of action including, but not limited to, the federal Civil Rights Act of 1964, as amended; the federal Americans with Disabilities Act of 1990; the federal Age Discrimination in Employment Act of
1967, as amended (“ADEA”); the California Fair Employment and Housing Act, as amended; tort law; contract law; wrongful discharge; discrimination; harassment; fraud; defamation; emotional distress; and breach of the implied covenant of
good faith and fair dealing. 
 I acknowledge that I am knowingly and voluntarily waiving and releasing any rights I may have
under the ADEA, as amended. I also acknowledge that the consideration given for the waiver and release in the preceding paragraph hereof is in addition to anything of value to which I was already entitled. I further acknowledge that I have been
advised by this writing, as required by the ADEA, that: (a) my waiver and release do not apply to any rights or claims that may arise after the execution date of this release; (b) I have been advised hereby that I have the right to consult
with an attorney prior to executing this release; (c) I have twenty-one (21) days to consider this release (although I may choose to voluntarily execute this release earlier); (d) I have seven (7) days following my execution of
this release to revoke the release; and (e) this release will not be effective until the date upon which the revocation period has expired, which will be the eighth day after I execute this release. 

I UNDERSTAND THAT THIS AGREEMENT INCLUDES A RELEASE OF ALL KNOWN AND UNKNOWN CLAIMS. In giving this release, which includes claims which
may be unknown to me at present, I acknowledge that I have read and understand Section 1542 of the California Civil Code which reads as follows: “A general release does not extend to claims

 
which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the
debtor.” I hereby expressly waive and relinquish all rights and benefits under that section and any law of any jurisdiction of similar effect with respect to my release of any unknown or unsuspected claims I may have against the Company.

  

			
	 
	
[                        
        ]

		
	 Date:
	 	 

  

			
	
	ALEXZA PHARMACEUTICALS, INC.
		
	 By:
	 	
		 
	 Name:
	 	 
		
	 Title:

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