Document:

EX-4.2

 Exhibit 4.2 

Execution Version 
  

 
  

AMENDED AND RESTATED 

INVESTORS’ RIGHTS AGREEMENT 

AMONG 
 RAPID7, INC. 

AND 
 THE OTHER PARTIES HERETO

 Dated as of December 9, 2014 
  

 
  

 TABLE OF CONTENTS 

 

									
	 	 	 	  	 	  	Page	 
			
	 1.
	 	 Definitions
	  	 	1	 
			
	 2.
	 	 Registration Rights
	  	 	6	 
		 	 2.1
	  	 Demand Registration
	  	 	6	 
		 	 2.2
	  	 Company Registration
	  	 	8	 
		 	 2.3
	  	 Underwriting Requirements
	  	 	9	  
		 	 2.4
	  	 Obligations of the Company
	  	 	10	 
		 	 2.5
	  	 Furnish Information
	  	 	11	 
		 	 2.6
	  	 Expenses of Registration
	  	 	12	 
		 	 2.7
	  	 Delay of Registration
	  	 	12	 
		 	 2.8
	  	 Indemnification
	  	 	12	 
		 	 2.9
	  	 Reports Under Exchange Act
	  	 	14	 
		 	 2.10
	  	 Limitations on Subsequent Registration Rights
	  	 	15	 
		 	 2.11
	  	 “Market Stand-off” Agreement
	  	 	15	 
		 	 2.12
	  	 Restrictions on Transfer
	  	 	16	 
		 	 2.13
	  	 Termination of Registration Rights
	  	 	17	 
			
	 3.
	 	 Information Rights
	  	 	17	 
		 	 3.1
	  	 Delivery of Financial Statements
	  	 	17	 
		 	 3.2
	  	 Reportable Events
	  	 	19	 
		 	 3.3
	  	 Access to Records
	  	 	19	 
		 	 3.4
	  	 Termination of Information Rights
	  	 	19	 
		 	 3.5
	  	 Confidentiality
	  	 	19	 
			
	 4.
	 	 Rights to Future Stock Issuances
	  	 	20	 
		 	 4.1
	  	 Right of First Offer
	  	 	20	 
		 	 4.2
	  	 Termination
	  	 	21	 
			
	 5.
	 	 Additional Covenants
	  	 	22	 
		 	 5.1
	  	 Successor Indemnification
	  	 	22	 
		 	 5.2
	  	 Expenses of Counsel
	  	 	22	 
		 	 5.3
	  	 Termination of Covenants
	  	 	22	 
			
	 6.
	 	 Miscellaneous
	  	 	23	 
		 	 6.1
	  	 Successors and Assigns
	  	 	23	 
		 	 6.2
	  	 Governing Law
	  	 	23	 
		 	 6.3
	  	 Counterparts
	  	 	23	 
		 	 6.4
	  	 Titles and Subtitles
	  	 	23	 
		 	 6.5
	  	 Notices
	  	 	23	 
		 	 6.6
	  	 Amendments and Waivers
	  	 	25	 
		 	 6.7
	  	 Severability
	  	 	25	 
		 	 6.8
	  	 Aggregation of Stock
	  	 	26	 
		 	 6.9
	  	 Additional Investors    
	  	 	26	 

  
 i 

									
			 6.10
		 Entire Agreement
		 	26	 
			 6.11
		 Dispute Resolution
		 	26	 
			 6.12
		 Delays or Omissions
		 	27	 
			 6.13
		 Acknowledgment
		 	27	 
			 6.14
		 Waiver of Right to Future Stock Issuances
		 	27	 

  

					
	Schedule A		-		Schedule of Investors
	Schedule B		-		Schedule of Other Holders

  
 ii 

 AMENDED AND RESTATED 

INVESTORS’ RIGHTS AGREEMENT 

THIS AMENDED AND RESTATED INVESTORS’ RIGHTS AGREEMENT (this “Agreement”) is made as of the 9th day of December, 2014, by
and among Rapid7, Inc., a Delaware corporation (the “Company”), each of the investors listed on Schedule A hereto, each of which is referred to in this Agreement as an “Investor,” and each of the
stockholders listed on Schedule B hereto, each of whom is referred to herein as an “Other Holder”, and any other Person that becomes a party to this Agreement in accordance with Section 6.9 hereof. 

WHEREAS, certain of the Investors (such Investors, the “New Investors”) have agreed to purchase shares of the Series D
Convertible Preferred Stock of the Company, par value $0.01 per share (“Series D Preferred Stock”), pursuant to the Series D Convertible Preferred Stock Purchase Agreement of even date herewith (the “Purchase
Agreement”); and 
 WHEREAS, certain of the Investors hold shares of the Company’s Series A Preferred Stock, Series B
Preferred Stock and Series C Preferred Stock (the “Prior Investors”) and possess certain rights to cause the Company to register shares of Common Stock issuable to the Prior Investors, to receive certain information from the
Company, and to participate in future equity offerings by the Company, and other rights pursuant to the Investors’ Rights Agreement, dated as of November 16, 2011 among the Company and such Prior Investors, as amended on May 16, 2014
(the “Prior Rights Agreement”); 
 WHEREAS, in order to induce the Company to enter into the Purchase Agreement and to
induce the New Investors to invest funds in the Company pursuant to the Purchase Agreement, the Prior Investors desire to amend and restate the Prior Rights Agreement; 

WHEREAS, pursuant to the terms of the Prior Rights Agreement, the Prior Rights Agreement may be amended by the written consent of the Company,
the Required Holders (as defined in the Prior Rights Agreement) and the holders of a majority of the Registrable Securities (as defined in the Prior Rights Agreement) then outstanding; and 

WHEREAS, pursuant to the terms of the Prior Rights Agreement, the right to participate in future equity offerings by the Company pursuant to
Section 4 of the Prior Rights Agreement may be waived by the Required Holders (as defined in the Prior Rights Agreement) and the holders of a majority of the Registrable Securities (as defined in the Prior Rights Agreement) then outstanding.

 NOW, THEREFORE, in consideration of the foregoing and the covenants contained herein, the Company, the Other Holders and the Investors
hereby agree as follows: 
 1. Definitions. For purposes of this Agreement: 

“5% Holder” means any Holder of at least 5% of the sum of the Common Stock plus the Preferred Stock (on an as-converted
basis). 
 “Affiliate” means, with respect to any specified Person, any other Person who, directly or indirectly, controls,
is controlled by, or is under common control with such Person, including 

  
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without limitation any general partner, managing member, officer or director of such Person or any venture capital fund now or hereafter existing that is controlled by one or more general
partners or managing members of, or shares the same management company with, such Person. RGIP, LLC shall be deemed to be an Affiliate of the Bain Holders. 

“Accountants” has the meaning assigned to it in Section 3.1(c). 

“Agreement” has the meaning assigned to it in the recitals. 

“Bain Holders” means the Investors identified on Schedule A as a “Bain Holder” and their Affiliates. 

“Bain Registrable Securities” means (i) the Common Stock issuable or issued upon conversion of the Preferred Stock held
by the Bain Holders; (ii) any Common Stock, or any Common Stock issued or issuable (directly or indirectly) upon conversion and/or exercise of any other securities of the Company, held or acquired by the Bain Holders; and (iii) any Common
Stock issued as (or issuable upon the conversion or exercise of any warrant, right, or other security that is issued as) a dividend or other distribution with respect to, or in exchange for or in replacement of, the shares referenced in clauses
(i) and (ii) above; excluding in all cases, however, any Registrable Securities sold by a Person in a transaction in which the applicable rights under this Agreement are not assigned pursuant to Section 6.1, and excluding for
purposes of Section 2 any shares for which registration rights have terminated pursuant to Section 2.13 of this Agreement. 

“Common Stock” means shares of the Company’s common stock, par value $0.01 per share. 

“Company” has the meaning assigned to it in the recitals. 

“Competitor” means a Person engaged, directly or indirectly (including through any partnership, limited liability company,
corporation, joint venture or similar arrangement (whether now existing or formed hereafter)), in the information technology vulnerability management, penetration solutions and security business, but shall not include any financial investment firm
or collective investment vehicle. 
 “Convertible Securities” means any stock or securities (other than Options) directly
or indirectly convertible into or exchangeable for Common Stock. 
 “Damages” means any loss, damage, claim or liability
(joint or several) to which a party hereto may become subject under the Securities Act, the Exchange Act, or other federal or state law, insofar as such loss, damage, claim or liability (or any action in respect thereof) arises out of or is based
upon (i) any untrue statement or alleged untrue statement of a material fact contained in any registration statement of the Company, including any preliminary prospectus or final prospectus contained therein or any amendments or supplements
thereto; (ii) an omission or alleged omission to state therein a material fact required to be stated therein, or necessary to make the statements therein not misleading; or (iii) any violation or alleged violation by the indemnifying party
(or any of its agents or Affiliates) of the Securities Act, the Exchange Act, any state securities law, or any rule or regulation promulgated under the Securities Act, the Exchange Act, or any state securities law. 

  
 2 

 “Demand Notice” has the meaning assigned to it in Section 2.1(a).

 “Derivative Securities” means any securities or rights convertible into, or exercisable or exchangeable for (in each
case, directly or indirectly), Common Stock, including options and warrants. 
 “Exchange Act” means the Securities
Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder. 
 “Excluded Registration” means
(i) a registration relating to the sale of securities to employees of the Company or a subsidiary pursuant to a stock option, stock purchase, or similar plan; (ii) a registration relating to an SEC Rule 145 transaction; (iii) a
registration on any form that does not include substantially the same information as would be required to be included in a registration statement covering the sale of the Registrable Securities; or (iv) a registration in which the only Common
Stock being registered is Common Stock issuable upon conversion of debt securities that are also being registered. 
 “Exempted
Securities” shall have the meaning set forth in the Company’s Certificate of Incorporation, as may be amended from time to time. 

“FOIA Party” means a Person that, in the reasonable determination of the Board of Directors, may be subject to, and thereby
required to disclose non-public information furnished by or relating to the Company under, the Freedom of Information Act, 5 U.S.C. 552 (“FOIA”), any state public records access law, any state or other jurisdiction’s laws
similar in intent or effect to FOIA, or any other similar statutory or regulatory requirement. 
 “Form S-1” means such
form under the Securities Act as in effect on the date hereof or any successor registration form under the Securities Act subsequently adopted by the SEC. 

“Form S-3” means such form under the Securities Act as in effect on the date hereof or any registration form under the
Securities Act subsequently adopted by the SEC that permits incorporation of substantial information by reference to other documents filed by the Company with the SEC. 

“Fully Exercising Investor” has the meaning assigned to it in Section 4.1(b). 

“GAAP” means generally accepted accounting principles in the United States. 

“Holder” means any holder of Registrable Securities who is a party to this Agreement. 

“Immediate Family Member” means a parent, spouse or child (including those adopted) of an individual and each custodian or
guardian of any property of one or more of such Persons in the capacity as such custodian or guardian. 

  
 3 

 “Initiating Holders” means, collectively, Holders who properly initiate a
registration request under this Agreement. 
 “Investor” has the meaning assigned to it in the recitals. 

“Investor Beneficial Owners” has the meaning assigned to it in Section 4.1. 

“Investor Counsel” has the meaning assigned to it in Section 5.2. 

“Investor Registrable Securities” means the Bain Registrable Securities and the TCV Registrable Securities. 

“IPO” means the Company’s first underwritten public offering of its Common Stock under the Securities Act. 

“Key Employee” means any executive-level employee (including division director and vice president-level positions) as well as
any employee who, either alone or in concert with others, develops, invents, programs, or designs any Company Intellectual Property (as defined in the Purchase Agreement). 

“Major Investor” means any Investor that, individually or together with such Investor’s Affiliates, holds at least
4,271,000 shares of Registrable Securities (as adjusted for any stock split, stock dividend, combination, or other recapitalization or reclassification effected after the date hereof). 

“New Investor” has the meaning assigned to it in the recitals. 

“New Securities” means, collectively, equity securities of the Company, whether or not currently authorized, as well as
rights, options, or warrants to purchase such equity securities, or securities of any type whatsoever that are, or may become, convertible or exchangeable into or exercisable for such equity securities. 

“Offer Notice” has the meaning assigned to it in Section 4.1(a). 

“Option” means any rights, warrants or options to subscribe for or purchase Common Stock or Convertible Securities. 

“Other Holder” has the meaning assigned to it in the recitals. 

“Other Holder Registrable Securities” means (i) the Common Stock issuable or issued upon conversion of the Preferred
Stock held by the Other Holders, (ii) any Common Stock, or any Common Stock issued or issuable (directly or indirectly) upon conversion and/or exercise of any other securities of the Company, held or acquired by the Other Holders; and
(iii) any Common Stock issued as (or issuable upon the conversion or exercise of any warrant, right, or other security that is issued as) a dividend or other distribution with respect to, or in exchange for or in replacement of, the shares
referenced in clauses (i) and (ii) above; excluding in all cases, however, any Registrable Securities sold by a Person in a transaction in which the applicable rights under this Agreement are not assigned pursuant to
Section 6.1, and excluding for purposes of Section 2 any shares for which registration rights have terminated pursuant to Section 2.13 of this Agreement. 

  
 4 

 “Person” means any individual, corporation, partnership, trust, limited
liability company, association or other entity. 
 “Preferred Stock” means, collectively, shares of the Company’s
Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, and Series D Preferred Stock. 
 “Prior
Investors” has the meaning assigned to it in the recitals. 
 “Prior Rights Agreement” has the meaning assigned to
it in the recitals. 
 “Purchase Agreement” has the meaning assigned to it in the recitals. 

“Registrable Securities” means (i) the Bain Registrable Securities, (ii) the TCV Registrable Securities and
(iii) the Other Holder Registrable Securities. 
 “Registrable Securities then outstanding” means the number of shares
determined by adding the number of shares of outstanding Common Stock that are Registrable Securities and the number of shares of Common Stock issuable (directly or indirectly) pursuant to then exercisable and/or convertible securities that are
Registrable Securities. 
 “Reportable Events” has the meaning assigned to it in Section 3.2. 

“Required Holders” means (i) holders of a majority of the Series A Preferred Stock and Series B Preferred Stock, voting
as a single class on an as-converted basis and (ii) holders of a majority of the Series C Preferred Stock, voting as a single class. 

“Restricted Securities” means the securities of the Company required to bear the legend set forth in
Section 2.12(b) hereof. 
 “SEC” means the Securities and Exchange Commission. 

“SEC Rule 144” means Rule 144 promulgated by the SEC under the Securities Act. 

“SEC Rule 145” means Rule 145 promulgated by the SEC under the Securities Act. 

“Securities Act” means the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder. 

“Selling Expenses” means all underwriting discounts, selling commissions, and stock transfer taxes applicable to the sale of
Registrable Securities, and fees and disbursements of counsel for any Holder, except for the fees and disbursements of the Selling Holder Counsel borne and paid by the Company as provided in Section 2.6. 

“Selling Holder Counsel” has the meaning assigned to it in Section 2.6. 

  
 5 

 “Series A Director” means any director of the Company that the holders of record
of the Series A Preferred Stock are entitled to elect pursuant to the Company’s Certificate of Incorporation. 
 “Series A
Preferred Stock” means shares of the Company’s Series A Preferred Stock, par value $0.01 per share. 
 “Series B
Preferred Stock” means shares of the Company’s Series B Preferred Stock, par value $0.01 per share. 
 “Series C
Preferred Stock” means shares of the Company’s Series C Preferred Stock, par value $0.01 per share. 
 “Series D
Preferred Stock” means shares of the Company’s Series D Preferred Stock, par value $0.01 per share. 
 “TCV
Holders” means the Investors identified on Schedule A as a “TCV Holder” and their Affiliates. 
 “TCV Registrable
Securities” means (i) the Common Stock issuable or issued upon conversion of the Preferred Stock held by the TCV Holders; (ii) any Common Stock, or any Common Stock issued or issuable (directly or indirectly) upon conversion
and/or exercise of any other securities of the Company, held or acquired by the TCV Holders; and (iii) any Common Stock issued as (or issuable upon the conversion or exercise of any warrant, right, or other security that is issued as) a
dividend or other distribution with respect to, or in exchange for or in replacement of, the shares referenced in clauses (i) and (ii) above; excluding in all cases, however, any Registrable Securities sold by a Person in a transaction in
which the applicable rights under this Agreement are not assigned pursuant to Section 6.1, and excluding for purposes of Section 2 any shares for which registration rights have terminated pursuant to Section 2.13
of this Agreement. 
 “Underwritten Offering” means an offering of Common Stock or other equity securities of the Company
in which such securities are sold to an underwriter or underwriters on a firm commitment basis for reoffering to the public. 
 2. Registration
Rights. The Company covenants and agrees as follows: 
 2.1 Demand Registration. 

