Document:

exv10w34

Exhibit 10.34

AMENDMENT NO. 3 TO

2005 STOCK INCENTIVE PLAN

OF

NxSTAGE MEDICAL, INC.

The 2005 Stock Incentive Plan (the “Plan”) of NxStage Medical, Inc. is hereby amended as
follows:

Section 4(a) is deleted in its entirety and the following is substituted in its place:

(a) Number of Shares. Subject to adjustment under Section 9 and to the additional limitations
and restrictions set forth in this Section 4(a), Awards may be made under the Plan for up to an
aggregate of 13,471,495 shares of common stock, $0.001 par value per share, of the Company (the
“Common Stock”). In addition to the aggregate plan limit, the following limitations and
restrictions apply:

(i) Of the 3,800,000 shares of Common Stock added to the Plan as of October 1, 2007, the
maximum number of shares with respect to which Restricted Stock, Restricted Stock Units and Other
Stock-Based Awards may be granted shall be 1,500,000. For the avoidance of doubt, this 1,500,000
share limit does not apply to Restricted Stock, Restricted Stock Unit and Other Stock-Based Awards
made from the 8,100,000 shares, in the aggregate, that were added to the Plan as of May 29, 2009
and the Stockholder Approval Date.

(ii) Of the 4,100,000 shares of Common Stock added to the Plan as of May 29, 2009, (A) each
share of Common Stock issued or to be issued in connection with any Award other than a Stock Option
or SAR shall be counted against such limit as 1.23 shares of Common Stock; and (B) each share of
Common Stock to be issued in connection with any Stock Option or SAR shall be counted against such
limit as one share of Common Stock.

(iii) Of the 4,000,000 shares of Common Stock added to the Plan as of the Stockholder
Approval Date (collectively, with the 4,100,000 shares of Common Stock described above, the
“Fungible Pools”), (A) each share of Common Stock issued or to be issued in connection with any
Award other than a Stock Option or SAR shall be counted against such limit as 1.62 shares of Common
Stock; and (B) each share of Common Stock to be issued in connection with any Stock Option or SAR
shall be counted against such limit as one share of Common Stock.

For purposes of counting the number of shares available for the grant of Awards under the
Plan and under the sublimits contained in Section 4(a) and 4(b), (i) with respect to SARs, the
number of shares of Common Stock subject to an award of SARs will be counted against the aggregate
number of shares of Common Stock available for issuance under the Plan regardless of the number of
shares of Common Stock actually issued to settle the SAR upon exercise; provided, however, that
SARs that may be settled in cash only shall not be so counted; (ii) if any Award (A) expires or is
terminated, surrendered or canceled without having been fully exercised or is forfeited in whole or
in part (including as the result of shares of Common Stock subject to such Award being repurchased
by the Company at the original issuance price pursuant to a contractual repurchase right) or (B)
results in any Common Stock not being issued (including as a result of an independent SAR that was
settleable either in cash or in stock actually being settled in cash), the unused Common Stock
covered by such Award shall again be available for the grant of Awards as one share for each share
of Common Stock subject to a Stock Option or SAR and as 1.62 shares of Common Stock subject to an
Award other than a Stock Option or SAR; provided, however, in the case of Incentive Stock Options
(as hereinafter defined), the foregoing shall be subject to any limitations under the Code; (iii)
shares of Common Stock tendered to the Company by a Participant to (A) purchase shares of Common
Stock upon the exercise of a Stock Option or SAR or (B) satisfy tax withholding obligations related
to the exercise of a Stock Option or SAR (including shares retained from the Award creating the tax
obligation) shall not be added back to the number of shares available for the future grant of
Awards; (iv) shares of Common Stock tendered to the Company by a Participant to satisfy tax
withholding obligations for an Award other than a Stock Option or SAR (including shares retained
from the Award creating the tax obligation) shall be added back to the number of shares
available for the future grant of Awards; and (v) shares of Common Stock repurchased by the
Company on the open market using the proceeds from the exercise of an Award shall not increase the
number of shares available for future grant of Awards.

