Common use of Company Equity Clause in Contracts

Company Equity. You were granted options (each, an “Option”) to purchase shares of Company’s common stock pursuant to the terms of the following three option agreements: ​ ● Option No. 537-NQO Stock Option Grant Notice and Stock Option Agreement, dated April 23, 2020 (the “537-NQO Award”); ● Option No. 537-ISO Stock Option Grant Notice and Stock Option Agreement, dated April 23, 2020 (the “537-ISO Award”); and ● Option No. 588 Stock Option Grant Notice and Stock Option Agreement, dated December 17, 2020 (the “588 Award”). ​ Each of the forgoing Options is subject to the terms of Company’s 2012 Employee, Director and Consultant Equity Incentive Plan (the “Plan”). Subject to Section 5 and assuming you remain employed through June 30, 2021, as of the Separation Date, you acknowledge and agree that the table below sets forth a complete and accurate list of Options as of the Separation Date: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Issuing Company ​ Grant Number ​ Grant Date # of Shares Granted # of Shares Exercised # of Shares Vested ​ Type of Option Butterfly Network, Inc. 537-ISO 4/23/2020 46,723 13,625 974 Time-Based Butterfly Network, Inc. 537-NQO 4/23/2020 472,426 137,792 4,395 Time-Based Butterfly Network, Inc. 588 12/17/2020 519,150 0 0 Time-Based ​ You acknowledge and agree that as of the Separation Date, there are 30,939 unvested options under the 537-ISO Award, 312,813 unvested options under 537-NSO Award and you are not vested in ​ ​ ​ ​ any of the shares under the 588 Award, and, subject to Section 5, all unvested options subject to these awards will be forfeited as of the Separation Date. ​

Company Equity. You were granted options (each, an “Option”) to purchase shares of Company’s common stock (each an “Option”) and restricted stock units (RSU’s) pursuant to the terms of the following three option agreements: ​ ● · Option No. 537589-NQO Stock Option Grant Notice and Stock Option Agreement, dated April 23, 2020 (the “537-NQO Award”); ● Option No. 537-ISO Stock Option Grant Notice and Stock Option Agreement, dated April 23, 2020 (the “537-ISO Award”); and ● Option No. 588 Stock Option Grant Notice and Stock Option Agreement, dated December 17, 2020 (the “588 NQO Award”); · Option No. 589-ISO Stock Option Grant Notice and Stock Option Agreement, dated December 17, 2020 (the “ISO Award”); and · Restricted Stock Unit Grant Notice and Restricted Stock Unit Award Agreement, dated as of December 17, 2020 (the “RSU Award”). ​ Each of the forgoing Options and RSU’s is subject to the terms of the applicable award agreement and the Company’s 2012 Employee, Director and Consultant Equity Incentive Plan (the “Plan”). Subject to Section 5 and assuming you remain employed through June April 30, 20212022, as of the Separation Date, you acknowledge and agree that the table below sets forth a complete and accurate list of Options as of the Separation Date: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Issuing Company ​ Grant Number ​ Grant Date # of Shares Granted # of Shares Exercised # of Shares Vested ​ Type of Option Butterfly Network, Inc. 537589-ISO 4/23/2020 46,723 13,625 974 12/17/20 25,957 11,897 Time-Based Butterfly Network, Inc. 537589-NQO 4/23/2020 472,426 137,792 4,395 12/17/20 363,405 166,560 Time-Based Butterfly Network, Inc. 588 12/17/2020 519,150 0 0 Time-RSU 12/17/20 129,788 40,558 Time Based ​ You acknowledge and agree that as of the Separation Date, there are 30,939 will be 14,060 unvested options under the 537-ISO Award, 312,813 196,845 unvested options under 537-NSO Award and you are not vested in ​ ​ ​ ​ any of the shares 89,230 unvested restricted stock units under the 588 RSU Award, and, subject to Section 5, all . All unvested options and restricted stock units subject to these awards will be forfeited as of the Separation Date. ​.