(a) Form S-1 Demand. If at any time after the earlier of (i) four (4) years after the date of this Agreement or (ii) one
hundred eighty (180) days after the effective date of the registration statement for the IPO, the Company receives a request from Holders of twenty percent (20%) of the Investor Registrable Securities then outstanding (or, if such request
is for an IPO, sixty percent (60%) of the Investor Registrable Securities then outstanding) that the Company file a Form S-1 registration statement with respect to at least forty percent (40%) of the Registrable Securities then outstanding
(or a lesser percent if the anticipated aggregate offering price, net of Selling Expenses, would exceed $15 million), then the Company shall (i) within ten (10) days after the date such request is given, give notice thereof (the
“Demand Notice”) to all 

  
 6 

 
Holders other than the Initiating Holders; and (ii) as soon as practicable, and in any event within sixty (60) days after the date such request is given by the Initiating Holders, file
a Form S-1 registration statement under the Securities Act covering all Registrable Securities that the Initiating Holders requested to be registered and any additional Registrable Securities requested to be included in such registration by any
other Holders, as specified by notice given by each such Holder to the Company within twenty (20) days of the date the Demand Notice is given, and in each case, subject to the limitations of Section 2.1(c) and
Section 2.3. 
 (b) Form S-3 Demand. If at any time when it is eligible to use a Form S-3 registration statement, the
Company receives a request from Holders of at least fifteen percent (15%) of the Investor Registrable Securities then outstanding that the Company file a Form S-3 registration statement with respect to outstanding Registrable Securities of such
Holders having an anticipated aggregate offering price, net of Selling Expenses, of at least $5 million, then the Company shall (i) within ten (10) days after the date such request is given, give a Demand Notice to all Holders other than
the Initiating Holders; and (ii) as soon as practicable, and in any event within forty-five (45) days after the date such request is given by the Initiating Holders, file a Form S-3 registration statement under the Securities Act covering
all Registrable Securities requested to be included in such registration by any other Holders, as specified by notice given by each such Holder to the Company within twenty (20) days of the date the Demand Notice is given, and in each case,
subject to the limitations of Section 2.1(c) and Section 2.3. 
 (c) Blackouts. Notwithstanding the foregoing
obligations, if the Company furnishes to Holders requesting a registration pursuant to this Section 2.1 a certificate signed by the Company’s chief executive officer stating that in the good faith judgment of the Company’s
Board of Directors it would be materially detrimental to the Company and its stockholders for such registration statement to either become effective or remain effective for as long as such registration statement otherwise would be required to remain
effective, because such action would (i) materially interfere with a significant acquisition, corporate reorganization, or other similar transaction involving the Company; (ii) require the Company to disclose any material nonpublic
information which would be reasonably likely to be detrimental to the Company and/or its subsidiaries; or (iii) render the Company unable to comply with requirements under the Securities Act or Exchange Act, then the Company shall have the
right to defer taking action with respect to such filing, and any time periods with respect to filing or effectiveness thereof shall be tolled correspondingly, for a period of not more than ninety (90) days after the request of the Initiating
Holders is given; provided, however, that the Company may not invoke this right more than once in any twelve (12) month period; and provided further that the Company shall not register any securities for its own account or that of
any other stockholder during such ninety (90) day period other than pursuant to a registration relating to the sale of securities to employees of the Company or a subsidiary pursuant to a stock option, stock purchase, or similar plan; a
registration on any form that does not include substantially the same information as would be required to be included in a registration statement covering the sale of the Registrable Securities; or a registration in which the only Common Stock being
registered is Common Stock issuable upon conversion of debt securities that are also being registered. 
 (d) Limitations. The
Company shall not be obligated to effect, or to take any action to effect, any registration pursuant to Section 2.1(a)(i) (i) during the period that is sixty (60) days before the Company’s good faith estimate of the date
of filing of, and ending on a date 

  
 7 

 
that is one hundred eighty (180) days after the effective date of, a Company-initiated registration, provided, that the Company is actively employing in good faith commercially
reasonable efforts to cause such registration statement to become effective; (ii) at the request of a Holder of Bain Registrable Securities if the Company has effected two registrations pursuant to Section 2.1(a) that were initiated
by any Holder of Bain Registrable Securities; (iii) at the request of a Holder of TCV Registrable Securities if the Company has effected two registrations pursuant to Section 2.1(a) that were initiated by any Holder of TCV
Registrable Securities; or (iv) if the Initiating Holders propose to dispose of shares of Registrable Securities that may be immediately registered on Form S-3 pursuant to a request made pursuant to Section 2.1(b). The Company shall
not be obligated to effect, or to take any action to effect, any registration pursuant to Section 2.1(b) (i) during the period that is thirty (30) days before the Company’s good faith estimate of the date of filing of, and
ending on a date that is ninety (90) days after the effective date of, a Company-initiated registration, provided, that the Company is actively employing in good faith commercially reasonable efforts to cause such registration statement to
become effective; (ii) at the request of a Holder of Bain Registrable Securities if the Company has effected a registration initiated by any Holder of Bain Registrable Securities pursuant to Section 2.1(b) within the twelve
(12) month period immediately preceding the date of such request; or (iii) at the request of a Holder of TCV Registrable Securities if the Company has previously effected a registration initiated by any Holder of TCV Registrable Securities
pursuant to Section 2.1(b) within the twelve (12) month period immediately preceding the date of such request. The Company shall not be obligated to effect, or to take any action to effect, any registration pursuant to Sections
2.1(a) or 2.1(b) at the request of the Initiating Holders if the Company has effected an aggregate of three registrations pursuant to Sections 2.1(a) or 2.1(b) within the twelve (12) month period immediately preceding the date of
such request. A registration shall not be counted as “effected” for purposes of this Section 2.1(d) until such time as the applicable registration statement has been declared effective by the SEC, unless the Initiating Holders
withdraw their request for such registration, elect not to pay the registration expenses therefor, and forfeit their right to one demand registration statement pursuant to Section 2.6, in which case such withdrawn registration statement
shall be counted as “effected” for purposes of this Section 2.1(d). 
 2.2 Company Registration. If the Company
proposes to register (including, for this purpose, a registration effected by the Company for stockholders other than the Holders) any of its securities under the Securities Act in connection with the public offering of such securities solely for
cash (other than in an Excluded Registration), the Company shall, at such time, promptly give each Holder notice of such registration. Upon the request of each Holder given within twenty (20) days after such notice is given by the Company, the
Company shall, subject to the provisions of Section 2.3, cause to be registered all of the Registrable Securities that each such Holder has requested to be included in such registration. The Company shall have the right to terminate or
withdraw any registration initiated by it under this Section 2.2 before the effective date of such registration, whether or not any Holder has elected to include Registrable Securities in such registration. The expenses (other than
Selling Expenses) of such withdrawn registration shall be borne by the Company in accordance with Section 2.6. 

  
 8 

 2.3 Underwriting Requirements. 

(a) If, pursuant to Section 2.1, the Initiating Holders intend to distribute the Registrable Securities covered by their request
by means of an underwriting, they shall so advise the Company as a part of their request made pursuant to Section 2.1, and the Company shall include such information in the Demand Notice. The underwriter(s) will be selected by the
Company and shall be reasonably acceptable to a majority in interest of the Initiating Holders. In such event, the right of any Holder to include such Holder’s Registrable Securities in such registration shall be conditioned upon such
Holder’s participation in such underwriting and the inclusion of such Holder’s Registrable Securities in the underwriting to the extent provided herein. All Holders proposing to distribute their securities through such underwriting shall
(together with the Company as provided in Section 2.4(e)) enter into an underwriting agreement in customary form with the underwriter(s) selected for such underwriting. Notwithstanding any other provision of this Section 2.3,
if the managing underwriter(s) advise(s) the Initiating Holders in writing that marketing factors require a limitation on the number of shares to be underwritten, then the Initiating Holders shall so advise all Holders of Registrable Securities that
otherwise would be underwritten pursuant hereto, and the number of Registrable Securities that may be included in the underwriting shall be allocated among such Holders of Registrable Securities, including the Initiating Holders, in proportion (as
nearly as practicable) to the number of Registrable Securities owned by each Holder or in such other proportion as shall mutually be agreed to by all such selling Holders. Notwithstanding the foregoing, in no event shall (i) the number of
Registrable Securities included in the offering be reduced unless all other securities are first entirely excluded from the offering or (ii) any Investor Registrable Securities be excluded from such underwriting unless all Other Holder
Registrable Securities are first excluded from such offering. 
 (b) In connection with any offering involving an underwriting of shares of
the Company’s capital stock pursuant to Section 2.2, the Company shall not be required to include any of the Holders’ Registrable Securities in such underwriting unless the Holders accept the terms of the underwriting as agreed
upon between the Company and its underwriters, and then only in such quantity as the underwriters in their sole discretion determine will not jeopardize the success of the offering by the Company. If the total number of securities, including
Registrable Securities, requested by stockholders to be included in such offering exceeds the number of securities to be sold (other than by the Company) that the underwriters in their reasonable discretion determine is compatible with the success
of the offering, then the Company shall be required to include in the offering only that number of such securities, including Registrable Securities, which the underwriters and the Company in their sole discretion determine will not jeopardize the
success of the offering. If the underwriters determine that less than all of the Registrable Securities requested to be registered can be included in such offering, then the Registrable Securities that are included in such offering shall be
allocated among the selling Holders in proportion (as nearly as practicable to) the number of Registrable Securities owned by each selling Holder or in such other proportions as shall mutually be agreed to by all such selling Holders.
Notwithstanding the foregoing, in no event shall (i) the number of Registrable Securities included in the offering be reduced unless all other securities (other than securities to be sold by the Company) are first entirely excluded from the
offering, (ii) the number of Registrable Securities included in the offering be reduced below thirty percent (30%) of the total number of securities included in such offering, unless such offering is the IPO, in which case the selling
Holders may be excluded further if the underwriters make the determination described above and no other stockholder’s securities are included in such offering or (iii) notwithstanding (ii) above, any Investor Registrable Securities be
excluded from such underwriting unless all Other Holder Registrable Securities are first excluded from such offering. 

  
 9 

 (c) For purposes of Section 2.1, a registration shall not be counted as
“effected” if, as a result of an exercise of the underwriter’s cutback provisions in Section 2.3(a), fewer than fifty percent (50%) of the total number of Registrable Securities that Holders have requested to be
included in such registration statement are actually included. 
 (d) For purposes of the provisions in Section 2.3(b)
concerning apportionment, (i) for any selling Holder that is a partnership, limited liability company, or corporation, the partners, members, retired partners, retired members, stockholders, and Affiliates of such Holder, or the estates and
Immediate Family Members of any such partners, retired partners, members, and retired members and any trusts for the benefit of any of the foregoing Persons, shall be deemed to be a single “selling Holder,” and any pro rata reduction with
respect to such “selling Holder” shall be based upon the aggregate number of Registrable Securities owned by all Persons included in such “selling Holder,” as defined in this clause and (ii) to facilitate the allocation of
shares in accordance with the provisions in this Section 2.3, the Company or the underwriters may round the number of shares allocated to any Holder to the nearest 100 shares; and 

2.4 Obligations of the Company. Whenever required under this Section 2 to effect the registration of any Registrable
Securities, the Company shall, as expeditiously as reasonably possible: 
 (a) prepare and file with the SEC a registration statement with
respect to such Registrable Securities and use its commercially reasonable efforts to cause such registration statement to become effective and, upon the request of the Holders of a majority of the Registrable Securities registered thereunder, keep
such registration statement effective for a period of up to one hundred twenty (120) days or, if earlier, until the distribution contemplated in the registration statement has been completed; provided, however, that (i) such one
hundred twenty (120) day period shall be extended for a period of time equal to the period the Holder refrains, at the request of an underwriter of Common Stock (or other securities) of the Company, from selling any securities included in such
registration, and (ii) in the case of any registration of Registrable Securities on Form S-3 that are intended to be offered on a continuous or delayed basis, subject to compliance with applicable SEC rules, such one hundred twenty
(120) day period shall be extended, as necessary, to keep the registration statement effective until all such Registrable Securities are sold; 

(b) prepare and file with the SEC such amendments and supplements to such registration statement, and the prospectus used in connection with
such registration statement, as may be necessary to comply with the Securities Act in order to enable the disposition of all securities covered by such registration statement; 

(c) furnish to the selling Holders such numbers of copies of a prospectus, including a preliminary prospectus, as required by the Securities
Act, and such other documents as the Holders may reasonably request in order to facilitate their disposition of their Registrable Securities; 

  
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 (d) use its commercially reasonable efforts to register and qualify the securities covered by
such registration statement under such other securities or blue-sky laws of such jurisdictions as shall be reasonably requested by the selling Holders; provided that the Company shall not be required to qualify to do business or to file a
general consent to service of process in any such states or jurisdictions, unless the Company is already subject to service in such jurisdiction and except as may be required by the Securities Act; 

(e) in the event of any underwritten public offering, enter into and perform its obligations under an underwriting agreement, in usual and
customary form, with the underwriter(s) of such offering; 
 (f) use its commercially reasonable efforts to cause all such Registrable
Securities covered by such registration statement to be listed on a national securities exchange or trading system and each securities exchange and trading system (if any) on which similar securities issued by the Company are then listed; 

(g) provide a transfer agent and registrar for all Registrable Securities registered pursuant to this Agreement and provide a CUSIP number for
all such Registrable Securities, in each case not later than the effective date of such registration; 
 (h) promptly make available for
inspection by the selling Holders, any managing underwriter(s) participating in any disposition pursuant to such registration statement, and any attorney or accountant or other agent retained by any such underwriter or selected by the selling
Holders, all financial and other records, pertinent corporate documents, and properties of the Company, and cause the Company’s officers, directors, employees, and independent accountants to supply all information reasonably requested by any
such seller, underwriter, attorney, accountant, or agent, in each case, as necessary or advisable to verify the accuracy of the information in such registration statement and to conduct appropriate due diligence in connection therewith; 

(i) notify each selling Holder, promptly after the Company receives notice thereof, of the time when such registration statement has been
declared effective or a supplement to any prospectus forming a part of such registration statement has been filed; and 
 (j) after such
registration statement becomes effective, notify each selling Holder of any request by the SEC that the Company amend or supplement such registration statement or prospectus. 

In addition, the Company shall ensure that, at all times after any registration statement covering a public offering of securities of the Company under the
Securities Act shall have become effective, its insider trading policy shall provide that the Company’s directors may implement a trading program under Rule 10b5-1 of the Exchange Act. 

2.5 Furnish Information. It shall be a condition precedent to the obligations of the Company to take any action pursuant to this
Section 2 with respect to the Registrable Securities of any selling Holder that such Holder shall furnish to the Company such information regarding itself, the Registrable Securities held by it, and the intended method of disposition of
such securities as is reasonably required to effect the registration of such Holder’s Registrable Securities. 

  
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 2.6 Expenses of Registration. All expenses (other than Selling Expenses) incurred in
connection with registrations, filings, or qualifications pursuant to Section 2, including all registration, filing, and qualification fees; printers’ and accounting fees; fees and disbursements of counsel for the Company; and the
reasonable fees and disbursements of one counsel for the selling Holders (“Selling Holder Counsel”), to be selected by the holders of a majority of the Investor Registrable Securities to be included in such registration, shall be
borne and paid by the Company; provided, however, that the Company shall not be required to pay for any expenses of any registration proceeding begun pursuant to Section 2.1 if the registration request is subsequently withdrawn at
the request of the Holders of a majority of the Registrable Securities to be registered (in which case all selling Holders shall bear such expenses pro rata based upon the number of Registrable Securities that were to be included in the withdrawn
registration), unless the Holders of a majority of the Registrable Securities agree to forfeit their right to one registration pursuant to Section 2.1(a) or Section 2.1(b), as the case may be; provided further that if,
at the time of such withdrawal, the Holders shall have learned of a material adverse change in the condition, business, or prospects of the Company from that known to the Holders at the time of their request and have withdrawn the request with
reasonable promptness after learning of such information then the Holders shall not be required to pay any of such expenses and shall not forfeit their right to one registration pursuant to Section 2.1(a) or Section 2.1(b).
All Selling Expenses relating to Registrable Securities registered pursuant to this Section 2 shall be borne and paid by the Holders pro rata on the basis of the number of Registrable Securities registered on their behalf. 

2.7 Delay of Registration. No Holder shall have any right to obtain or seek an injunction restraining or otherwise delaying any
registration pursuant to this Agreement as the result of any controversy that might arise with respect to the interpretation or implementation of this Section 2. 

