Exhibit 10.7
SoundThinking, Inc.
2017 Employee Stock Purchase Plan
Adopted by the Board of Directors: May 8, 2017
Approved by the Stockholders: May 8, 2017
1
144455100 v2
2
144455100 v2
3
144455100 v2
4
144455100 v2
5
144455100 v2
6
144455100 v2
The Company will seek to obtain from each federal, state, foreign or other regulatory commission or agency having jurisdiction over the Plan such authority as may be required to grant Purchase Rights and issue and sell shares of Common Stock thereunder. If, after commercially reasonable efforts, the Company is unable to obtain the authority that counsel for the Company deems necessary for the grant of Purchase Rights or the lawful issuance and sale of Common Stock under the Plan, and at a commercially reasonable cost, the Company will be relieved from any liability for failure to grant Purchase Rights and/or to issue and sell Common Stock upon exercise of such Purchase Rights.
7
144455100 v2
The Plan will become effective immediately prior to and contingent upon the IPO Date. No Purchase Rights will be exercised unless and until the Plan has been approved by the stockholders of the Company, which approval must be within 12 months before or after the date the Plan is adopted (or if required under Section 12(a) above, materially amended) by the Board.
8
144455100 v2
As used in the Plan, the following definitions will apply to the capitalized terms indicated below:
9
144455100 v2
10
144455100 v2
11
144455100 v2
12
144455100 v2