Section 6(e) is deleted in its entirety and the following is substituted in its place:

(e) Limitation on Repricing. Unless such action is approved by the Company’s stockholders:
(1) no outstanding SAR granted under the Plan may be amended to provide a exercise price per share
that is lower than the then-current exercise price per share of such outstanding SAR (other than
adjustments pursuant to Section 9) and (2) the Board may not cancel or repurchase for cash any
outstanding SAR (whether or not granted under the Plan) and grant in substitution therefor new
Awards under the Plan covering the same or a different number of shares of Common Stock and having
a exercise price per share lower than the then-current exercise price per share of the cancelled
SAR.

A new Section 6(f) is added as follows:

(f) Duration of SARs. Each SAR shall be exercisable at such times and subject to such terms
and conditions as the Board may specify in the applicable SAR agreement; provided, however, that no
SAR will be granted with a term in excess of 10 years.

Section 10(f) is deleted in its entirety and the following is substituted in its place:

(f) Amendment of Award. Subject to compliance with the terms of Section 5(h) and Section
6(e), the Board may amend, modify or terminate any outstanding Award, including but not limited to,
substituting therefor another Award of the same or a different type, changing the date of exercise
or realization, and converting an Incentive Stock Option to a Nonstatutory Stock Option, provided
that the Participant’s consent to such action shall be required unless the Board determines that
the action, taking into account any related action, would not materially and adversely affect the
Participant.

 

 

Section 11(g) is amended by adding the following new sentence at the end:

Amendment No. 3 adopted by the Board of Directors on April 21, 2011 and by the stockholders on May
26, 2011 (the “Stockholder Approval Date”).

Except as set forth above, the remainder of the Plan remains in full force and effect.

Adopted by the Board of Directors on April 21, 2011.

Adopted by the Stockholders on May 26, 2011.exv10w1

Exhibit 10.1

THIRD AMENDMENT TO OFFICE LEASE

     This THIRD AMENDMENT TO OFFICE LEASE (this “Third Amendment”) is executed as of this
29 day of July 2011 (the “Effective
Date”) by and between HOUSTON COMMUNITY COLLEGE
SYSTEM, a public junior college established pursuant to Chapter 130 of the Texas Education Code
and a political subdivision of the State of Texas
(“Landlord”) and PROS REVENUE
MANAGEMENT, L.P., a Texas limited partnership, formerly PROS Revenue Management, Inc.
(“Tenant”).

Introduction

     A. Landlord and Tenant entered into that certain Office Lease dated as of January 31, 2001
(the “Original Lease”) covering 73,200 square feet of RSF (as defined in the Original
Lease) on floors 9 and 10 of the Building (as defined in the Original Lease) commonly known as the
ComTech Center, Houston, Harris County, Texas, and being described in the Original Lease as the
“Premises” after including therein the Subsequent Premises (as defined in the Original
Lease).

     B. Landlord and Tenant entered in that certain First Amendment to Office Lease dated as of
March 31, 2006 (“First Amendment”).

     C. Landlord and Tenant entered in that certain Second Amendment to Office Lease dated as of
March 1, 2007 (“Second Amendment”) (The Original Lease as amended by the First Amendment
and the Second Amendment shall be referred to in this Third Amendment as the “Amended
Lease’).

     D. Landlord and Tenant desire to further amend the Amended Lease subject to the specific terms
and conditions of this Third Amendment, but not otherwise.

     NOW THEREFORE, in consideration of the of the mutual covenants and agreements contained herein
and for Ten and No/100 Dollars ($10.00) and other good and valuable consideration to each party,
the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant, intending to be
legally bound, hereby agree as follows:

     1. Capitalized Terms. Capitalized terms that are used herein but not defined in this
Third Amendment shall have the meanings given to them in the Amended Lease. The term
“Lease” as used in this Third Amendment shall mean the Amended Lease as amended by this
Third Amendment.