2.8 Indemnification. If any Registrable Securities are included in a registration statement under this Section 2: 

(a) To the extent permitted by law, the Company will indemnify and hold harmless each selling Holder, and the partners, members, officers,
directors, and stockholders of each such Holder; legal counsel and accountants for each such Holder; any underwriter (as defined in the Securities Act) for each such Holder; and each Person, if any, who controls such Holder or underwriter within the
meaning of the Securities Act or the Exchange Act, against any Damages, and the Company will pay to each such Holder, underwriter, controlling Person, or other aforementioned Person any legal or other expenses reasonably incurred thereby in
connection with investigating or defending any claim or proceeding from which Damages may result, as such expenses are incurred; provided, however, that the indemnity agreement contained in this Section 2.8(a) shall not apply to
amounts paid in settlement of any such claim or proceeding if such settlement is effected without the consent of the Company, which consent shall not be unreasonably withheld, nor shall the Company be liable for any Damages to the extent that they
arise out of or are based upon actions or omissions made in reliance upon and in conformity with written information furnished by or on behalf of any such Holder, underwriter, controlling Person, or other aforementioned Person expressly for use in
connection with such registration. 

  
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 (b) To the extent permitted by law, each selling Holder, severally and not jointly, will
indemnify and hold harmless the Company, and each of its directors, each of its officers who has signed the registration statement, each Person (if any), who controls the Company within the meaning of the Securities Act, legal counsel and
accountants for the Company, any underwriter (as defined in the Securities Act), any other Holder selling securities in such registration statement, and any controlling Person of any such underwriter or other Holder, against any Damages, in each
case only to the extent that such Damages arise out of or are based upon actions or omissions made in reliance upon and in conformity with written information furnished by or on behalf of such selling Holder expressly for use in connection with such
registration; and each such selling Holder will pay to the Company and each other aforementioned Person any legal or other expenses reasonably incurred thereby in connection with investigating or defending any claim or proceeding from which Damages
may result, as such expenses are incurred; provided, however, that the indemnity agreement contained in this Section 2.8(b) shall not apply to amounts paid in settlement of any such claim or proceeding if such settlement is
effected without the consent of the Holder, which consent shall not be unreasonably withheld; and provided further that in no event shall the aggregate amounts payable by any Holder by way of indemnity or contribution under
Sections 2.8(b) and 2.8(d) exceed the proceeds from the offering received by such Holder (net of any Selling Expenses paid by such Holder), except in the case of fraud or willful misconduct by such Holder. 

(c) Promptly after receipt by an indemnified party under this Section 2.8 of notice of the commencement of any action (including
any governmental action) for which a party may be entitled to indemnification hereunder, such indemnified party will, if a claim in respect thereof is to be made against any indemnifying party under this Section 2.8, give the
indemnifying party notice of the commencement thereof. The indemnifying party shall have the right to participate in such action and, to the extent the indemnifying party so desires, participate jointly with any other indemnifying party to which
notice has been given, and to assume the defense thereof with counsel mutually satisfactory to the parties; provided, however, that an indemnified party (together with all other indemnified parties that may be represented without conflict by
one counsel) shall have the right to retain one separate counsel, with the fees and expenses to be paid by the indemnifying party, if representation of such indemnified party by the counsel retained by the indemnifying party would be inappropriate
due to actual or potential differing interests between such indemnified party and any other party represented by such counsel in such action. The failure to give notice to the indemnifying party within a reasonable time of the commencement of any
such action shall relieve such indemnifying party of any liability to the indemnified party under this Section 2.8, solely to the extent that such failure materially prejudices the indemnifying party’s ability to defend such action.
The failure to give notice to the indemnifying party will not relieve it of any liability that it may have to any indemnified party otherwise than under this Section 2.8. 

(d) To provide for just and equitable contribution to joint liability under the Securities Act in any case in which either (i) any party
otherwise entitled to indemnification hereunder makes a claim for indemnification pursuant to this Section 2.8 but it is judicially determined (by the entry of a final judgment or decree by a court of competent jurisdiction and

  
 13 

 
the expiration of time to appeal or the denial of the last right of appeal) that such indemnification may not be enforced in such case, notwithstanding the fact that this Section 2.8
provides for indemnification in such case, or (ii) contribution under the Securities Act may be required on the part of any party hereto for which indemnification is provided under this Section 2.8, then, and in each such case, such
parties will contribute to the aggregate losses, claims, damages, liabilities, or expenses to which they may be subject (after contribution from others) in such proportion as is appropriate to reflect the relative fault of each of the indemnifying
party and the indemnified party in connection with the statements, omissions, or other actions that resulted in such loss, claim, damage, liability, or expense, as well as to reflect any other relevant equitable considerations. The relative fault of
the indemnifying party and of the indemnified party shall be determined by reference to, among other things, whether the untrue or allegedly untrue statement of a material fact, or the omission or alleged omission of a material fact, relates to
information supplied by the indemnifying party or by the indemnified party and the parties’ relative intent, knowledge, access to information, and opportunity to correct or prevent such statement or omission; provided, however, that, in
any such case, (x) no Holder will be required to contribute any amount in excess of the public offering price of all such Registrable Securities offered and sold by such Holder pursuant to such registration statement, and (y) no Person
guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) will be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation; and provided further that in no
event shall a Holder’s liability pursuant to this Section 2.8(d), when combined with the amounts paid or payable by such Holder pursuant to Section 2.8(b), exceed the proceeds from the offering received by such Holder
(net of any Selling Expenses paid by such Holder), except in the case of willful misconduct or fraud by such Holder. 
 (e) Notwithstanding
the foregoing, to the extent that the provisions on indemnification and contribution contained in the underwriting agreement entered into in connection with the underwritten public offering are in conflict with the foregoing provisions, the
provisions in the underwriting agreement shall control. 
 (f) Unless otherwise superseded by an underwriting agreement entered into in
connection with the underwritten public offering, the obligations of the Company and Holders under this Section 2.8 shall survive the completion of any offering of Registrable Securities in a registration under this
Section 2, and otherwise shall survive the termination of this Agreement. 
 2.9 Reports Under Exchange Act. With a view
to making available to the Holders the benefits of SEC Rule 144 and any other rule or regulation of the SEC that may at any time permit a Holder to sell securities of the Company to the public without registration or pursuant to a registration on
Form S-3, the Company shall: 
 (a) make and keep available adequate current public information, as those terms are understood and defined
in SEC Rule 144, at all times after the effective date of the registration statement filed by the Company for the IPO; 
 (b) use
commercially reasonable efforts to file with the SEC in a timely manner all reports and other documents required of the Company under the Securities Act and the Exchange Act (at any time after the Company has become subject to such reporting
requirements); and 

  
 14 

 (c) furnish to any Holder, so long as the Holder owns any Registrable Securities, forthwith upon
request (i) to the extent accurate, a written statement by the Company that it has complied with the reporting requirements of SEC Rule 144 (at any time after ninety (90) days after the effective date of the registration statement filed by
the Company for the IPO), the Securities Act, and the Exchange Act (at any time after the Company has become subject to such reporting requirements), or that it qualifies as a registrant whose securities may be resold pursuant to Form S-3 (at any
time after the Company so qualifies); (ii) a copy of the most recent annual or quarterly report of the Company and such other reports and documents so filed by the Company; and (iii) such other information as may be reasonably requested in
availing any Holder of any rule or regulation of the SEC that permits the selling of any such securities without registration (at any time after the Company has become subject to the reporting requirements under the Exchange Act) or pursuant to Form
S-3 (at any time after the Company so qualifies to use such form). 
 2.10 Limitations on Subsequent Registration Rights. From and
after the date of this Agreement, the Company shall not, without the prior written consent of the Required Holders, enter into any agreement with any holder or prospective holder of any securities of the Company that (i) would allow such holder
or prospective holder to include such securities in any registration unless, under the terms of such agreement, such holder or prospective holder may include such securities in any such registration only to the extent that the inclusion of such
securities will not reduce the number of the Investor Registrable Securities that are included or (ii) allow such holder or prospective holder to initiate a demand for registration of any securities held by such holder or prospective holder;
provided that this limitation shall not apply to any additional Investor who becomes a party to this Agreement in accordance with Section 6.9. 

2.11 “Market Stand-off” Agreement. Each Holder hereby agrees that it will not, without the prior written consent of the
managing underwriter, during the period commencing on the date of the final prospectus relating to the registration by the Company of shares of its Common Stock or any other equity securities under the Securities Act on a registration statement on
Form S-1 or Form S-3, and ending on the date specified by the Company and the managing underwriter (such period not to exceed one hundred eighty (180) days, or such other period as may be requested by the Company or an underwriter to
accommodate regulatory restrictions on (1) the publication or other distribution of research reports and (2) analyst recommendations and opinions, including, but not limited to, the restrictions contained in FINRA Rule 2711(f)(4) or NYSE
Rule 472(f)(4), or any successor provisions or amendments thereto), (i) lend; offer; pledge; sell; contract to sell; sell any option or contract to purchase; purchase any option or contract to sell; grant any option, right, or warrant to
purchase; or otherwise transfer or dispose of, directly or indirectly, any shares of Common Stock or any securities convertible into or exercisable or exchangeable (directly or indirectly) for Common Stock held immediately before the effective date
of the registration statement for such offering or (ii) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of such securities, whether any such transaction
described in clause (i) or (ii) above is to be settled by delivery of Common Stock or other securities, in cash, or otherwise. The foregoing provisions of this Section 2.11 shall apply only to the IPO, shall not

  
 15 

 
apply to the sale of any shares to an underwriter pursuant to an underwriting agreement or the transfer of any shares to any trust for the direct or indirect benefit of the Holder or the
immediate family of the Holder, provided that the trustee of the trust agrees to be bound in writing by the restrictions set forth herein, and provided further that any such transfer shall not involve a disposition for value, and shall be applicable
to the Holders only if all officers and directors are subject to the same restrictions and the Company uses commercially reasonable efforts to obtain a similar agreement from all stockholders individually owning more than one percent (1%) of
the Company’s outstanding Common Stock (after giving effect to conversion into Common Stock of all outstanding Preferred Stock). The underwriters in connection with such registration are intended third-party beneficiaries of this
Section 2.11 and shall have the right, power, and authority to enforce the provisions hereof as though they were a party hereto. Each Holder further agrees to execute such agreements as may be reasonably requested by the underwriters in
connection with such registration that are consistent with this Section 2.11 or that are necessary to give further effect thereto. Any discretionary waiver or termination of the restrictions of any or all of such agreements by the
Company or the underwriters shall apply pro rata to all Holders subject to such agreements, based on the number of shares subject to such agreements. 

2.12 Restrictions on Transfer. 

(a) The Preferred Stock and the Registrable Securities shall not be sold, pledged, or otherwise transferred, and the Company shall not
recognize and shall issue stop-transfer instructions to its transfer agent with respect to any such sale, pledge, or transfer, except upon the conditions specified in this Agreement, which conditions are intended to ensure compliance with the
provisions of the Securities Act. A transferring Holder will cause any proposed purchaser, pledgee, or transferee of the Preferred Stock and the Registrable Securities held by such Holder to agree to take and hold such securities subject to the
provisions and upon the conditions specified in this Agreement. 
 (b) Each certificate or instrument representing (i) the Preferred
Stock, (ii) the Registrable Securities, and (iii) any other securities issued in respect of the securities referenced in clauses (i) and (ii), upon any stock split, stock dividend, recapitalization, merger, consolidation, or similar
event, shall (unless otherwise permitted by the provisions of Section 2.12(c)) be stamped or otherwise imprinted with a legend substantially in the following form: 

THE SECURITIES REPRESENTED HEREBY HAVE BEEN ACQUIRED FOR INVESTMENT AND HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF
1933. SUCH SHARES MAY NOT BE SOLD, PLEDGED, OR TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR A VALID EXEMPTION FROM THE REGISTRATION AND PROSPECTUS DELIVERY REQUIREMENTS OF SAID ACT. 

THE SECURITIES REPRESENTED HEREBY MAY BE TRANSFERRED ONLY IN ACCORDANCE WITH THE TERMS OF AN AGREEMENT BETWEEN THE COMPANY AND
THE STOCKHOLDER, A COPY OF WHICH IS ON FILE WITH THE SECRETARY OF THE COMPANY. 

  
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 The Holders consent to the Company making a notation in its records and giving instructions to
any transfer agent of the Restricted Securities in order to implement the restrictions on transfer set forth in this Section 2.12. 

(c) The holder of each certificate representing Restricted Securities, by acceptance thereof, agrees to comply in all respects with the
provisions of this Section 2. Before any proposed sale, pledge, or transfer of any Restricted Securities, unless there is in effect a registration statement under the Securities Act covering the proposed transaction, the Holder thereof
shall give notice to the Company of such Holder’s intention to effect such sale, pledge, or transfer. Each such notice shall describe the manner and circumstances of the proposed sale, pledge, or transfer in sufficient detail and, if reasonably
requested by the Company, shall be accompanied at such Holder’s expense by either (i) a written opinion of legal counsel who shall, and whose legal opinion shall, be reasonably satisfactory to the Company, addressed to the Company, to the
effect that the proposed transaction may be effected without registration under the Securities Act; (ii) a “no action” letter from the SEC to the effect that the proposed sale, pledge, or transfer of such Restricted Securities without
registration will not result in a recommendation by the staff of the SEC that action be taken with respect thereto; or (iii) any other evidence reasonably satisfactory to counsel to the Company to the effect that the proposed sale, pledge, or
transfer of the Restricted Securities may be effected without registration under the Securities Act, whereupon the Holder of such Restricted Securities shall be entitled to sell, pledge, or transfer such Restricted Securities in accordance with the
terms of the notice given by the Holder to the Company. The Company will not require such a legal opinion or “no action” letter (x) in any transaction in compliance with SEC Rule 144 or (y) in any transaction in which such Holder
distributes Restricted Securities to an Affiliate of such Holder for no consideration; provided that each transferee agrees in writing to be subject to the terms of this Section 2.12. Each certificate or instrument evidencing the
Restricted Securities transferred as above provided shall bear, except if such transfer is made pursuant to SEC Rule 144, the appropriate restrictive legend set forth in Section 2.12(b), except that such certificate shall not bear such
restrictive legend if, in the opinion of counsel for such Holder and the Company, such legend is not required in order to establish compliance with any provisions of the Securities Act. 

2.13 Termination of Registration Rights. The right of any Holder to request registration or inclusion of Registrable Securities in any
registration pursuant to Section 2.1 or Section 2.2 shall terminate at such time as Rule 144 or another similar exception under the Securities Act is available for the sale of all such Holder’s shares without limitation
during any and all three-month periods without registration, or, if earlier, (i) the closing of a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, in which the proceeds are distributed in
accordance with Article Four, Part B, Section 2 of the Company’s Certificate of Incorporation or (ii) the seventh anniversary of the IPO. 

3. Information Rights. 
 3.1 Delivery
of Financial Statements. The Company shall deliver to each 5% Holder: 
 (a) as soon as available, but not later than thirty
(30) days after the end of each fiscal month, a consolidated balance sheet of the Company as of the end of such period and consolidated statements of income and cash flows of the Company for such period; 

  
 17 

 (b) as soon as available, but not later than forty five (45) days after the end of each
quarterly accounting period, a consolidated balance sheet of the Company as of the end of such period and consolidated statements of income, cash flows and changes in equity interests for such quarterly accounting period and for the period
commencing at the end of the previous fiscal year and ending with the end of such period, setting forth in each case in comparative form the corresponding figures for the corresponding period of the preceding fiscal year, and including comparisons
to the budget or business plan, all prepared in accordance with GAAP, subject to normal year-end adjustments and the absence of footnote disclosure; 

(c) as soon as available after the end of each fiscal year of the Company, audited consolidated financial statements of the Company, which
shall include statements of income, cash flows and changes in equity interests for such fiscal year and a balance sheet as of the last day thereof, each prepared in accordance with GAAP, and accompanied by the report of a firm of independent
certified public accountants selected by the Board of Directors (the “Accountants”). The Company and its subsidiaries shall maintain a system of accounting sufficient to enable its Accountants to render the report referred to in
this Section 3.1(c); 
 (d) as soon as available, an annual budget and operating plan for such fiscal year together with
management’s written discussion and analysis of such budget. The budget shall be accepted as the budget for the Company for such fiscal year when it has been approved by the Board of Directors. Management shall review the budget quarterly and
shall advise each 5% Holder entitled to receive the annual budget at such time and the Board of Directors of all material changes therein, and all material deviations therefrom; 

(e) with respect to the financial statements called for in Section 3.1(b) an instrument executed by the chief financial officer
and chief executive officer of the Company certifying that such financial statements were prepared in accordance with GAAP consistently applied with prior practice for earlier periods (except as otherwise set forth in Section 3.1(b)) and
fairly present the financial condition of the Company and its results of operation for the periods specified therein; and 
 (f) such other
information relating to the financial condition, business, prospects, or corporate affairs of the Company as any 5% Holder may from time to time reasonably request; provided, however, that the Company shall not be obligated under this
Section 3.1 to provide information (i) that the Company reasonably determines in good faith to be a trade secret or confidential information (unless covered by an enforceable confidentiality agreement, in form acceptable to the
Company) or (ii) the disclosure of which would adversely affect the attorney-client privilege between the Company and its counsel. 

If, for any period, the Company has any subsidiary whose accounts are consolidated with those of the Company, then in respect of such period
the financial statements delivered pursuant to the foregoing sections shall be the consolidated and consolidating financial statements of the Company and all such consolidated subsidiaries. 

