Document:

Form of Restricted Stock Award Agreement

 Exhibit 10.17 
 BATS GLOBAL MARKETS, INC. 
 LONG TERM INCENTIVE PLAN 

FORM OF RESTRICTED STOCK AWARD 
 [INSERT DATE] 
 Subject to the terms and conditions set forth in this grant letter (“Grant
Letter”) and the agreement attached as Exhibit A (the Grant Letter and the agreement attached as Exhibit A together constituting the “Agreement”), BATS Global Markets, Inc., a Delaware corporation (the
“Company”), has granted you as of the Grant Date set forth below an award of Restricted Stock (the “Award”). The Award is granted under and is subject to the BATS Global Markets, Inc. Long Term Incentive Plan (the
“Plan”). Unless defined in this Agreement, capitalized terms shall have the meanings assigned to them in the Plan. In the event of a conflict among the provisions of the Plan, this Agreement and any descriptive materials provided to
you, the provisions of the Plan shall control. 
 AWARD TERMS 
 PARTICIPANT: 
 GRANT DATE: 
 SHARES SUBJECT TO AWARD: 
 VESTING TERMS: 
 Please review the Agreement and let us know if you have any questions about the Agreement, the Award or the Plan. You are advised to consult with your own tax advisors in respect of any tax consequences
arising in connection with this Award. 
 If you have questions please contact Thad Prososki, Director of Human Resources, via telephone at
913.815.7183, or via email at tprososki@batstrading.com. If not, please sign and date the Agreement where indicated below. 
 IN WITNESS
WHEREOF, the parties have executed this Agreement as of the day and year first written above. 
  

					
	BATS GLOBAL MARKETS, INC.
		
	By:	 	  

		 	Name: [                     ]
		 	Title:   [                     ]
		
		 	  

		 	                        
[Participant]

 EXHIBIT A 

BATS GLOBAL MARKETS, INC. 
 RESTRICTED STOCK AGREEMENT 
 THIS AGREEMENT, made and entered into on the
date of the Grant Letter, by and between BATS Global Markets, Inc. (the “Company”), a Delaware corporation, and the individual listed in the Grant Letter as the Participant. 

WHEREAS, the Participant has been granted the Award under the Plan; 

NOW, THEREFORE, in consideration of the premises and mutual covenants contained herein, and for other good and valuable consideration,
the parties hereto agree as follows. 
 1. Award of Shares. Pursuant to the provisions of the Plan, the terms of
which are incorporated herein by reference, the Participant is hereby awarded the number of Shares of Restricted Stock set forth in the Grant Letter, subject to the terms and conditions of the Plan and those herein set forth. The Award is granted as
of the date set forth in the Grant Letter. Capitalized terms used herein and not defined shall have the meanings set forth in the Plan. In the event of any conflict between this Agreement and the Plan, the Plan shall control. 

2. Terms and Conditions. It is understood and agreed that the Award evidenced hereby is subject to the following terms and
conditions: 
 (a) Vesting of Award. The Award shall vest as set forth in the Grant Letter. All dividends and other
amounts receivable in connection with any adjustments to the Shares under Section 5(c) of the Plan shall be subject to the vesting schedule herein and shall be paid to the Participant upon any vesting of the Award hereunder in respect of which
such dividends or other amounts are payable. 
 (b) Termination of Service; Forfeiture of Unvested Shares. In the event of
Termination of Service of the Participant prior to the date the Award otherwise becomes vested, the unvested portion of the Award shall immediately be forfeited by the Participant and become the property of the Company. Notwithstanding the
foregoing, in the event of the Participant’s Termination of Service other than by the Company for Cause, the Committee may, in its sole discretion, accelerate the vesting of the Award or waive any term or condition of this Agreement, subject to
such terms and conditions as the Committee deems appropriate, with respect to all or a portion of the Award. 
 (c) Change in
Control. Notwithstanding any provision of this Agreement to the contrary, if, within twelve (12) months following a Change in Control, the Award (or a substitute award) remains outstanding and the Participant incurs a Termination of Service
without Cause or for Good Reason, the Award shall become immediately vested in full and all restrictions shall lapse upon such Termination of Service. “Change in Control” shall have the meaning set forth in the Plan. 

