Pulmonx(LUNG) - 2025 Q3 - Quarterly Results

Agreement Terms - The initial term of the agreement is from October 28, 2025, until December 1, 2025, unless terminated earlier [12]. - Either party may terminate the agreement for cause with a 15-day written notice [13]. - The agreement will be governed by the laws of the United States and the State of California [21]. - The agreement between Pulmonx Corporation and the consultant constitutes the entire agreement regarding the subject matter and supersedes all prior agreements [26]. - The agreement may only be amended by mutual written consent of authorized representatives from both parties [26]. - The agreement can be executed in multiple counterparts, which together constitute one instrument [26]. - Counterparts may be delivered via electronic means and will be considered valid and effective [26]. - The agreement was executed by Dana G. Mead, Jr., Chairman of Pulmonx Corporation [28]. - The effective date of the agreement is not specified in the provided content [28]. Consultant Responsibilities - Consultant will provide services related to ongoing financial and strategic matters for Pulmonx Corporation, with a maximum of 20 hours of work per month [3]. - Consultant is required to maintain confidentiality regarding Client's confidential information, including financial statements and business plans [9]. - Consultant agrees not to solicit any employees or contractors of the Client during the term of the agreement [16]. - Consultant must use reasonable security measures to protect any personal information in its possession [12]. - Consultant is prohibited from engaging with Olympus Corporation or its successors in the COPD business without prior written consent from the Client [17]. Compensation and Fees - Consultant will receive a fee of $30,000, payable within five days of December 1, 2025 [4]. - Consultant's equity under the 2020 Equity Incentive Plan will continue to vest during the term of the agreement [4]. - Client is responsible for all JAMS arbitration fees exceeding the administrative fees applicable in court [25]. Arbitration and Legal Provisions - The arbitrator has the authority to compel adequate discovery and award relief as permitted by law [25]. - The agreement allows for injunctive relief in court to prevent irreparable harm pending arbitration [25].