Notwithstanding anything else in this Section 3.1 to the contrary, the Company may cease providing the information set forth in
this Section 3.1 during the period starting with the date thirty (30) days before the Company’s good-faith estimate of the date of filing of a 

  
 18 

 
registration statement if it reasonably concludes it must do so to comply with the SEC rules applicable to such registration statement and related offering; provided that the Company’s
covenants under this Section 3.1 shall be reinstated at such time as the Company is no longer actively employing its commercially reasonable efforts to cause such registration statement to become effective. 

3.2 Reportable Events. The Company shall provide notice of a Reportable Event (as hereinafter defined) as soon as possible and in any
event no later than five (5) business days following the occurrence of said event to each 5% Holder. The following events shall be “Reportable Events”: 

(a) receipt by the Company or any of its subsidiaries of an offer to buy a controlling interest in the equity of the Company or any of its
subsidiaries or a significant amount of the Company’s or any of its subsidiaries’ assets; 
 (b) receipt by the Company or any of
its subsidiaries of notice of the resignation or, subject to applicable laws, serious illness of the Chief Executive Officer, the President, the Chief Financial Officer or the Chief Operating Officer of the Company or any of its subsidiaries; 

(c) the commencement of any lawsuit involving the Company or any of its subsidiaries which, in the case of a lawsuit involving claims for
damages, the aggregate of such claims is in excess of one hundred thousand dollars ($100,000); 
 (d) the receipt by the Company of a notice
that the Company or any of its subsidiaries is in default under any loan agreement to which the Company or any of its subsidiaries is a party; and 

(e) the existence of any known material default by the Company under the Transaction Documents (as defined in the Purchase Agreement). 

3.3 Access to Records. The Company shall, and shall cause each subsidiary, to afford each 5% Holder, and each of their respective
officers, employees, advisors, counsel and other authorized representatives, reasonable access during normal business hours, upon reasonable advance notice, to all of the books, records and properties of the Company and its subsidiaries and to all
officers and employees of the Company and such Subsidiaries. 
 3.4 Termination of Information Rights. The covenants set forth in
Section 3.1, Section 3.2, and Section 3.3 shall terminate and be of no further force or effect with respect to any Investor who is a Competitor and generally (i) immediately before the consummation of the
IPO, (ii) when the Company first becomes subject to the periodic reporting requirements of Section 12(g) or 15(d) of the Exchange Act, or (iii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate
of Incorporation, in which the proceeds are distributed in accordance with Article Four, Part B, Section 2 of the Company’s Certificate of Incorporation, whichever event occurs first. 

3.5 Confidentiality. Each Investor and Other Holder agrees that he, she or it will keep confidential and will not disclose, divulge, or
use for any purpose (other than to monitor his, her or its 

  
 19 

 
investment in the Company) any confidential information obtained from the Company pursuant to the terms of this Agreement (including notice of the Company’s intention to file a registration
statement), unless such confidential information (a) is known or becomes known to the public in general (other than as a result of a breach of this Section 3.5 by such Investor or Other Holder), (b) is or has been independently
developed or conceived by the Investor or Other Holder without use of the Company’s confidential information, or (c) is or has been made known or disclosed to the Investor or Other Holder by a third party without a breach of any obligation
of confidentiality such third party may have to the Company; provided, however that an Investor or Other Holder may disclose confidential information (i) to its attorneys, accountants, consultants, and other professionals to the extent
necessary to obtain their services in connection with monitoring his, her or its investment in the Company; (ii) to any prospective purchaser of any Registrable Securities from such Investor or Other Holder who is not a Competitor, if such
prospective purchaser agrees to be bound by the provisions of this Section 3.5; (iii) to any prospective or existing Affiliate, partner, member, stockholder, or wholly owned subsidiary of such Investor or Other Holder who is not a
Competitor in the ordinary course of business, provided that such Investor or Other Holder informs such Person that such information is confidential and directs such Person to maintain the confidentiality of such information; or (iv) as
may otherwise be required by law, provided that the Investor or Other Holder promptly notifies the Company of such disclosure and takes reasonable steps to minimize the extent of any such required disclosure. 

4. Rights to Future Stock Issuances. 

4.1 Right of First Offer. Subject to the terms and conditions of this Section 4.1 and applicable securities laws, if the
Company proposes to offer or sell any New Securities, the Company shall first offer such New Securities to each Major Investor. A Major Investor shall be entitled to apportion the right of first offer hereby granted to it in such proportions as it
deems appropriate, among (i) itself, (ii) its Affiliates and (iii) its beneficial interest holders, such as limited partners, members or any other Person having “beneficial ownership,” as such term is defined in Rule 13d-3
promulgated under the Exchange Act, of such Major Investor (“Investor Beneficial Owners”); provided that, each such Affiliate or Investor Beneficial Owner: (x) is not a Competitor or FOIA Party, unless such party’s
purchase of New Securities is otherwise consented to by the Board of Directors and each other Major Investor, (y) agrees to enter into this Agreement and each of the Amended and Restated Voting Agreement and Amended and Restated Right of First
Refusal and Co-Sale Agreement of even date herewith among the Company, the Investors and the other parties named therein, as an “Investor” under each such agreement (provided that, any Competitor or FOIA Party shall not be entitled
to any rights as a 5% Holder or a Major Investor under Sections 3.1, 3.2, 3.3 and 4.1 hereof, as applicable), and (z) agrees to purchase at least such number of New Securities as are allocable hereunder to the Major Investor holding the fewest
number of Preferred Stock and any other Derivative Securities. 
 (a) The Company shall give notice (the “Offer Notice”) to
each Major Investor, stating (i) its bona fide intention to offer such New Securities, (ii) the number of such New Securities to be offered, and (iii) the price and terms, if any, upon which it proposes to offer such New Securities.

 (b) By notification to the Company within twenty (20) days after the Offer Notice is given, each Major Investor may elect to
purchase or otherwise acquire, at the price and on the terms specified in the Offer Notice, up to that portion of such New Securities which 

  
 20 

 
equals the proportion that the Common Stock issued and held, or issuable (directly or indirectly) upon conversion and/or exercise, as applicable, of the Preferred Stock and any other Derivative
Securities then held, by such Major Investor bears to the total Common Stock of the Company then outstanding (assuming full conversion and/or exercise, as applicable, of all Preferred Stock and other Derivative Securities). At the expiration of such
twenty (20) day period, the Company shall promptly notify each Major Investor that elects to purchase or acquire all the shares available to it (each, a “Fully Exercising Investor”) of any other Major Investor’s failure to
do likewise. During the ten (10) day period commencing after the Company has given such notice, each Fully Exercising Investor may, by giving notice to the Company, elect to purchase or acquire, in addition to the number of shares specified
above, up to that portion of the New Securities for which Major Investors were entitled to subscribe but that were not subscribed for by the Major Investors which is equal to the proportion that the Common Stock issued and held, or issuable
(directly or indirectly) upon conversion and/or exercise, as applicable, of Preferred Stock and any other Derivative Securities then held, by such Fully Exercising Investor bears to the Common Stock issued and held, or issuable (directly or
indirectly) upon conversion and/or exercise, as applicable, of the Preferred Stock and any other Derivative Securities then held, by all Fully Exercising Investors who wish to purchase such unsubscribed shares. The closing of any sale pursuant to
this Section 4.1(b) shall occur within the later of ninety (90) days of the date that the Offer Notice is given and the date of initial sale of New Securities pursuant to Section 4.1(c). 

(c) If all New Securities referred to in the Offer Notice are not elected to be purchased or acquired as provided in
Section 4.1(b), the Company may, during the ninety (90)-day period following the expiration of the periods provided in Section 4.1(b), offer and sell the remaining unsubscribed portion of such New Securities to any Person or
Persons at a price not less than, and upon terms no more favorable to the offeree than, those specified in the Offer Notice. If the Company does not enter into an agreement for the sale of the New Securities within such period, or if such agreement
is not consummated within thirty (30) days of the execution thereof, the right provided hereunder shall be deemed to be revived and such New Securities shall not be offered unless first reoffered to the Major Investors in accordance with this
Section 4.1. 
 (d) The right of first offer in this Section 4.1 shall not be applicable to (i) Exempted
Securities; and (ii) shares of Common Stock issued in the IPO. 
 (e) Notwithstanding any provision hereof to the contrary, in lieu of
complying with the provisions of this Section 4.1, the Company may elect to give notice to the Major Investors within thirty (30) days after the issuance of New Securities. Such notice shall describe the type, price, and terms of
the New Securities. Each Major Investor shall have twenty (20) days from the date notice is given to elect to purchase up to the number of New Securities that would, if purchased by such Major Investor, maintain such Major Investor’s
percentage-ownership position, calculated as set forth in Section 4.1(b) before giving effect to the issuance of such New Securities. The closing of such sale shall occur within sixty (60) days of the date notice is given to the
Major Investors. 
 4.2 Termination. The covenants set forth in Subsection 4.1 shall terminate and be of no further force or
effect (i) immediately before but subject to the closing of the consummation 

  
 21 

 
of the IPO, or (ii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, in which the proceeds are distributed in accordance with
Article Four, Part B, Section 2 of the Company’s Certificate of Incorporation, whichever event occurs first. 
 5. Additional Covenants.

 5.1 Successor Indemnification. If the Company or any of its successors or assignees consolidates with or merges into any other
Person and is not the continuing or surviving corporation or entity of such consolidation or merger, then to the extent necessary, proper provision shall be made so that the successors and assignees of the Company assume the obligations of the
Company with respect to indemnification of members of the Board of Directors as in effect immediately before such transaction, whether such obligations are contained in the Company’s Bylaws, its Certificate of Incorporation, or elsewhere, as
the case may be. 
 5.2 Expenses of Counsel. In the event of a transaction which is a Sale (as defined in the Amended and Restated
Voting Agreement of even date herewith among the Investors and the Company), the reasonable fees and disbursements of one counsel for the Major Investors (“Investor Counsel”), in their capacities as stockholders, shall be borne and
paid by the Company up to an aggregate of $50,000. At the outset of considering a transaction which, if consummated would constitute a Sale, the Company shall obtain the ability to share with the Investor Counsel (and such counsel’s clients)
and shall share the confidential information (including without limitation the initial and all subsequent drafts of memoranda of understanding, letters of intent and other transaction documents and related noncompete, employment, consulting and
other compensation agreements and plans) pertaining to and memorializing any of the transactions which, individually or when aggregated with others would constitute the Sale. The Company shall be obligated to share (and cause the Company’s
counsel and investment bankers to share) such materials when distributed to the Company’s executives and/or any one or more of the other parties to such transaction(s). In the event that Investor Counsel deems it appropriate, in its reasonable
discretion, to enter into a joint defense agreement or other arrangement to enhance the ability of the parties to protect their communications and other reviewed materials under the attorney client privilege, the Company shall, and shall direct its
counsel to, execute and deliver to Investor Counsel and its clients such an agreement in form and substance reasonably acceptable to Investor Counsel. In the event that one or more of the other party or parties to such transactions require the
clients of Investor Counsel to enter into a confidentiality agreement and/or joint defense agreement in order to receive such information, then the Company shall share whatever information can be shared without entry into such agreement and shall,
at the same time, in good faith work expeditiously to enable Investor Counsel and its clients to negotiate and enter into the appropriate agreement(s) without undue burden to the clients of Investor Counsel. 

5.3 Termination of Covenants. The covenants set forth in this Section 5, except for Section 5.1, shall
terminate and be of no further force or effect (i) immediately before the consummation of the IPO or (ii) upon a Deemed Liquidation Event, as such term is defined in the Company’s Certificate of Incorporation, in which the proceeds
are distributed in accordance with Article Four, Part B, Section 2 of the Company’s Certificate of Incorporation, whichever event occurs first. 

  
 22 

 6. Miscellaneous. 

6.1 Successors and Assigns. The rights under this Agreement may be assigned (but only with all related obligations) by a Holder to a
transferee of Registrable Securities that (i) is an Affiliate of a Holder; (ii) is a Holder’s Immediate Family Member or trust for the benefit of an individual Holder or one or more of such Holder’s Immediate Family Members; or
(iii) after such transfer, holds at least 1,000,000 shares of Registrable Securities (subject to appropriate adjustment for stock splits, stock dividends, combinations, and other recapitalizations); provided, however, that (x) the Company
is, within a reasonable time after such transfer, furnished with written notice of the name and address of such transferee and the Registrable Securities with respect to which such rights are being transferred; and (y) such transferee agrees in
a written instrument delivered to the Company to be bound by and subject to the terms and conditions of this Agreement, including the provisions of Section 2.11. For the purposes of determining the number of shares of Registrable
Securities held by a transferee, the holdings of a transferee (1) that is an Affiliate or stockholder of a Holder; (2) who is a Holder’s Immediate Family Member; or (3) that is a trust for the benefit of an individual Holder or
such Holder’s Immediate Family Member shall be aggregated together and with those of the transferring Holder; provided further that all transferees who would not qualify individually for assignment of rights shall have a single attorney-in-fact
for the purpose of exercising any rights, receiving notices, or taking any action under this Agreement. The terms and conditions of this Agreement inure to the benefit of and are binding upon the respective successors and permitted assignees of the
parties. Nothing in this Agreement, express or implied, is intended to confer upon any party other than the parties hereto or their respective successors and permitted assignees any rights, remedies, obligations or liabilities under or by reason of
this Agreement, except as expressly provided herein. 
 6.2 Governing Law. This Agreement shall be governed by the internal law of
the State of Delaware without giving effect to any choice of law or conflict of law rules or provisions that would cause the application of the laws of any jurisdiction other than the State of Delaware. 

6.3 Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of
which together shall constitute one and the same instrument. Counterparts may be delivered via facsimile, electronic mail (including pdf) or other transmission method and any counterpart so delivered shall be deemed to have been duly and validly
delivered and be valid and effective for all purposes. 
 6.4 Titles and Subtitles. The titles and subtitles used in this Agreement
are for convenience only and are not to be considered in construing or interpreting this Agreement. 
 6.5 Notices. All notices,
requests, demands, claims, and other communications hereunder shall be in writing. Any notice, request, demand, claim, or other communication hereunder shall be deemed duly given (i) when delivered personally to the recipient, (ii) one
(1) business day after being sent to the recipient by reputable overnight courier service (charges prepaid), (iii) one (1) business day after being sent to the recipient by facsimile transmission or

  
 23 

 
electronic mail, or (iv) four (4) business days after being mailed to the recipient by certified or registered mail, return receipt requested and postage prepaid, and addressed to the
intended recipient as set forth below: 
 If to an Other Holder or Investor (other than a Bain Holder or a TCV Holder) at its address set
forth on Schedule A or Schedule B hereto. 
 If to a Bain Holder: 

Bain Capital, LLC 
 John Hancock
Tower 
 200 Clarendon Street 

Boston, MA 02116 
 Attention:
Benjamin Nye 
 Facsimile No: (617) 516-2744 

Email: bnye@baincapital.com 
 with
a copy to: 
 Ropes & Gray LLP 

Prudential Tower 
 800 Boylston
Street 
 Boston, MA 02199-3600 

Attention: Joel F. Freedman, Esq. 

Facsimile No.: (617) 951-7050 

Email: joel.freedman@ropesgray.com 

If to a TCV Holder: 
 Technology
Crossover Ventures 
 528 Ramona Street 

Palo Alto, CA 94301 
 Attention:
Frederic D. Fenton 
 Facsimile No: (650) 614-8222 

Email: rfenton@tcv.com 
 with a
copy to: 
 Kirkland & Ellis LLP 

300 North LaSalle Street 

Chicago, IL 60654 
 Attention:
Stephen L. Ritchie, P.C. 
 Facsimile No: (312) 862-2200 

Email: stephen.ritchie@kirkland.com 

  
 24 

 If to the Company: 

Rapid7, Inc. 
 100 Summer Street

 13th Floor 
 Boston, MA 02110

 Attn: Peter Kaes, VP Legal 

Facsimile: (617) 507-6488 

Email: Peter_Kaes@rapid7.com 

with a copy to: 
 Cooley LLP 

500 Boylston Street 
 Boston, MA
02135 
 Attention: Nicole Brookshire, Esq. 

Facsimile No: (617) 937-2400 

Email: nbrookshire@cooley.com 
 Any party may
change the address to which notices, requests, demands, claims, and other communications hereunder are to be delivered by giving the other parties notice in the manner herein set forth. 