     2. Premises. Landlord and Tenant acknowledge and agree that the Premises, after the
Lease Expansion (defined below), will be comprised of part of “Floor 7”, all of “Floor 9” and all
of “Floor 10” of that certain Condominium Declaration for the 3100 Main Condominium recorded under
Clerk’s File No. W441927 of the Official Public Records of Real Property of Harris County, Texas on
February 20, 2003 (the “Condominium Declaration”) and that the Premises consists of 73,200
RSF which shall increase to 83,700 RSF on the first day of the fourth (4th) full calendar month
after such portion of the Premises is delivered to Tenant for Tenant’s Build-out (but no earlier
than January 1, 2012), by virtue of Tenant’s leasing approximately 10,500 RSF on Floor 7 as
reflected on attached Exhibit “A-2”. Effective the first day of the fourth (4th) full calendar
month after such portion of the Premises is delivered to Tenant for Tenant’s Build-out (but no
earlier than January 1, 2013), Landlord will lease to Tenant an additional approximate 14,100 RSF
of Floor 7, as reflected on attached Exhibit

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“A-3”, thereby increasing the Premises to 97,800 RSF (such increases of the area of the
Premises on Floor 7 are herein referred to as the “Lease Expansion”). Tenant will have the
option to terminate the Lease Expansion not later than February 1, 2013 by giving Landlord not less
than 60 days prior written notice thereof. If Tenant exercises such termination option, then the
area on Floor 7 described in this Section 2 shall be deleted from the Premises, Tenant shall vacate
the same (if previously occupied), Tenant’s Pro Rata share shall be appropriately adjusted to
reflect the decrease in area of the Premises, and the Lease will otherwise continue in full force
and effect.

     3. Base Rent. Paragraph 1.D of the Amended Lease is hereby amended to provide
from and after August 1, 2011, that Base Rent shall be $15.50 per RSF and otherwise Base Rent will
remain unchanged.

     4. Rental Abatement.

          (a) Paragraph 1.D(2) of the Amended Lease under the heading of “RENTAL ABATEMENT” is
hereby amended and restated in its entirety to read as follows:

               (2) Commencing on August 1, 2011, Tenant will be entitled to receive a credit as prepaid Base
Rent equal to two (2) months of Base Rent and Real Estate Premise Taxes based on the 73,200 RSF of
the Premises located on the 9th and 10th Floor as depicted on Exhibit “A-1” to this Third Amendment
(the “9th and 10th Floor Credit Space”) at the $15.50 RSF annual Base Rent rate. After
September 30, 2011, Tenant shall no longer be entitled to an abatement of Base Rent, as to such
space.

     5. Tenant’s Pro Rata Share.

          (a) Paragraph 1.E of the Amended Lease is hereby amended and restated in its entirety
to read as follows:

          E. “Tenant’s Pro Rata Share” is equal to the RSF of the Premises divided by the RSF of
the Building and currently equals 13.7853% and shall increase to 15.7627% on the date this first
part of the Lease Expansion occurs. Effective on the date the second part of the Lease Expansion
occurs, Tenant’s Pro Rata Share shall increase to 18.4181%. Each such percentage is subject to
adjustment, depending on the actual amounts of RSF added to the Premises on such date.

     6. Base Year.

          (a) Paragraph 1.F of the Amended Lease is hereby amended and restated in its entirety
to read as follows:

          Commencing on August 1, 2011, and for the remainder of the Term, the “Base Year” for
Operating Expenses shall be 2011. Beginning 2012, Tenant shall be responsible for its Pro Rata
Share of increases in Operating Expenses over the calendar Base Year 2011.

     7. Term.

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          (a) Paragraph 1.G of the Amended Lease is hereby amended and restated in its entirety
to read as follows:

          G. “Term” The term (“Term”) of this Lease for the Premises shall commence on
the Commencement Date and expire on September 30, 2016, unless extended or earlier terminated as
permitted pursuant to the express terms thereof.