 (d) Evidence of Award. The Company shall record the Award on its books and records,
in a manner generally consistent with its procedures for recording stock ownership, which may include book-entry registration or issuance of a stock certificate or certificates. In the event any stock certificate is issued in respect of the Award,
such certificate shall be registered in the name of the Participant and shall bear an appropriate legend referring to the terms, conditions and restrictions applicable to such Award. 

(e) Rights of a Shareholder. Prior to the time the Award is fully vested hereunder, the Participant shall have no right to
sell, transfer, pledge, assign, hypothecate or otherwise encumber the Award, other than by will or by the laws of descent and distribution. During such period, the Participant shall have all other rights of a stockholder, including, but not limited
to, the right to vote and to receive dividends (subject to Section 2(a) hereof) paid on the Shares. 
 (f) No Right to
Continued Employment. This Award shall not confer upon the Participant any right with respect to continuance of employment by the Company or any Affiliate nor shall this Award interfere with the right of the Company or any Affiliate to terminate
the Participant’s employment at any time. 
 (g) No Right to Future Awards. The Participant acknowledges that the
Award is a one-time extraordinary award and does not constitute a promise of future grants. The Company, in its sole discretion, maintains the right to make, or not to make, additional grants of Shares under the Plan. 

3. Transfer of Shares. Any vested Shares delivered hereunder, or any interest therein, may be sold, assigned, pledged,
hypothecated, encumbered, or transferred or disposed of in any other manner, in whole or in part, only in compliance with the terms, conditions and restrictions as set forth in the governing instruments of the Company, the provisions of this
Agreement, applicable federal and state securities laws or any other applicable laws or regulations and the terms and conditions hereof. 
 4. Withholding. No later than the date of vesting of (or the date of an election by the Participant under Section 83(b) of the Code with respect to) the Award granted hereunder, the
Participant shall pay to the Company or make arrangements satisfactory to the Committee regarding payment of any federal, state or local taxes of any kind required by law to be withheld at such time with respect to such Award. The Company shall be
authorized to withhold from the Award from any compensation or other amount owing to a Participant (subject to applicable law) the amount (in cash, Shares, other property or any combination thereof) of applicable withholding taxes due in respect of
the Award and to take such other action (including providing for elective payment of such amounts in cash or Shares by the Participant) as may be necessary in the opinion of the Company to satisfy all obligations for the payment of such taxes.

 5. Not Salary, Pensionable Earnings or Base Pay. The Participant acknowledges that the Award shall not be included in
or deemed to be a part of (a) salary, normal salary or other ordinary compensation, (b) any definition of pensionable or other earnings (however defined) for the purpose of calculating any benefits payable to or on behalf of the
Participant under any pension, retirement, termination or dismissal indemnity, severance benefit, retirement 

  
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indemnity or other benefit arrangement of the Company or any Affiliate or (c) any calculation of base pay or regular pay for any purpose. 

6. Forfeiture Upon Breach of Certain Other Agreements. The Participant’s breach of any noncompete, nondisclosure,
nonsolicitation, assignment of inventions, or other intellectual property agreement that the Participant may be a party to with the Company or any Affiliate, in addition to whatever other equitable relief or monetary damages that the Company or any
Affiliate may be entitled to, shall result in automatic rescission, forfeiture, cancellation, and return of any Shares (whether or not otherwise vested) held by the Participant. 

7. References. References herein to rights and obligations of the Participant shall apply, where appropriate, to the
Participant’s legal representative or estate without regard to whether specific reference to such legal representative or estate is contained in a particular provision of this Agreement. 