6.6 Amendments and Waivers. This Agreement may be altered, amended, modified, terminated, repealed, eliminated, nullified and the
observance of any term hereof may be waived (either generally or in a particular instance, and either retroactively or prospectively) only with the written consent of the Company, the Required Holders and the holders of a majority of the Registrable
Securities then outstanding; provided that the Company may in its sole discretion waive compliance with Section 2.12(c) (and the Company’s failure to object promptly in writing after notification of a proposed assignment
allegedly in violation of Section 2.12(c) shall be deemed to be a waiver); and provided further that any provision hereof may be waived by any waiving party on such party’s own behalf, without the consent of any other party.
Notwithstanding the foregoing, this Agreement may not be amended or terminated and the observance of any term hereof may not be waived with respect to any Investor without the written consent of such Investor, unless such amendment, termination, or
waiver applies to all Investors in the same fashion (it being agreed that a waiver of the provisions of Section 4 with respect to a particular transaction shall be deemed to apply to all Investors in the same fashion if such waiver does
so by its terms, notwithstanding the fact that certain Investors may nonetheless, by agreement with the Company, purchase securities in such transaction). Further, this Agreement may not be amended, and no provision hereof may be waived, in each
case, in any way which would adversely affect the rights of the Other Holders hereunder in a manner disproportionate to any adverse effect such amendment or waiver would have on the rights of the Investors hereunder, without also the written consent
of the holders of at least a majority of the Registrable Securities held by the Other Holders. Any amendment, termination, or waiver effected in accordance with this Section 6.6 shall be binding on all parties hereto, regardless of
whether any such party has consented thereto. No waivers of or exceptions to any term, condition, or provision of this Agreement, in any one or more instances, shall be deemed to be or construed as a further or continuing waiver of any such term,
condition, or provision. 
 6.7 Severability. In case any one or more of the provisions contained in this Agreement is for any reason
held to be invalid, illegal or unenforceable in any respect, such 

  
 25 

 
invalidity, illegality, or unenforceability shall not affect any other provision of this Agreement, and such invalid, illegal, or unenforceable provision shall be reformed and construed so that
it will be valid, legal, and enforceable to the maximum extent permitted by law. 
 6.8 Aggregation of Stock. All shares of
Registrable Securities held or acquired by Affiliates shall be aggregated together for the purpose of determining the availability of any rights under this Agreement and such Affiliated persons may apportion such rights as among themselves in any
manner they deem appropriate. 
 6.9 Additional Investors. Notwithstanding anything to the contrary contained herein, if the Company
issues additional shares of the Company’s Preferred Stock after the date hereof, any purchaser of such shares of Preferred Stock may become a party to this Agreement by executing and delivering an additional counterpart signature page to this
Agreement, and thereafter shall be deemed an “Investor” for all purposes hereunder. No action or consent by the Investors shall be required for such joinder to this Agreement by such additional Investor, so long as such additional Investor
has agreed in writing to be bound by all of the obligations as an “Investor” hereunder. 
 6.10 Entire Agreement. This
Agreement (including any Schedules and Exhibits hereto) constitutes the full and entire understanding and agreement among the parties with respect to the subject matter hereof, and any other written or oral agreement relating to the subject matter
hereof existing between the parties is expressly canceled. 
 6.11 Dispute Resolution. Any suit, action or proceeding seeking to
enforce any provision of, or based on any matter arising out of or in connection with, this Agreement or the transactions contemplated hereby shall be brought in any federal or state court located in the State of Delaware, and each of the parties
hereby consents to the jurisdiction of such courts (and of the appropriate appellate courts therefrom) in any such suit, action or proceeding and irrevocably waives, to the fullest extent permitted by law, any objection which it may now or hereafter
have to the laying of the venue of any such suit, action or proceeding in any such court or that any such suit, action or proceeding which is brought in any such court has been brought in an inconvenient forum. Process in any such suit, action or
proceeding may be served on any party anywhere in the world, whether within or without the jurisdiction of any such court. Without limiting the foregoing, each party agrees that service of process on such party as provided in Section 6.5
shall be deemed effective service of process on such party. 
 WAIVER OF JURY TRIAL: TO THE EXTENT NOT PROHIBITED BY APPLICABLE LAW WHICH
CANNOT BE WAIVED, THE STOCKHOLDERS AND THE COMPANY HEREBY WAIVE, AND COVENANT THAT NEITHER THE COMPANY NOR THE STOCKHOLDERS WILL ASSERT, ANY RIGHT TO TRIAL BY JURY ON ANY ISSUE IN ANY PROCEEDING, WHETHER AS PLAINTIFF, DEFENDANT OR OTHERWISE, IN
RESPECT OF ANY ISSUE, CLAIM, DEMAND, ACTION OR CAUSE OF ACTION ARISING OUT OF OR BASED UPON THIS AGREEMENT, ANY OTHER AGREEMENT OR THE SUBJECT MATTER HEREOF OR THEREOF OR IN ANY WAY CONNECTED WITH, RELATED OR INCIDENTAL TO THE DEALINGS OF THE
STOCKHOLDERS AND THE COMPANY HEREUNDER OR THEREUNDER, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING AND WHETHER IN TORT OR CONTRACT OR OTHERWISE. 

  
 26 

 6.12 Delays or Omissions. No delay or omission to exercise any right, power, or remedy
accruing to any party under this Agreement, upon any breach or default of any other party under this Agreement, shall impair any such right, power, or remedy of such nonbreaching or nondefaulting party, nor shall it be construed to be a waiver of or
acquiescence to any such breach or default, or to any similar breach or default thereafter occurring, nor shall any waiver of any single breach or default be deemed a waiver of any other breach or default theretofore or thereafter occurring. All
remedies, whether under this Agreement or by law or otherwise afforded to any party, shall be cumulative and not alternative. 
 6.13
Acknowledgment. The Company acknowledges that the Investors are in the business of venture capital investing and therefore review the business plans and related proprietary information of many enterprises, including enterprises which may have
products or services which compete directly or indirectly with those of the Company. Nothing in this Agreement shall preclude or in any way restrict the Investors from investing or participating in any particular enterprise whether or not such
enterprise has products or services which compete with those of the Company. 
 6.14 Waiver of Right to Future Stock Issuances. The
Prior Investors, representing the Required Holders (as defined in the Prior Rights Agreement) and the holders of a majority of the Registrable Securities (as defined in the Prior Rights Agreement) then outstanding hereby waive the right to future
stock issuances granted pursuant to Section 4 of the Prior Rights Agreement solely with respect to the sale and issuance of the Series D Preferred Stock pursuant to the Purchase Agreement, together with all notice requirements in connection
therewith. 
 [Remainder of Page Intentionally Left Blank] 

  
 27 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

  

			
	RAPID7, INC.
		
	By:		 /s/ Corey E. Thomas

	Name:		Corey E. Thomas
	Title:		President and Chief Executive Officer

  
 SIGNATURE
PAGE TO RAPID7, INC. AMENDED AND RESTATED INVESTORS’ RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

  

					
	INVESTORS:
	
	BAIN CAPITAL VENTURE FUND 2007, L.P.
		
	By:		Bain Capital Venture Partners, L.P.,
			its general partner
		
	By:		Bain Capital Investors, LLC
			its general partner
		
	By:		 /s/ J. Benjamin Nye

			Name:		J. Benjamin Nye 
			Title:		Authorized Person
	
	BCIP VENTURE ASSOCIATES
		
	By:		Bain Capital Investors, LLC,
			its managing partner
		
	By:		Bain Capital Venture Investors, LLC
			its Attorney-in-fact
		
	By:		 /s/ J. Benjamin Nye 

			Name:		
			Title:		Authorized Person
	
	BCIP VENTURE ASSOCIATES -B
		
	By:		Bain Capital Investors, LLC,
			its managing partner
		
	By:		Bain Capital Venture Investors, LLC
			its Attorney-in-fact
		
	By:		 /s/ J. Benjamin Nye 

			Name:		
			Title:		Authorized Person

  
 SIGNATURE
PAGE TO RAPID7, INC. AMENDED AND RESTATED INVESTORS’ RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

  

					
	INVESTORS:
	
	TCV VII, L.P.
		
	By:		Technology Crossover Management VII, L.P.
	Its:		General Partner
		
	By:		Technology Crossover Management VII, Ltd.
	Its:		General Partner
		
	By:		 /s/ Frederic D. Fenton

	Name:		Frederic D. Fenton
	Title:		Authorized Signatory
	
	TCV VII (A), L.P.
		
	By:		Technology Crossover Management VII, L.P.
	Its:		General Partner
		
	By:		Technology Crossover Management VII, Ltd.
	Its:		General Partner
		
	By:		 /s/ Frederic D. Fenton

	Name:		Frederic D. Fenton
	Title:		Authorized Signatory
	
	TCV MEMBER FUND, L.P.
		
	By:		Technology Crossover Management VII, Ltd.
	Its:		General Partner
		
	By:		 /s/ Frederic D. Fenton

	Name:		Frederic D. Fenton
	Title:		Authorized Signatory

  
 SIGNATURE
PAGE TO RAPID7, INC. AMENDED AND RESTATED INVESTORS’ RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

  

			
	OTHER HOLDERS:
		
	Signature:		 /s/ Corey E. Thomas

	Name:		Corey E. Thomas

  
 SIGNATURE
PAGE TO RAPID7, INC. AMENDED AND RESTATED INVESTORS’ RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

  

			
	OTHER HOLDERS:
		
	Signature:		 /s/ Alan Matthews

	Name:		Alan Matthews

  
 SIGNATURE
PAGE TO RAPID7, INC. AMENDED AND RESTATED INVESTORS’ RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

  

			
	OTHER HOLDERS:
		
	Signature:		 /s/ John Devine

	Name:		John Devine

  
 SIGNATURE
PAGE TO RAPID7, INC. AMENDED AND RESTATED INVESTORS’ RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

  

			
	OTHER HOLDERS:
		
	Signature:		 /s/ Steven Gatoff

	Name:		Steven Gatoff

  
 SIGNATURE
PAGE TO RAPID7, INC. AMENDED AND RESTATED INVESTORS’ RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

  

			
	OTHER HOLDERS:
		
	Signature:		 /s/ Peter Kaes

	Name:		Peter Kaes

  
 SIGNATURE
PAGE TO RAPID7, INC. AMENDED AND RESTATED INVESTORS’ RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

  

			
	OTHER HOLDERS:
		
	Signature:		 /s/ HD Moore

	Name:		HD Moore

  
 SIGNATURE
PAGE TO RAPID7, INC. AMENDED AND RESTATED INVESTORS’ RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

  

			
	OTHER HOLDERS:
		
	Signature:		 /s/ Josh Feinblum

	Name:		Josh Feinblum

  
 SIGNATURE
PAGE TO RAPID7, INC. AMENDED AND RESTATED INVESTORS’ RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

  

			
	OTHER HOLDERS:
		
	Signature:		 /s/ Natalia Flano

	Name:		Natalia Flano

  
 SIGNATURE
PAGE TO RAPID7, INC. AMENDED AND RESTATED INVESTORS’ RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

  

			
	OTHER HOLDERS:
		
	Signature:		 /s/ Richard Moseley

	Name:		Richard Moseley

  
 SIGNATURE
PAGE TO RAPID7, INC. AMENDED AND RESTATED INVESTORS’ RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

  

			
	OTHER HOLDERS:
		
	Signature:		 /s/ Anitha Gopalan

	Name:		Anitha Gopalan

  
 SIGNATURE
PAGE TO RAPID7, INC. AMENDED AND RESTATED INVESTORS’ RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

  

			
	OTHER HOLDERS:
		
	Signature:		 /s/ Michael McKee

	Name:		Michael McKee

  
 SIGNATURE
PAGE TO RAPID7, INC. AMENDED AND RESTATED INVESTORS’ RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

  

			
	OTHER HOLDERS:
		
	Signature:		 /s/ Alex Sukennik

	Name:		Alex Sukennik

  
 SIGNATURE
PAGE TO RAPID7, INC. AMENDED AND RESTATED INVESTORS’ RIGHTS AGREEMENT 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

  

			
	OTHER HOLDERS:
		
	Signature:		 /s/ Todd Lefkowitz

	Name:		Todd Lefkowitz

  
 SIGNATURE
PAGE TO RAPID7, INC. AMENDED AND RESTATED INVESTORS’ RIGHTS AGREEMENT 

 SCHEDULE A 

Investors 
 Name and Address

 TCV Holders: 
 TCV
VII, L.P. 
 528 Ramona Street 

Palo Alto, CA 94301 
 TCV VII
(A), L.P. 
 528 Ramona Street 

Palo Alto, CA 94301 
 TCV
MEMBER FUND, L.P. 
 528 Ramona Street 

Palo Alto, CA 94301 
 Bain Holders:

 Bain Capital Venture Fund 2007, L.P. 

c/o Bain Capital Ventures 
 John
Hancock Tower 
 200 Clarendon Street 

Boston, MA 02116 
 BCIP
Venture Associates 
 c/o Bain Capital Ventures 

John Hancock Tower 
 200 Clarendon
Street 
 Boston, MA 02116 

BCIP Venture Associates – B 

c/o Bain Capital Ventures 
 John
Hancock Tower 
 200 Clarendon Street 

Boston, MA 02116 
 RGIP, LLC

 Ropes & Gray LLP 

Prudential Tower 
 800 Boylston
Street 
 Boston, MA 02199 

 SCHEDULE B 

Other Holders 
 Name
and Address 
 Alan Matthews 
 [Address] 

Alex Sukennik 
 [address] 

Anastasios Giakouminakis 
 370 Hillside Avenue 

Allendale, NJ 07401 
 Anitha Gopalan 

[address] 
 Corey Thomas 

547 VFW Parkway 
 Chestnut Hill, MA 02467 

H.D. Moore 
 1933 Antone Street 

Austin, TX 78723 
 John Devine 

[Address] 
 Josh Feinblum 

[address] 
 Michael Tuchen 

126 Woodland Road 
 Chestnut Hill, MA 02467 

Mike McKee 
 [address] 

Natalia Flano 
 [address] 

Peter Kaes 
 [address] 

Richard Moseley 
 [address] 

Stephen Gatoff 
 [address] 

Todd Lefkowitz 
 [address]EX-10.1

 Exhibit 10.1 

100 SUMMER STREET 

BOSTON, MASSACHUSETTS 

OFFICE LEASE AGREEMENT 

BETWEEN 
 MA-100 SUMMER STREET
OWNER, L.L.C., a Delaware limited liability company 
 (“LANDLORD”) 

AND 
 RAPID7, INC., a Delaware
corporation 
 (“TENANT”) 

 OFFICE LEASE AGREEMENT 

THIS OFFICE LEASE AGREEMENT (this “Lease”) is made and entered into as of November 11, 2013, by and between
MA-100 SUMMER STREET OWNER, L.L.C., a Delaware limited liability company (“Landlord”), and RAPID7, INC., a Delaware corporation (“Tenant”). The following exhibits and attachments are incorporated into
and made a part of this Lease: Exhibit A-1 (Outline and Location of Premises), Exhibit A-2 (Outline and Location of Suite 1400 Expansion Space), Exhibit A-3 (Outline and Location of Suite 1401 Expansion Space),
Exhibit A-4 (Outline and Location of Offering Space 1 and Offering Space 2), Exhibit B (Expenses and Taxes), Exhibit C (Work Letter), Exhibit D (Commencement Letter), Exhibit E (Building Rules and
Regulations), Exhibit F (Additional Provisions), Exhibit G (Notice of Lease), Exhibit H (Form of Letter of Credit), Exhibit I (HVAC Specifications) and Exhibit J (Janitorial Specifications). 

 

	1.	Basic Lease Information. 

  

	 	1.01	“Building” shall mean the building located at 100 Summer Street, Boston, Massachusetts 02110, and commonly known as 100 Summer Street. “Rentable Square Footage of the Building” is
deemed to be 1,109,886 square feet. 

  

	 	1.02	“Premises” shall mean the area shown on Exhibit A-1 to this Lease. The Premises is located on the 13th and 14th floors and known as suites 1300 and 1403. If the Premises include one or more floors in their entirety, all corridors and restroom facilities located on such full floor(s) shall be considered part
of the Premises. The “Rentable Square Footage of the Premises” is deemed to be 46,569 square feet comprised of (i) 37,873 rentable square feet on the 13th floor and
(ii) 8,696 rentable square feet on the 14th floor. Landlord and Tenant stipulate and agree that the Rentable Square Footage of the Building and the Rentable Square Footage of the Premises are
correct. 