     8. Early Termination.

          (a) The following is hereby added to the Amended Lease as Paragraph 3.A.1:

          Tenant shall have the right to terminate the Amended Lease at any time after July 31, 2013 by
providing Landlord with not less than six (6) months prior written notice of electing termination.
In the event Tenant exercises Tenant’s early termination right, Tenant shall be subject to an
“Early Termination Fee” in an amount equal to the unamortized amount of leasing commissions
paid by Landlord to both Tenant’s Broker and Landlord’s Broker with respect to the execution of
this Third Amendment and the unamortized portion of the Refurbishment Allowance actually advanced,
in addition to the Pro Rata share of the rental abatement. The Early Termination Fee shall be due
on the effective date of the early termination. The interest rate for the amortization shall be
eight percent (8%) per annum. In the event the Lobby Upgrade (defined below) is not completed by
July 31, 2012, or the Parking Measures (defined below) have not been implemented by July 31, 2012,
then Tenant’s Early Termination Fee, if exercised, shall be reduced by twenty-five percent (25%)
unless a delay or default in meeting the July 31, 2012 deadline results from unforeseeable causes
beyond the control and without the fault or negligence of the Landlord and the Landlord notifies
Tenant in writing within 10 days from the beginning of the delay of the causes of the delay in
curing the default. The unforeseeable causes may include but are not limited to delay in receiving
supplies or services, acts of God, fires, floods, epidemics, and strikes.

     9. Notice
Addresses. Paragraph 1.L of the Amended Lease is hereby amended and
restated in its entirety to read as follows:

          “L. “Notice Address”:

          Notices to Tenant shall be sent to Tenant at the Premises

          with a copy to

          DLA Piper LLP (US)

          1717 Main Street, Suite 4600

          Dallas, TX 75201-4629

          Attention: Philip D. Weller

          Notices to Landlord shall be sent to:

          Houston Community College System 3100

          Main Street, 12th Floor

          Houston, Texas 77002

          Attention: Jackquiline Swindle

          Director of Building Operations

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          With a copy to:

          Houston Community College System 3100

          Main Street, 12th Floor

          Houston, Texas 77002

          Attention: Renee Byas, Office of General Counsel

     10. Parking.

          (a) Paragraph 4.H of the Amended Lease is hereby amended and restated in its entirety
as follows:

          H. Parking Permits/Charges.

          (1) Tenant shall be provided, and shall be required to take and pay for, not less than two (2)
unreserved parking spaces in the Parking Facilities for each 1,000 RSF of the Premises leased by
Tenant (the “Must Take Spaces”). Tenant may increase the number of parking spaces it leases
at any time during the Term, upon thirty (30) days prior written notice to Landlord, to up to four
(4) unreserved parking spaces per 1,000 RSF leased by Tenant (the unreserved parking spaces
actually taken by Tenant in excess of the Must Take Spaces being referred to herein as the “May
Take Spaces” and the Must Take Spaces plus the May Take Spaces actually taken by Tenant being
referred to herein collectively as the “Tenant Parking Spaces”). All of the Tenant Parking
Spaces (except any that are converted to reserved parking spaces as provided below) shall be on a
first come first serve basis in the Parking Facilities.

          (2) Tenant may convert up to twenty percent (20%) of the Tenant Parking Spaces to reserved
parking spaces (“Tenant’s One Time Parking Space Conversion”), such conversion to be
effective as of the date of this Third Amendment. Notwithstanding the foregoing, at any time during
the Term, Tenant shall have the right to convert Tenant Parking Spaces from reserved parking spaces
to unreserved parking spaces. In the event during the Term Tenant converts more than five percent
(5%) of the Tenant Parking Spaces from reserved to unreserved spaces (i.e. the number of reserved
Tenant Parking Spaces drops below fifteen percent (15%) of the total number of Tenant Parking
Spaces after the exercise of Tenant’s One Time Parking Spaces Conversion), thereafter Tenant’s
right to convert unreserved parking spaces to reserved parking spaces shall be changed to a right
to convert up to fifteen percent (15%) of the Tenant Parking Spaces to reserved parking spaces;
provided, however, that in the event that Landlord determines, in its sole and absolute discretion
as operator of the Parking Facilities, that there is existing availability in the Parking
Facilities for additional reserved parking spaces at the time that Tenant requests additional
reserved parking spaces, Landlord shall make available to Tenant the right to convert additional
Tenant Parking Spaces to reserved parking spaces, but in no event shall Landlord be obligated to
provide Tenant with an aggregate amount of reserved parking spaces in excess of twenty percent
(20%) of the Tenant Parking Spaces.

