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February 3, 2016 Dr. Konstantinos Alataris Re: Amended and Restated Employment Agreement Dear Konstantinos:
Employment Agreement • February 4th, 2016 • Zosano Pharma Corp • Pharmaceutical preparations • California

This letter agreement (this “Agreement”) amends and restates your employment letter agreement with ZP Opco, Inc., a Delaware corporation (the “Company”), and Zosano Pharma Corporation, a Delaware corporation and owner of 100% of the outstanding shares of the Company’s capital stock (“Parent”), dated September 7, 2015 (the “Original Agreement”).

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