  

	 	1.03	“Base Rent”: 

  

									
	Months of Term	  	 Annual Rate

Per Square
Foot
	 	  	 Monthly

Base Rent
	 
	 Commencement Date – Last day of 41st full calendar month of the Term
	  	$	42.00	  	  	$	162,991.50	  
	 First day of 42nd full calendar month of the Term – Termination Date
	  	$	44.00	  	  	$	170,753.00	  

 Base Rent Abatement: Notwithstanding anything in this Section of the Lease to the contrary, so long as
Tenant is not in Default under this Lease, Tenant shall be entitled to (i) an abatement of Base Rent in the amount of $162,991.50 per month for the period commencing on the Commencement Date and ending on July 31, 2014 (the “First
Abatement Period”), (ii) an abatement of Base Rent in the amount of $57,991.50 per month for the period commencing on August 1, 2014 and ending on July 31, 2015 (the “Second Abatement Period”), and
(iii) an abatement of Base Rent in the amount of $22,991.50 per month for the period commencing on August 1, 2015 and ending on July 31, 2016 (the “Third Abatement Period”) (the First Abatement Period, the Second
Abatement Period and the Third Abatement Period are collectively referred to herein as the “Base 

 
Rent Abatement Period”). The amount of Base Rent abated during the Base Rent Abatement Period shall herein be referred to as the “Abated Base Rent”. The balance of
the monthly installment of Base Rent payable for (x) for the Second Abatement Period (i.e., $105,000.00 per month) and (y) for the Third Abatement Period (i.e., $140,000.00 per month) (each month a “Remaining Monthly
Balance”) shall be payable in accordance with the terms of the Lease. If Tenant Defaults at any time during the Term and fails to cure such Default within any applicable cure period under the Lease, all unamortized Abated Base Rent (i.e.
based upon the amortization of the Abated Base Rent in equal monthly amounts during the initial Term, without interest) shall immediately become due and payable. The payment by Tenant of the Abated Base Rent in the event of a Default shall not limit
or affect any of Landlord’s other rights, pursuant to this Lease or at law or in equity. During the Base Rent Abatement Period, only Base Rent shall be abated, and each Remaining Monthly Balance and all Additional Rent and other costs and
charges specified in this Lease shall remain as due and payable pursuant to the provisions of this Lease. Notwithstanding the foregoing, in the event the Commencement Date is delayed beyond the Target Commencement Date, then the First Abatement
Period, the Second Abatement Period and the Third Abatement Period shall each be extended one day for each day the Commencement Date is delayed beyond the Target Commencement Date. 

 

	 	1.04	“Tenant’s Pro Rata Share”: (i) 2.7030% during the First Abatement Period, (ii) 3.6040% during the Second Abatement Period, and (iii) 4.1958% during the Third Abatement Period.

  

	 	1.05	“Base Year” for Taxes (defined in Exhibit B): an amount equal to $8.75 per rentable square foot multiplied by the Rentable Square Footage of the Building; “Base Year” for
Expenses (defined in Exhibit B): the amount of Expenses incurred for the Building during calendar year 2014. 

  

	 	  	For purposes hereof, “Fiscal Year” shall mean the period from July 1, 2014 to June 30, 2015 and each period of July 1 to June 30 thereafter. 

 

	 	1.06	“Term”: The period commencing on the Commencement Date (defined below) and, unless terminated earlier or renewed in accordance with this Lease, ending on the last day of the 65th full calendar month following the Commencement Date (the “Termination Date”). The “Commencement Date” shall mean the date on which the Landlord Work (defined
in Section 1.14) is Substantially Complete (defined in Section 3). The parties anticipate that the Landlord Work will be Substantially Complete on or about February 1, 2014 (the “Target Commencement Date”). In
addition, if Tenant is entitled to register or record a notice or memorandum of this Lease pursuant to the terms in Section 1.16, Landlord and Tenant shall also execute and Tenant may register or record, as appropriate, at Tenant’s cost
and expense, a Notice of Lease in the form attached as Exhibit G. 

  

	 	1.07	Allowance(s): an amount not to exceed $2,561,295.00 (i.e., $55.00 per square foot of the Premises), as further described in the attached Exhibit C. 

 

	 	1.08	“Security Deposit”: As of the date of this Lease there is no Security Deposit. 

  
 2 

	 	1.09	“Guarantor”: As of the date of this Lease there is no Guarantor. 

  

	 	1.10	“Broker(s)”: McCall & Almy (“Tenant’s Broker”), which represented Tenant in connection with this transaction, and Cushman & Wakefield (“Landlord’s
Broker”), which represented Landlord in connection with this transaction. 

  

	 	1.11	“Permitted Use”: General office use, including use of a portion of the Premises for a sensitive compartmented information facility. 

 

	 	1.12	“Notice Address(es)”: 

  

			
	 Landlord:
		Tenant:
		
	 MA-100 Summer Street Owner, L.L.C.
 c/o Equity
Office
 125 Summer Street, 17th Floor
 Boston, Massachusetts
02110
 Attention: Property Manager
  

With copies of any notices to Landlord shall be sent to:
  

Equity Office
 Two North Riverside Plaza

Suite 2100
 Chicago, Illinois 60606

Attn: Managing Counsel – Boston Region
  

and
  

Equity Office
 Two North Riverside Plaza

Suite 2100
 Chicago, Illinois 60606

Attn: Lease Administration
		 Prior to the Commencement Date:
  

Rapid7, Inc.
 800 Boylston Street, 29th Floor

Boston, Massachusetts 02199
 Attention: Chief Financial
Officer
  
 From and after the Commencement Date:

 
 Rapid7, Inc.

100 Summer Street
 Suite 1300

Boston, Massachusetts 02110
 Attention: Chief Financial
Officer
  
 With a copy of any notices whereby Landlord is notifying Tenant of a Tenant
default under the Lease, or notifying Tenant of, or responding to Tenant with respect to, any option rights of Tenant under the Lease, or providing any notices other than routine notices concerning the operation of the Building, to:

 
 Langer & McLaughlin, LLP

855 Boylston Street
 Boston, MA 02116

Attention: Doug McLaughlin

  

	 	1.13	“Business Day(s)” are Monday through Friday of each week, exclusive of New Year’s Day, Presidents Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day
(“Holidays”). Landlord may designate additional Holidays that are commonly recognized by other comparable office buildings in the area where the Building is located. “Building Service Hours” are 8:00
A.M. to 6:00 P.M. on Business Days and 8:00 A.M. to 1:00 P.M. on Saturdays. 

  
 3 

	 	1.14	“Landlord Work” means the work that Landlord is obligated to perform in the Premises pursuant to a separate agreement (the “Work Letter”) attached to this Lease as Exhibit C.

  

	 	1.15	“Property” means the Building and the parcel(s) of land on which it is located and, at Landlord’s discretion, the parking facilities and other improvements, if any, serving the Building and the
parcel(s) of land on which they are located. 

  

	 	1.16	Tenant shall not record this Lease or any memorandum or notice without Landlord’s prior written consent; provided, however, Landlord agrees to consent to the recordation or registration of a memorandum or notice of
this Lease, at Tenant’s cost and expense (and in the form attached as Exhibit G), if the initial term of this Lease or the initial term plus renewal terms granted exceed, in the aggregate, 7 years. In the event a notice of lease is
executed, then simultaneously with the Tenant’s execution of the notice of lease, Tenant shall execute and deliver to Landlord a release of notice of lease (the “Release of Notice of Lease”) in form and content reasonably
satisfactory to Landlord which shall be held by Landlord in escrow until the Termination Date (as the same may be extended), at which time Landlord shall have the right to record the Release of Notice of Lease. If this Lease is terminated before the
Term expires, upon Landlord’s request the parties shall execute, deliver and record an instrument acknowledging the above and the date of the termination of this Lease within 10 Business Days after written request from Landlord. In the event
Tenant fails to execute and deliver such an instrument, then Landlord shall have the right to release the Release of Notice of Lease from escrow without any further action or consent by Tenant, and Landlord shall thereupon have the right to record
such Release of Notice of Lease. 

  

	 	1.17	“Letter of Credit” is as described in Section 7 of Exhibit F attached hereto. 

  

	2.	Lease Grant. 

 Landlord hereby leases the Premises to Tenant and Tenant hereby leases the
Premises from Landlord. Tenant has, as appurtenant to the Premises, the non-exclusive right to use any portions of the Property that are reasonably designated by Landlord for the common use of tenants and others (the “Common
Areas”). 
  

	3.	Adjustment of Commencement Date; Possession. 

  

	 	3.01	 The Landlord Work shall be deemed to be “Substantially Complete” on the date that all Landlord Work has been performed, other than
any details of construction, mechanical adjustment or any other similar matter, the non-completion of which does not materially interfere with Tenant’s use of the Premises, including the performance of Tenant’s Initial Alterations. If
Landlord is delayed in the performance of the Landlord Work as a result of the acts or omissions of Tenant, the Tenant Related Parties (defined in Section 13) or their respective contractors or vendors, including, without limitation, changes
requested by Tenant to approved plans, Tenant’s failure to comply with any of its 

  
 4 

 
obligations under this Lease, or Tenant’s specification of any materials or equipment with long lead times (each a “Tenant Delay”), the Landlord Work shall be deemed to be
Substantially Complete on the date that Landlord could reasonably have been expected to Substantially Complete the Landlord Work absent any Tenant Delay. Notwithstanding anything to the contrary in Section 1.06 above, except as provided in
Section 3.01 below, Landlord’s failure to Substantially Complete the Landlord Work by the Target Commencement Date (described in Section 1.06) shall not be a default by Landlord or otherwise render Landlord liable for damages.
Promptly after the determination of the Commencement Date, Landlord and Tenant shall execute and deliver a commencement letter in the form attached as Exhibit D (the “Commencement Letter”). Tenant’s failure to
execute and return the Commencement Letter, or to provide written objection to the statements contained in the Commencement Letter, within 30 days after the date of the Commencement Letter shall be deemed an approval by Tenant of the statements
contained therein. 
 Notwithstanding the foregoing, if the Slab Work and the Demising Wall Work (as those terms are defined in Exhibit
C) is not Substantially Complete by the Initial Work Completion Date (as herein defined) and such failure will prevent Tenant from performing its Initial Alterations, then Tenant shall be entitled to a rent abatement following the Base Rent
Abatement Period of $5,358.62 for every day in the period beginning on the Initial Work Completion Date and ending on the date the Slab Work and the Demising Wall Work are both Substantially Complete. The “Initial Work Completion
Date” shall mean November 15, 2013. Landlord and Tenant acknowledge and agree that: (i) the determination of the date when the Slab Work and the Demising Wall Work are Substantially Complete shall take into consideration the
effect of any Tenant Delays by Tenant; and (ii) the Initial Work Completion Date shall be postponed by the number of days the Substantial Completion of the Slab Work and the Demising Wall Work is delayed due to events of Force Majeure; provided
that the number of days of delay attributable solely to Force Majeure for the purposes of determining any postponement of the Initial Work Completion Date shall be capped at a total of 60 days. 

Notwithstanding the foregoing, if the Landlord Work is not Substantially Complete by the Outside Completion Date (as herein defined), Tenant
shall be entitled to a rent abatement following the Base Rent Abatement Period of $5,358.62 for every day in the period beginning on the Outside Completion Date and ending on the date the Landlord Work is Substantially Complete. The “Outside
Completion Date” shall mean February 14, 2014. Landlord and Tenant acknowledge and agree that: (i) the determination of the date when the Landlord Work is Substantially Complete shall take into consideration the effect of any
Tenant Delays by Tenant; and (ii) the Outside Completion Date shall be postponed by the number of days the Substantial Completion of the Landlord Work is delayed due to events of Force Majeure; provided that the number of days of delay
attributable solely to Force Majeure for purposes of determining any postponement of the Outside Completion Date shall be capped at 60 days. 

Notwithstanding the foregoing, if the Landlord has not substantially completed its proposed alterations to the first floor lobby of the
Building consisting of (i) replacing the currently existing floor, (ii) replacing a majority of the currently 

  
 5 

 
existing lighting, (iii) adding seating and art, (iv) changing the security desk, and (v) adding backlit glass to the entrance of the elevator vestibule (collectively, the
“Lobby Work”) by the Outside Lobby Completion Date (as herein defined), Tenant shall be entitled to a rent abatement following the Base Rent Abatement Period of $5,358.62 for every day in the period beginning on the Outside Lobby
Completion Date and ending on the date the Lobby Work is substantially complete. The “Outside Lobby Completion Date” shall mean July 1, 2014. Landlord and Tenant acknowledge and agree that: (i) the determination of the
substantial completion of the Lobby Work shall take into consideration the effect of any Tenant Delays by Tenant; and (ii) the Outside Lobby Completion Date shall be postponed by the number of days the substantial completion of the Lobby Work
is delayed due to events of Force Majeure; provided that the number of days of delay attributable solely to Force Majeure for purposes of determining any postponement of the Outside Lobby Completion Date shall be capped at 270 days with respect to
any Force Majeure delays relating to the delivery of the proposed stone for the Lobby Work and 60 days with respect to any other Force Majeure delays relating to the Lobby Work. 

Notwithstanding anything contained herein to the contrary, for purposes of determining the number of days of Base Rent abatement that Tenant
shall be entitled to pursuant to this Section 3.01, any day of overlap in which the date of Substantial Completion of the Slab Work and the Demising Work is delayed beyond the Initial Work Completion Date, or the Substantial Completion of the
Landlord Work is delayed beyond the Outside Completion Date, or the substantial completion of the Lobby Work is delayed beyond the Outside Lobby Completion Date shall be deemed to be one day of delay and not two or more days of delay. 

 

	 	3.02	 Subject to Landlord’s obligation to perform Landlord Work, the Premises are accepted by Tenant in “as is” condition and configuration
without any representations or warranties by Landlord. By taking possession of the Premises, Tenant agrees that the Premises are in good order and satisfactory condition. Except as otherwise provided in this Lease, Tenant shall not be permitted to
take possession of or enter the Premises prior to the Commencement Date without Landlord’s permission. If Tenant takes possession of or enters the Premises before the Commencement Date, Tenant shall be subject to the terms and conditions of
this Lease; provided, however, except for the cost of services requested by Tenant (e.g. after hours HVAC service), Tenant shall not be required to pay Rent for any entry or possession before the Commencement Date during which Tenant, with
Landlord’s approval, has entered, or is in possession of, the Premises for the sole purpose of performing improvements or installing furniture, equipment or other personal property. However, notwithstanding the foregoing but subject to the
terms of this Section 3.02, Landlord shall permit Tenant and Tenant’s agents, contractors and employees, to enter the Premises, at Tenant’s sole risk, after Landlord has completed the Slab Work and the Demising Wall Work (as those
terms are defined in Exhibit C), solely for the purpose of performing the Initial Alterations (as defined in Exhibit C) and installing equipment, furnishings and other personalty provided that the Initial Alterations and such
installations do not unreasonably interfere with the Landlord Work. The parties agree to cooperate reasonably to coordinate their respective access to and work within the Premises 

  
 6 

 
so as to minimize any delay to the performance of the Landlord Work. Notwithstanding the foregoing, Landlord may withdraw such permission to enter the Premises prior to the Commencement Date at
any time that Landlord reasonably determines that, but only for so long as (i) such entry by Tenant is causing a dangerous situation for Landlord, Tenant or their respective contractors or employees, or (ii) Landlord reasonably determines
that such entry by Tenant is hampering or otherwise preventing Landlord from proceeding with the completion of the Landlord Work at the earliest possible date, provided that Landlord agrees to act reasonably in making any such determination in light
of the mutual obligation of Landlord and Tenant to cooperate reasonably to coordinate their respective work as set forth above. 
  

	4.	Rent. 

  

	 	4.01	Tenant shall pay Landlord, without any setoff or deduction, unless expressly set forth in this Lease, all Base Rent and Additional Rent due for the Term (collectively referred to as “Rent”).
“Additional Rent” means all sums (exclusive of Base Rent) that Tenant is required to pay Landlord under this Lease. Tenant shall pay and be liable for all rental, sales and use taxes (but excluding income taxes), if any, imposed
upon or measured by Rent. Base Rent and recurring monthly charges of Additional Rent shall be due and payable in advance on the first day of each calendar month without notice or demand. All other items of Rent shall be due and payable by Tenant on
or before 30 days after billing by Landlord. Rent shall be made payable to the entity, and sent to the address, Landlord designates and shall be made by good and sufficient check payable in United States of America currency or by other means
acceptable to Landlord. If Tenant does not pay any Rent when due hereunder, Tenant shall pay Landlord an administration fee in the amount of $250.00, provided that Tenant shall be entitled to a grace period of up to 5 Business Days for the first 2
late payments of Rent in a calendar year. In addition, past due Rent shall accrue interest at 10% per annum, and Tenant shall pay Landlord a fee for any checks returned by Tenant’s bank for any reason equal to the amount of the fee (if
any) which Landlord is charged by the applicable bank for such returned check(s). Landlord’s acceptance of less than the correct amount of Rent shall be considered a payment on account of the oldest obligation due from Tenant hereunder, then to
any current Rent then due hereunder, notwithstanding any statement to the contrary contained on or accompanying any such payment from Tenant. Rent for any partial month during the Term shall be prorated. No endorsement or statement on a check or
letter accompanying payment shall be considered an accord and satisfaction. Tenant’s covenant to pay Rent is independent of every other covenant in this Lease. 