          (3) The rate for the Tenant Parking Spaces during the Term shall be equal to (i) Forty-five
and No/100 Dollars ($45.00) per month for each unreserved Tenant Parking Space (plus applicable
taxes), and (ii) Seventy-five and No/100 Dollars ($75.00) per month for each reserved Tenant
Parking Space (plus applicable taxes).

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          (4) If Landlord does not implement the Parking Measures by July 1, 2012, Tenant may require
that Landlord create a parking “nest” in a location in the Parking Facilities (“Parking
Nest”) that is convenient to Tenant (and the Parking Nest will be located below the long term
visitor parking area). Tenant acknowledges that, subject to Landlord’s repair and maintenance
requirements under this Lease, Tenants accepts the location of the Parking Nest in the Parking
Facilities in its “as-is, where-is” condition and that Landlord shall not be required to make any
modifications to the location where the Parking Nest is located within the Parking Facilities,
including but not limited to, creating elevator access.

          (5) Subject to the terms and conditions of this Paragraph 4.H, Tenant may convert any reserved
Tenant Parking Space into an unreserved Tenant Parking Space and relinquish any May Take Spaces
upon at least thirty (30) dates advance written notice to Landlord.

          (6) The minimum parking measures and obligations referenced in H.(4) above (the “Parking
Measures”) are as follows:

          (a) Establish a convenient short term parking area consisting of approximately 30 ± spaces
located on level 2 or level 3 of the garage as recommended by the long-term Parking Consultant.

          (b) Long term visitors will be directed to park on levels 7 through 8 of the garage.

          (c) Reserved spaces will be consolidated in the eastern side of the Parking Facilities in the
garage.

          (d) Implement the traffic flow recommendations in the Merit Parking Report dated May 16, 2011,
a copy of which recommendations are attached hereto as Exhibit “B”, or such recommendations as
provided by the long-term Parking Consultant.

          (e) Landlord agrees that garage spaces in the Parking Facilities will not be sold to parties,
that are not Tenants of the Building or occupants of the Building and whose use will disturb
Tenant’s use of the Parking Facilities during Tenant’s normal business hours. The garage is
intended solely for the use of occupants of the Building and their visitors. However, after two
years if the garage has excess capacity, Landlord shall have the right to enter into outside
contracts for additional parking within that will only be taken from long term visitor spaces.

          (f) A controlled access entry system will be installed in the Parking Facilities and Landlord
will make reasonable efforts to install the entry system not later than December 31, 2011, and such
system shall be fully operational not later than January 31, 2012.

          (g) All event parking for Landlord that occurs during normal business hours shall be directed
to the long term visitor parking area.

          (h) Visitor parking charges imposed on Tenant’s visitors will not exceed those charged to
other third party tenants of the Building, including visitors to St. Luke’s.