8. Notices. Any notice required or permitted to be given under this Agreement shall be in writing and shall be deemed to have
been given when delivered personally or by courier, or sent by certified or registered mail, postage prepaid, return receipt requested, duly addressed to the party concerned at the address indicated below or to such changed address as such party may
subsequently by similar process give notice of: 
 If to the Company: 

BATS Global Markets, Inc. 
 8050 Marshall Drive, Suite 120 
 Lenexa, KS 66214 

Attention: General Counsel 
 Facsimile: (913) 815-7119 
 If to the Participant: 

At the Participant’s most recent address shown on the Company’s corporate records, or at any other address which the Participant
may specify in a notice delivered to the Company in the manner set forth herein. 
 9. Amendment; Waiver. No amendment or
modification of any provision of this Agreement shall be effective unless signed in writing by or on behalf of the Company and the Participant, except that the Company may amend or modify this Agreement without the Participant’s consent in
accordance with the provisions of the Plan. No waiver of any breach or condition of this Agreement shall be deemed to be a waiver of any other or subsequent breach or condition whether of like or different nature. Any amendment or modification of or
to any provision of this Agreement, or any waiver of any provision of this Agreement, shall be effective only in the specific instance and for the specific purpose for which made or given. 

10. Entire Agreement. This Agreement and the Plan constitute the entire agreement and understanding between the parties in respect
of the Award and supersede all prior 

  
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and contemporaneous arrangements, agreements and understandings, both oral and written, between the parties with respect to the subject matter hereof. 

11. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of Delaware, without giving
effect to principles of conflict of laws. 
 12. Counterparts. This Agreement may be executed in two counterparts,
each of which shall constitute one and the same instrument. 

  
 A-4Form of BATS Global Markets, Inc. Cash Incentive Plan

 Exhibit 10.18 
 FORM OF BATS GLOBAL MARKETS, INC. 
 CASH INCENTIVE PLAN 

SECTION 1. Purpose. The purpose of the BATS Global Markets, Inc. Cash Incentive Plan (the “Plan”) is
to advance the interests of BATS Global Markets, Inc., a Delaware corporation (the “Company”), and its stockholders by recognizing contributions and rewarding performance of key employees of the Company and its Affiliates. The Plan
was adopted by the Company’s Board of Directors on [                    ], 2012. 

SECTION 2. Definitions. As used in the Plan, the following terms shall have the meanings set forth below: 

(a) “Affiliate” means (i) any entity that, directly or indirectly, is controlled by the Company and (ii) any
entity in which the Company, directly or indirectly, has a an equity ownership interest of at least 20% but less than 50%; in each case as determined by the Committee. 
 (b) “Award” means a cash-based incentive compensation award opportunity granted under the Plan. 
 (c) “Board” means the Board of Directors of the Company. 
 (d)
“Bonus Period” means any period or periods designated by the Committee for determining Awards under the Plan. 

(e) “Committee” means the Compensation Committee of the Board or such other committee as may be designated by the Board.
If the Board shall so elect, all references herein to the “Committee” shall refer to the Board. 
 (f)
“Code” means the Internal Revenue Code of 1986, as amended from time to time, and the rules, regulations and guidance thereunder. Any reference to a provision in the Code shall include any successor provision thereto. 

(g) “Employee” means a full-time employee or a part-time employee who works an average of at least 20 hours per week
during any Bonus Period. 
 (h) “Participant” means an Employee of the Company or its Affiliates designated by
the Committee as a participant in the Plan for any Bonus Period. 

 SECTION 3. Plan Administration. The Committee shall have full
discretion, power and authority to administer and interpret the Plan and to establish rules and procedures for its administration as the Committee deems necessary and appropriate. The Committee may delegate to one or more officers or employees of
the Company the authority to administer the plan and grant Awards, including without limitation, the authority to determine the terms, conditions and amount of any Award. Any interpretation of the Plan or other act or decision on any matter
pertaining to the Plan that is made by the Committee (or its delegate) in its discretion in good faith shall be final and binding on all parties.
 SECTION 4. Eligibility. Awards may be granted to Participants selected by the Committee in its sole discretion. An individual must work at least half of the working days during a Bonus
Period to be eligible for payments with respect to an Award. Working days taken off in accordance with the Company’s PTO and sick leave policies shall not be counted against an individual in determining eligibility. Any newly hired Employee and
any Employee on an approved leave of absence shall remain eligible, but his or her Award payment (if any) may be adjusted as provided in Section 6. 
 SECTION 5. Terms of Awards. Awards granted under the Plan (or any program implemented thereunder) for each Bonus Period shall be communicated to Participants in such form as
the Committee shall from time to time approve and the terms and conditions of such Awards shall be set forth therein. Awards may be discretionary or earned based on factors, criteria, or objectives determined by the Committee which may include the
performance of the Company, its Affiliates or divisions, the personal goals of the individual, or any other criteria established by the Committee. The Committee may at its discretion increase or decrease the amount of an Award. 