 

	 	4.02	Tenant shall pay Tenant’s Pro Rata Share of Taxes and Expenses in accordance with Exhibit B of this Lease. 

  

	5.	Compliance with Laws; Use. 

 The Premises shall be used for the Permitted Use and for no other use
whatsoever. Tenant shall comply with all statutes, codes, ordinances, orders, rules and regulations of any municipal or governmental entity whether in effect now or later, including the Americans with Disabilities Act (“Law(s)”),
regarding the operation of Tenant’s business, the use, condition, configuration 

  
 7 

 
and occupancy of the Premises and the Building systems located in or exclusively serving the Premises. In addition, Tenant shall, at its sole cost and expense, promptly comply with any Laws that
relate to the “Base Building” (defined below), but only to the extent such obligations are triggered by Tenant’s particular manner of use of the Premises, other than for general office use, or Alterations or improvements in the
Premises performed or requested by Tenant (but specifically excluding the Landlord Work). “Base Building” shall include the structural portions of the Building, the public restrooms and the Building mechanical, electrical and
plumbing systems and equipment located in the internal core of the Building on the floor or floors on which the Premises are located. Tenant shall promptly provide Landlord with copies of any notices it receives regarding an alleged violation of
Law. Landlord and Tenant acknowledge that the standard density limit for the Building is one Working Employee (as herein defined) for each 150 rentable square feet of the Premises. For purposes hereof, Tenant’s employees, agents and contractors
are collectively referred to herein as the “Working Employees”. In the event Tenant exceeds the standard density limit for the Building, Tenant acknowledges that Tenant shall be solely responsible, at Tenant’s sole cost and
expense, for (i) remedying any violations of Laws arising from or in connection with such above standard density, and (ii) purchasing, installing and using any supplemental HVAC, electricity, water or other utilities in the Premises which
may be required by applicable Law, desirable to Tenant or otherwise necessary in order to accommodate Tenant’s above standard density. Landlord shall have no obligation to remedy or correct any deficiencies in the Building standard services due
to such above standard density by Tenant, and any such deficiency in the Building standard services due to Tenant’s above standard density shall not constitute a default by Landlord under this Lease, constitute a Service Failure (as hereinafter
defined) or entitle Tenant to any abatement or offset of Rent due hereunder. Tenant shall comply with the rules and regulations of the Building attached as Exhibit E and such other reasonable rules and regulations adopted by Landlord
from time to time, including rules and regulations for the performance of Alterations (defined in Section 9.03). The rules and regulations shall be generally applicable, and generally applied in the same manner, to all tenants of the Building.
If there is a conflict between this Lease and any rules and regulations enacted after the date of this Lease, the terms of this Lease shall control. 
  

	6.	Security Deposit. 

 The Security Deposit, if any, shall be delivered to Landlord upon the execution of
this Lease by Tenant and held by Landlord without liability for interest (unless required by Law) as security for the performance of Tenant’s obligations. The Security Deposit is not an advance payment of Rent or a measure of damages. Landlord
may from time to time and without prejudice to any other remedy provided in this Lease or by Law, use all or a portion of the Security Deposit to the extent necessary to satisfy past due Rent or to satisfy any other loss or damage resulting from
Tenant’s breach under this Lease. If Landlord uses any portion of the Security Deposit, Tenant, within 5 days after demand, shall restore the Security Deposit to its original amount. Landlord shall return any unapplied portion of the Security
Deposit to Tenant within 30 days after the later to occur of: (a) determination of the final Rent due from Tenant; or (b) the later to occur of the Termination Date or the date Tenant surrenders the Premises to Landlord in compliance with
Section 25. Landlord may assign the Security Deposit to a successor or transferee and, following the assignment, Landlord shall have no further liability for the return of the Security Deposit. Landlord shall not be required to keep the
Security Deposit separate from its other accounts. 

  
 8 

	7.	Building Services. 

  

	 	7.01	 Landlord shall furnish Tenant with the following services: (a) hot and cold water for use in the Base Building lavatories; (b) customary
heat and air conditioning in season during Building Service Hours in accordance with the specifications attached hereto as Exhibit I or otherwise as required by governmental authority; provided that Landlord shall not be liable for any
failure to maintain the temperature ranges set forth in such Exhibit to the extent that such failure arises out of either (i) an excess density or electrical load within the Premises beyond any density or load limits that are standard for the
Building, or (ii) Tenant’s use of heat generating machines, equipment or lighting in the Premises, or (iii) modifications performed to the HVAC system by Tenant (or any contractors retained by Tenant) which have not been approved by
Landlord or which have been made by Tenant after being informed by Landlord that such modifications may negatively affect the ability of Landlord to provide HVAC services in accordance with the specifications attached as Exhibit I, or
(iv) Tenant’s failure to keep the window coverings in the Premises closed during periods when the outside temperature is 91 degrees dry bulb or above or (v) any Alterations to the Premises made by Tenant (or any contractors retained
by Tenant) or at Tenant’s request which have not been approved by Landlord or which have been made by Tenant after being informed by Landlord that such Alterations may negatively affect the ability of Landlord to provide HVAC services in
accordance with the specifications attached as Exhibit I. Tenant shall have the right to receive HVAC service during hours other than Building Service Hours by paying Landlord’s then standard charge for additional HVAC service and
providing such prior notice as is reasonably specified by Landlord and if Tenant is permitted to connect any supplemental HVAC units to the Building’s condenser water loop or chilled water line, such permission shall be conditioned upon
Landlord having adequate excess capacity from time to time and such connection and use shall be subject to Landlord’s reasonable approval and reasonable restrictions imposed by Landlord, and Landlord shall have the right to charge Tenant a
connection fee and/or a monthly usage fee, as reasonably determined by Landlord. As of the date hereof, Landlord’s monthly usage fee for using the condenser water in the Building is $100 per connected ton per month, subject to change from time
to time. In addition, Tenant shall reimburse Landlord for any out of pocket costs incurred by Landlord to connect Tenant to the condenser water loop. As of the date of this Lease, the Building standard condenser water capacity available for use by
tenants is currently 5 tons per floor. Currently, Tenant may request after hours HVAC service by delivering a written request to Landlord at the office of the Building prior to (i) 12:00 P.M. on the Business Day
such after-hours usage is desired, or (ii) if such usage is desired on a non-Business Day, then prior to 12:00 P.M. on the Business Day immediately preceding the date such usage is desired. The aforesaid time
periods and limitations for requesting after-hours HVAC service are subject to change from time to time by Landlord”. As of the date hereof, Landlord’s charge for after hours heating and air conditioning service is $175.00 per hour for
cooling and $75.00 for heating for each full floor or partial floor for which Tenant requests such service, subject to change from time to time; (c) standard janitorial service on Business Days, including those services listed on
Exhibit J attached hereto, in a manner customarily performed within the janitorial industry in office buildings 

  
 9 

	 	
of similar age, size, class and composition as the Building in the Boston financial district, or such other reasonably comparable janitorial services designated by Landlord from time to time;
(d) elevator service; (e) electricity in accordance with the terms and conditions in Section 7.02; (f) access to the Building for Tenant and its employees 24 hours per day/7 days per week, subject to the terms of this Lease and
such protective services or monitoring systems, if any, as Landlord may reasonably impose, including, without limitation, sign-in procedures and/or presentation of identification cards; and (g) such other services as Landlord reasonably
determines are necessary or appropriate for the Property. If Landlord, at Tenant’s request, provides any services which are not Landlord’s express obligation under this Lease, including, without limitation, any repairs which are
Tenant’s responsibility pursuant to Section 9 below, Tenant shall pay Landlord, or such other party designated by Landlord, the cost of providing such service plus a reasonable administrative charge. 

 

	 	7.02	Electricity used by Tenant in the Premises shall be paid for by Tenant by a separate charge payable by Tenant to Landlord. The initial estimated monthly payments for electricity shall be $5,433.05 per month (i.e., $1.40
per rentable square foot per year); provided that such rate may be adjusted from time to time to reflect the then current rate for electricity. Without the consent of Landlord, Tenant’s use of electrical service shall not exceed the Building
standard usage, per square foot, as reasonably determined by Landlord, based upon the Building standard electrical design load. For purposes hereof, the Building “electrical standard” is 6 watts per usable square foot of connected load to
the Premises, inclusive of base Building HVAC. Landlord shall have the right to measure electrical usage by commonly accepted methods. Landlord and Tenant agree that as of the date of this Lease, the Premises is separately check metered for
electricity. Landlord shall maintain and repair such check meter in accordance with the provisions of Section 9.02 below. However, if it is determined that Tenant is using electricity in such quantities or during such periods as to cause the
total cost of Tenant’s electrical usage, on a monthly, per-rentable-square-foot basis, to materially exceed that which Landlord reasonably deems to be standard for the Building, Tenant shall pay Landlord Additional Rent for the cost of such
excess electrical usage. 

  

	 	7.03	 Landlord’s failure to furnish, or any interruption, diminishment or termination of services due to the application of Laws, the failure of any
equipment, the performance of maintenance, repairs, improvements or alterations, utility interruptions or the occurrence of an event of Force Majeure (defined in Section 26.03) (collectively a “Service Failure”) shall not
render Landlord liable to Tenant, constitute a constructive eviction of Tenant, give rise to an abatement of Rent, nor relieve Tenant from the obligation to fulfill any covenant or agreement. However, Landlord shall use reasonable diligence to
correct and/or minimize any such Service Failure promptly, and if the Premises, or a material portion of the Premises, are made untenantable for a period in excess of 3 consecutive Business Days as a result of a Service Failure that is reasonably
within the control of Landlord to correct, then Tenant, as its sole remedy, shall be entitled to receive an abatement of Rent payable hereunder during the period beginning on the 4th consecutive
Business Day of the Service Failure and ending on the day the service has been restored. If the entire Premises have not been rendered untenantable by the Service Failure, the amount of abatement shall be

  
 10 

	 	
equitably prorated. Notwithstanding the foregoing, if a Service Failure which makes the Premises or a material portion thereof untenantable is reasonably within the control of Landlord and
continues for 120 consecutive days after the Service Failure, then Tenant, as its sole remedy, shall have the right to elect to terminate this Lease within 10 days after the expiration of said 120 day period without penalty, by delivering written
notice to Landlord of its election thereof. The foregoing termination right shall not apply if the Service Failure is due to a Casualty, as defined in Section 16. Instead, in such an event, the terms and provisions of Section 16 shall
apply. 

  

	8.	Leasehold Improvements. 

 All improvements in and to the Premises, including any Alterations
(defined in Section 9.03) (collectively, “Leasehold Improvements”) shall remain upon the Premises at the end of the Term without compensation to Tenant. In addition, Landlord, by written notice to Tenant at least 30 days prior
to the Termination Date, may require Tenant, at Tenant’s expense, to remove any Landlord Work or Alterations that, in Landlord’s reasonable judgment, are of a nature that would require removal and repair costs that are materially in excess
of the removal and repair costs associated with standard office improvements (such items collectively are referred to as “Required Removables”), provided that if Tenant has requested that Landlord advise Tenant as to whether any
Alterations are Required Removables at the time Tenant requests approval for a proposed Alteration as provided below, and Landlord does not identify certain portions of the Alterations as Required Removables, then Landlord shall have no right to
require Tenant to remove at the end of the Term any such portion of the Alteration which Landlord had not so identified as a Required Removable at the time Tenant requested approval of the Alteration. Required Removables shall include, without
limitation, internal stairways (other than the internal stairway currently existing in the Premises as of the date of this Lease, as the same may be expanded in connection with the Initial Alterations), raised floors, personal baths and showers,
vaults, rolling file systems and structural alterations and modifications. The Required Removables shall be removed by Tenant before the Termination Date. Tenant shall repair damage caused by the installation or removal of Required Removables. If
Tenant fails to perform its obligations in a timely manner, Landlord may perform such work at Tenant’s expense. Tenant, at the time it requests approval for a proposed Alteration, including any Initial Alterations as such term may be defined in
the Work Letter attached as Exhibit C, may request in writing that Landlord advise Tenant whether the Alteration, including any Initial Alterations or Landlord Work, or any portion thereof, is a Required Removable. Within 10 days after
receipt of Tenant’s request, Landlord shall advise Tenant in writing as to which portions of the alteration or other improvements are Required Removables. Notwithstanding the foregoing, the Landlord agrees that, except for the Secured Area (as
herein defined) and the showers, the improvements identified on the Space Plans (as defined in the Work Letter attached as Exhibit C), as specifically shown thereon as of the date hereof, shall not be deemed Required Removables.

  

	9.	Repairs and Alterations. 

  

	 	9.01	 Tenant shall promptly provide Landlord with notice of conditions within the Premises that are dangerous or in need of maintenance or repair. Tenant,
at its sole cost and expense, shall perform all maintenance and repairs to the interior, non-structural portions of the Premises that are not Landlord’s express responsibility under this Lease, and keep the Premises in good condition and
repair, reasonable wear and tear excepted. Tenant’s repair and maintenance 

  
 11 

	 	
obligations include, without limitation, repairs to: (a) floor covering; (b) interior partitions; (c) doors; (d) the interior side of demising walls; (e) Alterations
(described in Section 9.03); (f) supplemental air conditioning units, kitchens, including hot water heaters, plumbing, and similar facilities exclusively serving Tenant, whether such items are installed by Tenant or are currently existing
in the Premises; and (g) electronic, fiber, phone and data cabling and related equipment that is installed by or for the exclusive benefit of Tenant (collectively, “Cable”). All repairs and other work performed by Tenant or its
contractors, including that involving Cable, shall be subject to the terms of Section 9.03 below. If Tenant fails to make any repairs to the Premises for more than 15 days after notice from Landlord (although notice shall not be required in an
emergency), Landlord may make the repairs, and, within 30 days after demand, Tenant shall pay the reasonable cost of the repairs, together with an administrative charge in an amount equal to 10% of the cost of the repairs. 

 

	 	9.02	Landlord shall keep and maintain in good repair and working order and perform maintenance upon the: (a) structural elements of the Building; (b) mechanical (including HVAC), electrical, plumbing and fire/life
safety systems serving the Building in general; (c) Common Areas; (d) roof of the Building; (e) exterior windows of the Building; (f) elevators serving the Building; (g) restrooms located on any floor on which the Premises
is located; provided, that with respect to restrooms located within the Premises, Tenant shall be responsible to repair and maintain any Alterations to such restrooms made after the completion of the initial Landlord Work by Landlord; and
(h) any Base Building mechanical (including HVAC), electrical, plumbing and fire/life safety systems serving the Building in general. Landlord shall promptly make repairs for which Landlord is responsible. 

 

	 	9.03	 Tenant shall not make alterations, repairs, additions or improvements or install any Cable outside of the Premises, in the Building risers, in the
Building Common Areas or in the Building electrical closets (collectively referred to as “Alterations”) without first obtaining the written consent of Landlord in each instance, which consent shall not be unreasonably withheld,
conditioned or delayed. Landlord shall review and approve, or disapprove by written notice in sufficient detail for Tenant to be able to reply, within 10 Business Days following delivery of any request for consent to any Alteration. However,
Landlord’s consent shall not be required for any Alteration that satisfies all of the following criteria (a “Cosmetic Alteration”): (a) is of a cosmetic nature such as painting, wallpapering, hanging pictures and
installing carpeting; (b) is not visible from the exterior of the Premises or Building; (c) will not affect the Base Building (defined in Section 5); and (d) does not require work to be performed inside the walls or above the
ceiling of the Premises. Cosmetic Alterations shall be subject to all the other provisions of this Section 9.03. Prior to starting work, Tenant shall furnish Landlord with plans and specifications (which shall be in CAD format if requested by
Landlord), although such plans and specifications need be supplied to Landlord only if they are necessary for the issuance of required permits or if reasonably deemed necessary by Landlord due to the nature of the work to be performed; names of
contractors reasonably acceptable to Landlord (provided that Landlord may designate specific contractors with respect to Base Building and vertical Cable, as may be described more fully below, provided that the costs quoted by such Landlord
designated contractors do not exceed the competitive 

  
 12 

	 	
cost for such services rendered by persons or entities of similar skill, competence and experience, and if the cost of such Landlord designated contractors do exceed the competitive cost for such
services, then Tenant shall not be required to use such Landlord designated contractors); required permits and approvals; evidence of contractor’s and subcontractor’s insurance in amounts reasonably required by Landlord and naming Landlord
and the managing agent for the Building (or any successor(s)) as additional insureds; and, with respect to any work which costs $500,000.00 or more when taken together in the aggregate, any security for performance in amounts reasonably required by
Landlord. Landlord may designate specific contractors with respect to oversight, installation, repair, connection to, and removal of vertical Cable provided that the costs quoted by such Landlord designated contractors do not exceed the competitive
cost for such services rendered by persons or entities of similar skill, competence and experience. All Cable shall be clearly marked with adhesive plastic labels (or plastic tags attached to such Cable with wire) to show Tenant’s name, suite
number, and the purpose of such Cable (i) every 6 feet outside the Premises (specifically including, but not limited to, the electrical room risers and any Common Areas), and (ii) at the termination point(s) of such Cable. Changes to the
plans and specifications must also be submitted to Landlord for its approval. Landlord shall review and approve, or disapprove by written notice in sufficient detail for Tenant to be able to reply, within 5 Business Days following delivery of any
request for a change to previously approved plans and specifications. Alterations shall be constructed in a good and workmanlike manner using materials of a quality reasonably approved by Landlord, and Tenant shall ensure that no Alteration impairs
any Building system or Landlord’s ability to perform its obligations hereunder. Tenant shall reimburse Landlord for any reasonable sums paid by Landlord for third party examination of Tenant’s plans for non-Cosmetic Alterations. In
addition, Tenant shall pay Landlord a fee for Landlord’s oversight and coordination of any non-Cosmetic Alterations equal to 2% of the cost of the non-Cosmetic Alterations. Upon completion, Tenant shall furnish “as-built” plans in CAD
format, if requested by Landlord (although such plans and specifications need be supplied to Landlord only if they are necessary for the issuance of required permits or if reasonably deemed necessary by Landlord due to the nature of the work to be
performed), for non-Cosmetic Alterations, completion affidavits and full and final waivers of lien. Landlord’s approval of an Alteration shall not be deemed a representation by Landlord that the Alteration complies with Law. 