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     11. Refurbishment Allowance. Paragraphs 4.J (1) and (2) of the Amended Lease
are hereby amended and restated in their entirety and a new paragraph (3) is added as follows:

          (1) Commencing on August 1, 2011, Tenant shall be entitled to receive from Landlord a
refurbishment allowance of up to Nineteen and No/100 Dollars ($19.00) per RSF (the
“Refurbishment Allowance”) for the reimbursement of Tenant’s past and future costs in
refurbishing the Premises, provided, however, that in order to be entitled to the Refurbishment
Allowance, the costs related to refurbishing the Premises must (i) have been incurred between
February 1, 2010 and July 31, 2013 (ii) the expenses must be in the nature of leasehold
improvements to the Premises, e.g. carpet, paint, leasehold build-out, architectural and
engineering fees, and other design/engineering or project management fees, HVAC, etc. technology
costs (e.g. card key systems and cabling), moving costs, and permanent fixtures as opposed to items
such as furniture, moving costs, non-permanent fixtures (e.g. cubicles and trade fixtures), office
supplies, other soft costs, etc. (“Build-out”) and (iii) upon submission of invoices or
supporting documentation indicating costs related to refurbishing the Premises. In the event
Tenant does not use all of the Refurbishment Allowance within twenty four (24) months following the
commencement of a Renewal Term, any remaining allowance, not to exceed Three and No/100 Dollars
($3.00) per RSF, will be credited as a monthly credit to Base Rent based on the excess allowance
divided by the number of months remaining in the Term. This provision shall not be effective as to
the Lease Expansion, until after the Base Rent commences as to a portion of the Premises located on
Floor 7.

          (2) Landlord shall provide Tenant with an allowance of up to One and No/100 Dollars ($1.00)
per RSF in the Premises to use for upgrading the restrooms on Floor 9 and Floor 10, thereby
increasing the overall Refurbishment Allowance to Twenty and No/100 Dollars ($20.00) per RSF. In
the event Tenant exercises its Early Termination option, this additional $1.00 per RSF shall not be
included in the Early Termination Fee calculation.

          (3) The Refurbishment Allowance shall be advanced: (i) as to the Premises on Floors 9 and 10,
at any time on or after August 1, 2011, and (ii) as to the Lease Expansion, at any time on or after
Base Rent commences as to a portion of the Premises located on Floor 7.

     12. Signage. Section 7A.(a) of the Original Lease shall be deleted in its entirety
and restated as follows: Signage: Tenant’s signage on the building monument sign will be
increased in size (using two panels, the second being the one immediately below Tenant’s current
panel) as reflected on Exhibit “C” hereto. The monument sign will be back lit and Landlord consents
to Tenant’s use of its logo (in color) and name on the sign. If Tenant should so desire, and
provided Tenant is the occupying at least 50,000 RSF, Landlord grants Tenant the non-exclusive
right to install its name and logo (in color) on the garage parapet south side, west-end at the
top of Building garage. Any additional signage will not be at the same end of the garage wall.
Landlord shall have the right to approve the design, size, and location of the sign, but Landlord
hereby approves Tenant’s logo, name and color scheme currently in use. The sign shall be installed
at Tenant’s cost and all maintenance and electricity for the sign shall be paid for by the Tenant.
Tenant shall pay Landlord a onetime fee of $5,000.00 for the right to install the sign on the
garage. (Tenant may use the Refurbishment Allowance for the payment of this fee.) Landlord will
install new signage at the Elgin entry of the garage that will include Tenant’s name and logo at
Landlord’s cost. Except for the signage at the Elgin entry to the garage, all exterior signage
(including Building and garage signage) shall be at Tenant’s sole cost and expense and its design
and appearance will be subject to written approval of the Landlord at its sole discretion, except
as provided above. Such approval by the Landlord will not be unreasonable withheld, delayed or
denied.

     13. Renewal Option, Right of First Offer, Arbitration. The first paragraph under the
heading “Renewal Option” of Rider 1 of the Amended Lease is hereby amended as provided in

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paragraph (a) below, and a right of first refusal is granted to Tenant as provided in
paragraph (b) below:

          (a) Renewal Option. Tenant is granted either (i) one renewal option of seventy-two
(72) months or (ii) two (2) renewal options of thirty six (36) months each, provided the Tenant is
not in default under the terms of this Lease (each, a “Renewal Option”). Upon written
notice from Tenant to Landlord (“Renewal Notice”) not less than one hundred eighty (180)
days prior to the end of the Term (but no more than two hundred seventy (270) days prior to the end
of the Term), the Tenant may renew this Lease for either the Renewal Option of seventy-two (72)
months, or the initial Renewal Option for thirty six (36) months (and thereafter may exercise as to
the second Renewal Option for thirty six (36) months) (each, a “Renewal Term”) with respect
to a minimum of one full floor which is within the Leased Premises, and the rental rate for such
term will be 95% of the then prevailing Market Rental Rate (as defined in Rider 1 to the Original
Lease) provided that other than rental, all other terms and conditions of the Lease will remain in
full force and effect. The Renewal Option(s) granted by this paragraph will terminate if during
the Term, Tenant subleases in excess of fifty percent (50%) of the Premises or assigns this Lease
to a nonaffiliated party. Tenant may exercise the option expressed by this paragraph, but in doing
so, will be required to renew and extend the Lease for an entire Renewal Term for at least one (1)
full floor of the Premises. The Arbitration provision set forth in Section 17(d) of the First
Amendment (the second of such section designations in the First Amendment) shall be utilized in
case of any Market Rate Dispute (as therein defined).

          Tenant’s Renewal Options shall not be subordinate to the rights of any tenant of the Building or
any third party, other than Landlord and its Affiliates as expressly provided above.

          (b) Right of First Refusal.

          (1) Landlord hereby grants Tenant a right of first refusal (“ROFRO”) on all Available
Space (as defined in the First Amendment) on the 7th Floor of the Building, which right shall be
superior to the rights granted to the City of Houston to renew its lease for space in the southern
portion of the Building, but will be subordinate to any other rights in existence from the date of
this Third Amendment (which rights are set forth on Exhibit “D” hereto).

          (2) If at anytime Landlord wishes to accept a bona fide offer from an unaffiliated third party
for the lease of any of the Available Space on the 7th Floor of the Building, Landlord shall
deliver to Tenant a notice thereof indicating in such notice the space that is subject to lease,
the identity of the Tenant, the base rent, term and all terms and conditions that have been agreed
to with respect to the proposed lease (“Landlord’s Notice”). Tenant shall have a period of
ten (10) business days from receipt of Landlord’s Notice to notify Landlord whether it will lease
the space in question. Failure to notify Landlord within such ten day period that Tenant exercises
its ROFRO shall be deemed an election by Tenant to not exercise such right, and Landlord may then
enter into a new lease with the proposed tenant named in Landlord’s Notice and under the same
terms, conditions and provisions therein set forth. If there is any change in the identity of the
proposed tenant or any of such terms, conditions and provisions, then Landlord may not lease the
space in question without again complying with the provisions of this section. Tenant’s rights
under this section are in addition to its Right of First Offer set forth in the First Amendment.

          (3) If Tenant elects to lease the space described in the Landlord’s Notice pursuant to this
Section, the terms shall include the following: (i) the term for such space shall be coterminous
with the existing Term of this Lease, and (ii) the rental rate shall be equal to the Market Rental
Rate, but shall be not less than the rate that space is being offered to the bona fide third party
tenant named in Landlord’s Notice.

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          (4) Tenant’s ROFRO granted in this Section is in addition to Tenant’s Right of First Offer
contained in the First Amendment, which shall remain in full force and effect.

