0000912057-18-000075 Sample Contracts

LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • February 14th, 2018 • Inspire Medical Systems, Inc. • Surgical & medical instruments & apparatus

THIS LOAN AND SECURITY AGREEMENT (as the same may from time to time be amended, modified, supplemented or restated, this “Agreement”) dated as of August 7, 2015 (the “Effective Date”) among OXFORD FINANCE LLC, a Delaware limited liability company with an office located at 133 North Fairfax Street, Alexandria, Virginia 22314 (“Oxford”), as collateral agent (in such capacity, “Collateral Agent”), the Lenders listed on Schedule 1.1 hereof or otherwise a party hereto from time to time including Oxford in its capacity as a Lender (each a “Lender” and collectively, the “Lenders”), and INSPIRE MEDICAL SYSTEMS, INC., a Delaware corporation, with offices located at 9700 63rd Avenue North, Suite 200, Maple Grove, MN 55369 (“Borrower”), provides the terms on which the Lenders shall lend to Borrower and Borrower shall repay the Lenders. The parties agree as follows:

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INSPIRE MEDICAL SYSTEMS, INC. INCENTIVE STOCK OPTION AGREEMENT PURSUANT TO 2007 STOCK INCENTIVE PLAN
Incentive Stock Option Agreement • February 14th, 2018 • Inspire Medical Systems, Inc. • Surgical & medical instruments & apparatus • Delaware

THIS AGREEMENT is entered into and effective as of this xxx day of xxx, 201x (the “Date of Grant”), by and between Inspire Medical Systems, Inc. (the “Company”) and xxxx xxxxxxx (the “Optionee”).

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • February 14th, 2018 • Inspire Medical Systems, Inc. • Surgical & medical instruments & apparatus • Minnesota

This EMPLOYMENT AGREEMENT (“Agreement”) is made and entered into as of the 1st day of June, 2014, by and between Inspire Medical Systems, Inc. (“Inspire” or the “Company”), a Delaware corporation, and Richard J. Buchholz (“Executive”).

BRIDGE NOTE PURCHASE AGREEMENT
Bridge Note Purchase Agreement • February 14th, 2018 • Inspire Medical Systems, Inc. • Surgical & medical instruments & apparatus • Delaware

This Bridge Note Purchase Agreement (this “Agreement”) is made and entered into effective as of the 7th day of July, 2016 by and among Inspire Medical Systems, Inc., a Delaware corporation (the “Company”), and the Investors listed on Schedule 1 hereto (the “Investors”).

INSPIRE MEDICAL SYSTEMS, INC. FIFTH AMENDED AND RESTATED INVESTOR RIGHTS AGREEMENT October 25, 2016
Investor Rights Agreement • February 14th, 2018 • Inspire Medical Systems, Inc. • Surgical & medical instruments & apparatus • Delaware

This Fifth Amended and Restated Investor Rights Agreement (the “Agreement”) is made as of October 25, 2016, among Inspire Medical Systems, Inc., a Delaware corporation (the “Company”) and the stockholders listed on Exhibit A hereto (individually an “Investor” and collectively, the “Investors”).

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • February 14th, 2018 • Inspire Medical Systems, Inc. • Surgical & medical instruments & apparatus • Minnesota

This EMPLOYMENT AGREEMENT (“Agreement”) is made and entered into as of the 20th day of July, 2009, by and between Inspire Medical Systems, Inc. (“Inspire” or the “Company”), a Delaware corporation, and Randy A. Ban (“Executive”).

FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • February 14th, 2018 • Inspire Medical Systems, Inc. • Surgical & medical instruments & apparatus

This FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENT (this “Amendment”) is entered into as of February 24, 2017, by and among OXFORD FINANCE LLC, a Delaware limited liability company with an office located at 133 North Fairfax Street, Alexandria, Virginia 22314 (“Oxford”), as collateral agent (in such capacity, “Collateral Agent”), the Lenders listed on Schedule 1.1 of the Loan Agreement (as defined below) or otherwise a party thereto from time to time including Oxford in its capacity as a Lender (each a “Lender” and collectively, the “Lenders”), and INSPIRE MEDICAL SYSTEMS, INC., a Delaware corporation, with offices located at 9700 63rd Avenue North, Suite 200, Maple Grove, MN 55369 (“Borrower”).

INSPIRE MEDICAL SYSTEMS, INC. NON-STATUTORY STOCK OPTION AGREEMENT PURSUANT TO 2017 STOCK INCENTIVE PLAN
Non-Statutory Stock Option Agreement • February 14th, 2018 • Inspire Medical Systems, Inc. • Surgical & medical instruments & apparatus • Delaware

THIS AGREEMENT is entered into and effective as of this day of , 2017 (the “Date of Grant”), by and between Inspire Medical Systems, Inc. (the “Company”) and (the “Optionee”).

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • February 14th, 2018 • Inspire Medical Systems, Inc. • Surgical & medical instruments & apparatus • Delaware

This EXECUTIVE EMPLOYMENT AGREEMENT (“Agreement”) is made and entered into as of the 16th day of November, 2007, by and between Inspire Medical Systems, Inc. (“Inspire” or the “Company”), a Delaware corporation, and Timothy P. Herbert (“Executive”). This Agreement recognizes the employment of Executive with Inspire Medical Systems, LLC and establishes the hire date as July 6, 2007.

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