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CONFIDENTIAL December , 2012 Mr. Boris Nikolie RE: Letter of Understanding Regarding New Investment Entity Dear Boris: This letter sets forth certain general understandings by and between you
CONFIDENTIAL December , 2012 Mr. Boris Nikolie RE: Letter of Understanding Regarding New Investment Entity Dear Boris: This letter sets forth certain general understandings by and between you ("BN") and bgC3 LLC ("bgC3"). BN has previously entered into an Employmen
ward to working with you. Sincerely, bgC3 LLC By: Larry Cohen, Manager — Business Operations AGREED AND ACCEPTED TO THIS day of December, 2012 Boris Nikolic - 4 - EFTA_R1_00464119 EFTA01977562
ND ACCEPTED TO THIS day of December, 2012 Boris Nikolic - 4 - EFTA_R1_00464119 EFTA01977562
nology sector (collectively, "Opportunities"), at a target rate of (but not limited to) three Opportunities per calendar year; • Ensuring that all Opportunities presented to the Company involve investments in bona fide third parties having no affiliation or conflict of interest with bgC3, the Owner, or any
derstanding Regarding New Investment Entity Dear Larry: This letter sets forth certain general understandings by and between bgC3 LLC ("bgC3") and Boris Nikolic ("BN"). BN has previously entered into an Employment Agreement with bgC3. This letter does is not intended to alter the terms of that Employment Agr
dings by and between bgC3 LLC ("bgC3") and Boris Nikolic ("BN"). BN has previously entered into an Employm
erstandings by and between bgC3 LLC ("bgC3") and Boris Nikolic ("BN"). BN has previously entered into an
and ultimately ec-controlled by William H. Gates III (the "Owner"), the sole purpose of which will be to evaluate, make, and manage investments in Opportunities (as hereinafter defined) in third-party entities as deemed appropriate by Owner in his sole discretion. • BN will be a director and executive of
ward to working with you. Sincerely, bgC3 LLC By: Larry Cohen, Manager — Business Operations AGREED AND ACCEPTED TO THIS day of December, 2012 Boris Nikolic - 4 - EFTA00585574
CONFIDENTIAL December , 2012 Mr. Boris Nikolic RE: Letter of Understanding Regarding New Investment Entity Dear Boris: This letter sets forth certain general understandings by and between you ("BN") and bgC3 LLC ("bgC3"). BN has previously entered into an Employmen
CONFIDENTIAL December , 2012 Mr. Boris Nikolic RE: Letter of Understanding Regarding New Inves
nology sector (collectively, "Opportunities"), at a target rate of (but not limited to) three Opportunities per calendar year; • Ensuring that all Opportunities presented to the Company involve investments in bona fide third parties having no affiliation or conflict of interest with bgC3, the Owner, or any
ward to working with you. Sincerely, bgC3 LLC By: Larry Cohen, Manager — Business Operations AGREED AND ACCEPTED TO THIS day of December, 2012 Boris Nikolic - 4 - EFTA00585570
CONFIDENTIAL December , 2012 Mr. Boris Nikolic RE: Letter of Understanding Regarding New Investment Entity Dear Boris: This letter sets forth certain general understandings by and between you ("BN") and bgC3 LLC ("bgC3"). BN has previously entered into an Employmen
CONFIDENTIAL December , 2012 Mr. Boris Nikolic RE: Letter of Understanding Regarding New Inves
nology sector (collectively, "Opportunities"), at a target rate of (but not limited to) three Opportunities per calendar year; • Ensuring that all Opportunities presented to the Company involve investments in bona fide third parties having no affiliation or conflict of interest with bgC3, the Owner, or any
Entities connected to both Boris Nikolic and Opportunities

Jeffrey Epstein
PERSON
Marc Rich
PERSON
Robert Gates
PERSON
Bill Gates
PERSON
Michael Cohen
PERSON
Melinda Gates
PERSON
Larry Cohen
PERSON
Bloomberg L.P.
ORGANIZATION
United States
LOCATIONLynch
PERSON
Bill & Melinda Gates Foundation
ORGANIZATIONthe State of Washington
LOCATIONLexington
LOCATIONGates Ventures
ORGANIZATIONCascade Investment
ORGANIZATIONBusiness Operations
ORGANIZATIONEmployment Agreement
ORGANIZATIONIntellectual Ventures LLC
ORGANIZATIONTyler Shears
PERSON