0001564590-22-007814 Sample Contracts

EXECUTIVE AGREEMENT
Executive Agreement • March 1st, 2022 • Aspen Aerogels Inc • Wholesale-lumber & other construction materials • Massachusetts

This Executive Agreement (this “Agreement”) is dated as of January 4, 2022 and will be effective as of January 1, 2022 (the “Effective Date”), by and between Aspen Aerogels, Inc., a Delaware corporation (the “Company”), and Donald R. Young (the “Executive”).

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to SECOND AMENDED AND RESTATED Loan and security agreement
Loan and Security Agreement • March 1st, 2022 • Aspen Aerogels Inc • Wholesale-lumber & other construction materials

This Second Amendment to Second Amended and Restated Loan and Security Agreement (this “Amendment”) is entered into this 27th day of December, 2021 by and between SILICON VALLEY BANK (“Bank”) and ASPEN AEROGELS, INC., a Delaware corporation (“Borrower”) whose address is 30 Forbes Road, Building B, Northborough, Massachusetts 01532.

FIRST AMENDMENT TO THE AMENDED AND RESTATED SUPPLY AGREEMENT, AND TERMINATION OF THE SIDE AGREEMENT
Supply Agreement • March 1st, 2022 • Aspen Aerogels Inc • Wholesale-lumber & other construction materials

This First Amendment to the Amended and Restated Supply Agreement and termination of the Side Agreement (this “1st Amendment”) is effective December 15, 2021 (the “Effective Date”) and is entered into by and between Aspen Aerogels, Inc, a Delaware corporation with a principal place of business at 30 Forbes Road, Bldg. B, Northborough, MA 01532 ("ASPEN"), BASF Polyurethanes GmbH, with a pricinpal place of business at Elastogranstraße 60, 49448 Lemförde, Germany ("BASF PU"), BASF SE, Carl-Bosch-Straße 38, 37056 Ludwigshafen, German (individually “BASF SE” and collectively BASF PU and BASF SE are referred to as "BASF", and together with ASPEN, the "Parties", and each a "Party").

First Amendment TO LEASE
Lease • March 1st, 2022 • Aspen Aerogels Inc • Wholesale-lumber & other construction materials

This First Amendment to Lease (this “Amendment”) is executed as of December 22, 2021 (the "Effective Date"), between G&I IX Forbes Whitney LLC, a Delaware limited liability company (“Landlord”), and Aspen Aerogels, Inc., a Delaware corporation (“Tenant”). Capitalized terms used herein but not defined shall be given the meanings assigned to them in the Lease.

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