     14. Brokers. Paragraph 32.E of the Amended Lease is hereby amended and restated in its
entirety as follows:

          Brokers. Tenant represents that it has dealt only with Cushman & Wakefield of Texas, Inc.
(“Tenant’s Broker”) and Pollan Hausman Real Estate Services, LLC (“Landlord’s Broker”) in
connection with this Third Amendment. Tenant agrees to indemnify, defend, protect and hold Landlord
harmless from all claims of any broker, agent or similar person or entity (other than Tenant’s
Broker) arising by, through or under Tenant and in connection with the Property or this First
Amendment. Landlord shall pay a real estate commission to Tenant’s Broker equal to four percent
(4%) times the Base Rent (and not including Additional Rent, Taxes or Excess Operating Expenses)
plus annual ad valorem taxes based on $1.30 per square foot due by Tenant during the portion of the
Term commencing on August 1, 2011 and ending on September 30, 2016, less the abatements provided
for in Section 4 of this Third Amendment. Landlord shall pay a real estate commission to
Landlord’s Broker equal to two percent (2%) times the Base Rent (and not including Additional Rent,
Taxes or Excess Operating Expenses) plus annual ad valorem taxes based on $1.30 per square foot due
by Tenant during the portion of the Term commencing on August 1, 2011 and ending on September 30,
2016, less the abatements provided for in Section 4 of this Third Amendment.

     15. Upgrades.

          (1) Landlord agrees it will renovate the second floor lobby in the Building to the standard
for first class office buildings in Houston, Harris County, Texas (the “Lobby Upgrade”).
The Lobby Upgrade will include improved signage in the skywalk, entry, and elevator lobby areas to
direct visitors/students and clients to destinations. Landlord will engage an architect to design
changes to improve the signage in the second floor lobby entry and the elevator lobby. Landlord,
as part of the Lobby Upgrade, will also have the carpet in the lobby upgraded to a stone flooring
and carpeting and have the architect retained regarding signage recommend furniture, lighting and
other improvements in the second floor lobby and elevator lobby area.

          (2) Landlord shall be responsible for fixing all plumbing problems in the restrooms of the
Premises (whether resulting from maintenance, installation, or a combination) so that the same
operate to standards consistent with a first class office building. Additionally, Landlord will
provide Tenant with a $1.00 per RSF to utilize to refurbish the restrooms on the 9th and 10th
Floors of the Building as provided in Section 4.J.(2). Landlord will pay the cost to upgrade the
restrooms on the 7th Floor to Building standard. If Tenant desires to upgrade the 7th Floor
bathrooms, at Tenant’s cost, to the same standard as the new 9th and 10th Floor restrooms, Landlord
will contribute the amount of money that it would have spent on the Building standard upgrade to
the cost of Tenant’s upgrade.

     16. Successors and Assigns. The obligations in this Third Amendment shall be binding
upon and inure to the benefit of the successors and assigns of Landlord, and shall be binding upon
and inure to the benefit of the permitted successors and assigns of Tenant.

     17. Amended Lease In Full Force and Effect. The Amended Lease remains in full force
and effect and is unchanged except specifically modified by the provisions of this Third Amendment.
In the event of any conflicts between the terms of the Amended Lease and this Third Amendment, the
terms of this Third Amendment shall control.

     18. Entire Agreement. This Third Amendment, the Second Amendment, the First Amendment,
and the Original Lease contain all the agreements of the parties regarding the matters

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discussed in this Third Amendment, and no prior agreement, understanding or representation about
any such matter is effective for any purpose. The terms and conditions of this Third Amendment may
not be amended or otherwise affected except by instrument in writing executed by each party to be
bound by the instrument. All references in the Original Lease and in the First Amendment and Second
Amendment to the “Lease” shall mean and refer to the Original Lease as amended by the First
Amendment and Second Amendment and this Third Amendment.

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EXECUTED to be effective for all purposes as of the Effective Date.

	 	 	 	 	 	 	 	 	 

	TENANT:
	 	 	 	LANDLORD:
	 
	PROS Revenue Management, L.P.	 	 	 	Houston Community College System
	 
	By:

	 	/s/ Charles H. Murphy
	 	 	 	By:
	 	/s/ Arthur Tyler
	 
	 	 	 	 	 	 	 	 
	

	 	Name: Charles H. Murphy
	 	 	 	
	 	Name: Arthur Tyler
	

	 	Title:   Executive Vice President and CFO
	 	 	 	
	 	Title:   Deputy Chancellor
	

	 	Date:   July 29, 2011
	 	 	 	
	 	Date:   July 29,2011

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