Common use of AUTOMATIC DEBIT AUTHORIZATION Clause in Contracts

AUTOMATIC DEBIT AUTHORIZATION. Member FDIC To: Square 1 Bank, as agent for the Lenders Re: Loan # You are hereby authorized and instructed to charge account No. in the name of KALA PHARMACEUTICALS, INC. for facility fees, principal, interest and other payments due on above-referenced loan as set forth below and credit the loan referenced above. x Debit the Facility Fee as it becomes due according to the terms of the Loan and Security Agreement and any renewals or amendments thereof. x Debit each interest payment as it becomes due according to the terms of the Loan and Security Agreement and any renewals or amendments thereof. x Debit each principal payment as it becomes due according to the terms of the Loan and Security Agreement and any renewals or amendments thereof. x Debit each payment for Lender Expenses as it becomes due according to the terms of the Loan and Security Agreement and any renewals or amendments thereof. This Authorization is to remain in full force and effect until revoked in writing. Borrower Signature Date

AUTOMATIC DEBIT AUTHORIZATION. Member FDIC To: Square 1 Bank, as agent for the Lenders Re: Loan # You are hereby authorized and instructed to charge account No. in the name of KALA PHARMACEUTICALS, INC. for facility fees, principal, interest and other payments due on above-referenced loan as set forth below and credit the loan referenced above. x ☒ Debit the Facility Fee as it becomes due according to the terms of the Loan and Security Agreement and any renewals or amendments thereof. x ☒ Debit each interest payment as it becomes due according to the terms of the Loan and Security Agreement and any renewals or amendments thereof. x ☒ Debit each principal payment as it becomes due according to the terms of the Loan and Security Agreement and any renewals or amendments thereof. x ☒ Debit each payment for Lender Expenses as it becomes due according to the terms of the Loan and Security Agreement and any renewals or amendments thereof. This Authorization is to remain in full force and effect until revoked in writing. Borrower Signature Date