SECTION 6. Time and Form of Payment. All payments in respect of Awards granted under this Plan shall be made in
cash no later than 60 days following the end of the applicable Bonus Period. Unless otherwise provided by the Committee, a Participant must be actively employed by or providing substantial services to the Company or its Affiliates at the time Awards
are paid in respect of a Bonus Period in order to be eligible to receive payment in respect of such Award. Awards payable to Participants hired during the relevant Bonus Period or to Participants on approved leave of absence for a portion of any
Bonus Period may have their Award for that Bonus Period proportionately reduced based on their total number of days worked. 

SECTION 7. Plan Amendment and Termination. Except as explicitly prohibited by law, this Plan is provided at the
Company’s sole discretion and the Board or the Committee may modify or terminate it at any time, prospectively or retroactively, without notice or obligation for any reason, subject to obtaining any

  
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necessary stockholder approval as required by law, regulation or listing exchange requirement. In addition, there is no obligation to extend the Plan or to establish a replacement plan in
subsequent years. 
 SECTION 8. Miscellaneous Provisions. 

(a) No Rights to Awards. No employee, Participant or other person shall have any claim to be granted any Award under
the Plan, and there is no obligation for uniformity of treatment of Participants or beneficiaries of Awards under the Plan. The terms and conditions of Awards need not be the same with respect to each Participant. Any Award granted under
the Plan shall be a one-time Award which does not constitute a promise of future grants. The Company, in its sole discretion, maintains the right to make available future grants hereunder. 

(b) Withholding. The Company shall be authorized to deduct and withhold from any Award granted or from any compensation or
other amount owing to a Participant under the Plan any amounts required to be deducted and withheld in respect of an Award under the provisions of any applicable federal, state and local statute, law, or regulation. 

(c) Section 409A of the Code. It is the intention of the Company that this Plan be exempt from, or if not so exempt,
comply with, the requirements of Section 409A of the Code and any guidance issued thereunder including, without limitation, the six month delay for payments of deferred compensation to “specified employees” upon separation from
service pursuant to Section 409A(a)(2)(B)(i) of the Code (if applicable), and the Plan shall be interpreted, operated and administered accordingly. If any provision of the Plan or any term or condition of any Award would otherwise frustrate or
conflict with this intent, the provision, term or condition will be interpreted and deemed amended so as to avoid this conflict. 
 (d) No Limit on Other Compensation Arrangements. Nothing contained in the Plan shall prevent the Company from adopting or continuing in effect other or additional compensation arrangements,
and such arrangements may be either generally applicable or applicable only in specific cases. 
 (e) No Assignment or
Transfer. None of the rights, benefits, obligations or duties under the Plan may be assigned or transferred by any Participant. Participation in the Plan does not give a Participant any ownership, security or other rights in any assets of the
Company or its Affiliates. 
 (f) No Right to Continued Employment. The grant of an Award shall not be construed as
giving a Participant the right to be retained in the employ of, or to continue to provide services to, the Company or any of its Affiliates for 

  
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any specific duration. Further, the Company or any Affiliate may at any time terminate a Participant’s employment, free from any liability or claim under the Plan. The receipt of any Award
under the Plan is not intended to confer any rights on the receiving Participant except as set forth in the terms of the Award. 

(g) Governing Law. The validity, construction and effect of the Plan and any rules and regulations relating to the Plan and
any Award shall be determined in accordance with the laws of the State of Delaware, without application of the conflict of laws principles thereof. 
 (h) Severability. If any provision of the Plan or any Award is or becomes or is deemed to be invalid, illegal, or unenforceable in any jurisdiction, or as to any person or Award, such
provision shall be construed or deemed amended to conform to applicable laws. 
 (i) Plan Funding. The Plan shall be
unfunded. Neither the Plan nor any Award shall be deemed to require the Company to deposit, invest or set aside amounts for the payment of any Awards under the Plan. To the extent that any person acquires a right to receive payments from the Company
pursuant to an Award, such right shall be no greater than the right of any unsecured general creditor of the Company. 

  
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