 

	10.	Entry by Landlord. 

 Landlord may enter the Premises to inspect, show (but only during the last 12 months
of the Term or anytime during an uncured Default by Tenant) or clean the Premises or to perform or facilitate the performance of repairs, alterations or additions to the Premises or any portion of the Building. Except in emergencies or to provide
Building services, Landlord shall provide Tenant with reasonable prior verbal notice of entry and shall use reasonable efforts to minimize any interference with Tenant’s use of the Premises. Notwithstanding the foregoing, except in emergencies
or to provide Building services, Landlord shall provide Tenant with at least 24 hours’ prior notice of entry into the Premises, which may be given orally and by email (if Tenant’s email contact is provided to Landlord) to the entity
occupying the Premises, and Tenant shall be entitled to have an employee of Tenant accompany the person(s) entering the Premises. If, however, Tenant does not make an employee available in the Premises at the

  
 13 

 
time indicated in such notice or at such other time as may be mutually agreed upon by Landlord and Tenant, then (i) if the entry is for the purpose of performing work or providing services
which have been requested by Tenant and would not otherwise be performed or provided by Landlord, Landlord shall not enter the Premises (unless Tenant otherwise agrees), but (ii) if the entry is for another purpose permitted by this
Section, Landlord may enter the Premises. If reasonably necessary, Landlord may temporarily close all or a portion of the Premises to perform repairs, alterations and additions. However, except in emergencies, Landlord will not close the
Premises if the work can reasonably be completed on weekends and after Building Service Hours. Entry by Landlord shall not constitute a constructive eviction or entitle Tenant to an abatement or reduction of Rent provided that such entry is in
accordance with the provisions of this Lease. 
 Tenant, at its own expense, may provide its own locks to an area within the Premises
(“Secured Area”) containing no more than 500 rentable square feet of space. Tenant need not furnish Landlord with a key, but upon the Termination Date or earlier expiration or termination of the Lease or Tenant’s right to
possession, Tenant shall surrender all such keys to Landlord. If Landlord must gain access to a Secured Area in a non-emergency situation, Landlord shall contact Tenant, and Landlord and Tenant shall arrange a mutually agreed upon time for Landlord
to have such access. Landlord shall comply with all reasonable security measures pertaining to the Secured Area. If Landlord determines in its sole discretion that an emergency in the Building or the Premises, including, without limitation, a
suspected fire or flood, requires Landlord to gain access to the Secured Area, Tenant hereby authorizes Landlord to forcibly enter the Secured Area. In such event, Landlord shall have no liability whatsoever to Tenant with respect to such entrance
by Landlord, and Tenant shall pay all reasonable expenses incurred by Landlord in repairing or reconstructing any entrance, corridor, door or other portions of the Premises damaged as a result of a forcible entry by Landlord. Landlord shall have no
obligation to provide either janitorial service or cleaning in the Secured Area. 
  

	11.	Assignment and Subletting. 

  

	 	11.01	 Except in connection with a Business Transfer (defined in Section 11.04), Tenant shall not assign, sublease, transfer or encumber any interest in
this Lease or allow any third party to use any portion of the Premises (collectively or individually, a “Transfer”) without the prior written consent of Landlord, which consent shall not be unreasonably withheld, conditioned or
delayed if Landlord does not exercise its recapture rights under Section 11.02. Without limitation, it is agreed that Landlord’s consent shall not be considered unreasonably withheld if the proposed transferee is a governmental entity or
an occupant of the Building or if the proposed transferee, whether or not an occupant of the Building, is in discussions with Landlord regarding the leasing of comparable space within the Building. Notwithstanding the above, Landlord will not
withhold its consent with respect to a subtenant subleasing space only on the 14th floor of the Premises unless the proposed subtenant is an occupant of the Building and Landlord has a fully
executed letter of intent with the proposed subtenant for space available for lease in the Building that is comparable to the space Tenant desires to sublet. Landlord shall be deemed to have comparable space if it has, or will have, space available
on any floor of the Building that is approximately the same size as the space Tenant desires to sublet or assign within 6 months of the proposed commencement of the proposed sublease or assignment. Except with regard to a Business Transfer, if the
entity(ies) which directly or indirectly controls the voting shares/rights of Tenant (other than through the ownership of voting 

  
 14 

	 	
securities listed on a recognized securities exchange) changes at any time, such change of ownership or control shall constitute a Transfer; provided, however, the foregoing shall not apply to
the infusion of additional equity capital in Tenant or an initial public offering of equity securities of Tenant under the Securities Act of 1933, as amended, which results in Tenant’s stock being traded on a national securities exchange,
including, but not limited to, the NYSE, the NASDAQ Stock Market or the NASDAQ Small Cap Market System. Any Transfer in violation of this Section shall, at Landlord’s option, be deemed a Default by Tenant as described in Section 18, and
shall be voidable by Landlord. In no event shall any Transfer, including a Business Transfer, release or relieve Tenant from any obligation under this Lease, and Tenant shall remain primarily liable for the performance of the tenant’s
obligations under this Lease, as amended from time to time. 

  

	 	11.02	Tenant shall provide Landlord with financial statements for the proposed transferee (or, in the case of a change of ownership or control, for the proposed new controlling entity(ies)), a fully executed copy of the
proposed assignment, sublease or other Transfer documentation and such other information as Landlord may reasonably request. However, Tenant shall not be required to provide financial statements for a proposed subtenant subleasing only space on the
14th floor of the Premises. Within 10 Business Days after receipt of the required information and documentation, Landlord shall either: (a) consent to the Transfer by execution of a consent
agreement in a form reasonably designated by Landlord; (b) reasonably refuse to consent to the Transfer in writing; or (c) in the event of an assignment of this Lease or subletting of more than 20% of the Rentable Square Footage of the
Premises for more than 50% of the remaining Term (excluding unexercised options), recapture the portion of the Premises that Tenant is proposing to Transfer. Notwithstanding the above, Landlord shall not have the right to recapture any portion of
the Premises located on the 14th floor which Tenant intends to sublease (although Landlord shall have the right to recapture the 14th floor in
the event of an assignment of Tenant’s interest in the Lease). However, if Tenant is subleasing space on the 14th floor and one or more other floors on which the Premises is located (e.g.,
the 13th floor), then Landlord may still exercise its recapture right with respect to the applicable portion of the Premises not located on the
14th floor. In addition, notwithstanding the above, Landlord shall not have the right to recapture the Premises (or applicable portion thereof) in the event of a Business Transfer (defined in
Section 11.04). If Landlord exercises its right to recapture, this Lease shall automatically be amended (or terminated if the entire Premises is being assigned or sublet) to delete the applicable portion of the Premises effective on the
proposed effective date of the Transfer, although Landlord may require Tenant to execute a reasonable amendment or other document reflecting such reduction or termination. Tenant shall pay Landlord a review fee of $1,500.00 for Landlord’s
review of any requested Transfer. No review fee shall be payable in connection with a Business Transfer (defined in Section 11.04 below). 

Notwithstanding the above, if Landlord would be entitled to recapture all or any portion of the Premises in connection with a proposed
sublease of any portion of the Premises not located on the 14th floor, Tenant, prior to entering into a sublease shall have the right to advise Landlord (the “Prior Notice”) of
its intention to sublet the applicable portion of the Premises which Landlord has the 

  
 15 

 
right to recapture. In the Prior Notice, Tenant shall describe the portion of the Premises Tenant intends to sublease, and the expected effective date of the proposed sublease. Landlord, by
providing a recapture notice within 30 days after receipt of the Prior Notice, shall have the right to amend the Lease, effective as of the effective date set forth in the Prior Notice, to reduce the Premises such that the Premises subject to the
Lease shall exclude the space that Tenant intends to sublet and which Landlord is entitled to recapture, if Tenant intends to sublease a portion of the Premises. If Landlord fails to send its recapture notice within 30 days after the Prior Notice,
and if Tenant, within 9 months after the expiration of the 30 day period, enters into the sublease described in its Prior Notice with respect to the portion of the Premises described in the Prior Notice, then Landlord shall not have the right to
recapture such portion of the Premises in connection with such sublease, although the foregoing shall not affect Landlord’s right to withhold its consent to the Transfer. Notwithstanding the foregoing, Tenant shall not have the right to provide
Landlord with a Prior Notice more than two times during the Term of this Lease (including any extensions thereof). 
  

	 	11.03	Tenant shall pay Landlord 50% of all rent and other consideration which Tenant receives as a result of a Transfer that is in excess of the Rent payable to Landlord for the portion of the Premises and Term covered by the
Transfer. Tenant shall pay Landlord for Landlord’s share of the excess within 30 days after Tenant’s receipt of the excess. In determining the excess due Landlord, Tenant may deduct from the excess, on a straight-line basis, all reasonable
and customary expenses directly incurred by Tenant attributable to the Transfer including brokerage fees, legal fees, construction costs, and Landlord’s review fee. If Tenant is in Default, Landlord may require that all sublease payments be
made directly to Landlord, in which case Tenant shall receive a credit against Rent in the amount of Tenant’s share of payments received by Landlord. 

  

	 	11.04	 Tenant may assign this Lease to a successor to Tenant by merger, consolidation or the purchase of substantially all of Tenant’s assets, or assign
this Lease or sublet all or a portion of the Premises to an Affiliate (defined below), without the consent of Landlord, provided that all of the following conditions are satisfied (a “Business Transfer”): (a) Tenant must not be
in Default; (b) Tenant must give Landlord written notice at least 10 Business Days before such Transfer (provided that, if prohibited by confidentiality in connection with a proposed Business Transfer, then Tenant shall give Landlord written
notice within 10 days after the effective date of the proposed Business Transfer); and (c) except in the case of an assignment or sublease to an Affiliate, the Credit Requirement (defined below) must be satisfied. Tenant’s notice to
Landlord shall include information and documentation evidencing the Business Transfer and showing that each of the above conditions has been satisfied. If requested by Landlord, Tenant’s successor shall sign and deliver to Landlord a
commercially reasonable form of assumption agreement. “Affiliate” shall mean an entity controlled by, controlling or under common control with Tenant. The “Credit Requirement” shall be deemed satisfied if, as of the
date immediately preceding the date of the Business Transfer, the financial strength of (i) the entity with which Tenant is to merge or consolidate or (ii) the purchaser of substantially all of the assets of Tenant is not less than that of
Tenant, as determined (x) based on credit ratings of such entity and Tenant by both Moody’s and Standard & Poor’s (or by either 

  
 16 

	 	
such agency alone, if applicable ratings by the other agency do not exist), or (y) if such credit ratings do not exist, then in accordance with Moody’s KMV RiskCalc (i.e., the on-line
software tool offered by Moody’s for analyzing credit risk) based on CFO-certified financial statements for such entity and Tenant covering their last two fiscal years ending before the Transfer. 

 

	 	11.05	Notwithstanding anything to the contrary contained in this Section 11, neither Tenant nor any other person having a right to possess, use, or occupy (for convenience, collectively referred to in this subsection as
“Use”) the Premises shall enter into any lease, sublease, license, concession or other agreement for Use of all or any portion of the Premises which provides for rental or other payment for such Use based, in whole or in part, on
the net income or profits derived by any person that leases, possesses, uses, or occupies all or any portion of the Premises (other than an amount based on a fixed percentage or percentages of receipts or sales), and any such purported lease,
sublease, license, concession or other agreement shall be absolutely void and ineffective as a transfer of any right or interest in the Use of all or any part of the Premises. 

 

	12.	Liens. 

 Tenant shall not permit mechanics’ or other liens to be placed upon the Property, Premises
or Tenant’s leasehold interest in connection with any work or service done or purportedly done by or for the benefit of Tenant or its subtenants or transferees. Tenant shall give Landlord notice at least 5 Business Days prior to the
commencement of any work in the Premises to afford Landlord the opportunity, where applicable, to post and record notices of non-responsibility. Tenant, within 20 days of notice from Landlord, shall fully discharge any lien by settlement, by bonding
or by insuring over the lien in the manner prescribed by the applicable lien Law and, if Tenant fails to do so, Tenant shall be deemed in Default under this Lease and, in addition to any other remedies available to Landlord as a result of such
Default by Tenant, Landlord, at its option, may bond, insure over or otherwise discharge the lien. Tenant shall reimburse Landlord for any amount paid by Landlord, including, without limitation, reasonable attorneys’ fees. Landlord shall have
the right to require Tenant to post a performance or payment bond in connection with any work or service done or purportedly done by or for the benefit of Tenant which costs $500,000.00 or more when taken together in the aggregate. Tenant
acknowledges and agrees that all such work or service is being performed for the sole benefit of Tenant and not for the benefit of Landlord. 
  

	13.	Indemnity and Waiver of Claims. 

 Except to the extent caused by the negligence or willful
misconduct of Landlord or any Landlord Related Parties (defined below), Tenant shall indemnify, defend and hold Landlord and Landlord Related Parties harmless against and from all liabilities, obligations, damages, penalties, claims, actions, costs,
charges and expenses, including, without limitation, reasonable attorneys’ fees and other professional fees (if and to the extent permitted by Law) (collectively referred to as “Losses”), which may be imposed upon, incurred by
or asserted against Landlord or any of the Landlord Related Parties by any third party and arising out of or in connection with any damage or injury occurring in the Premises or any acts or omissions (including violations of Law) of Tenant, its
trustees, managers, members, principals, beneficiaries, partners, officers, directors, employees and agents (the “Tenant Related Parties”) or any of Tenant’s transferees, contractors or licensees. Except to the extent caused by
the negligence or willful misconduct of Tenant or any Tenant Related Parties, Landlord shall indemnify, defend and hold Tenant and 

  
 17 

 
the Tenant Related Parties harmless against and from all Losses which may be imposed upon, incurred by or asserted against Tenant or any of the Tenant Related Parties by any third party and
arising out of or in connection with any damage or injury occurring in the Premises caused by Landlord or any Landlord Related Parties or any acts or omissions (including violations of Law) of Landlord or any Landlord Related Parties (as herein
defined). Tenant hereby waives all claims against and releases Landlord and its trustees, managers, members, principals, beneficiaries, partners, officers, directors, employees, Mortgagees (defined in Section 23) and agents (the
“Landlord Related Parties”) from all claims for any injury to or death of persons, damage to property or business loss to the extent caused by (a) Force Majeure, (b) acts of third parties, (c) the bursting or leaking
of any tank, water closet, drain or other pipe, (d) the inadequacy or failure of any security or protective services, personnel or equipment, or (e) any matter not within the reasonable control of Landlord. Notwithstanding the foregoing,
except as provided in Section 15 to the contrary, Tenant shall not be required to waive any claims against Landlord (except, to the extent permitted by Law, for loss or damage to Tenant’s business) to the extent such loss or damage is due
to the negligence or willful misconduct of Landlord or any Landlord Related Parties. 
  

	14.	Tenant’s Insurance. Tenant shall maintain the following coverages in the following amounts: 

  

	 	14.01	Commercial General Liability Insurance covering claims of bodily injury, personal injury and property damage arising out of Tenant’s operations and contractual liabilities, including coverage formerly known as
broad form, on an occurrence basis, with minimum primary limits of $1,000,000 each occurrence and $2,000,000 annual aggregate (and not more than $25,000 self-insured retention) and a minimum excess/umbrella limit of $2,000,000. 

 

	 	14.02	Property insurance covering (i) all office furniture, business and trade fixtures, office equipment, free-standing cabinet work, movable partitions, merchandise and all other items of Tenant’s property in the
Premises installed by, for, or at the expense of Tenant (“Tenant’s Property”), and (ii) any Leasehold Improvements installed by or for the benefit of Tenant, whether pursuant to this Lease or pursuant to any prior lease or
other agreement to which Tenant was a party (“Tenant-Insured Improvements”). Such insurance shall be written on a special cause of loss form for physical loss or damage, for the full replacement cost value (subject to reasonable
deductible amounts) without deduction for depreciation of the covered items and in amounts that meet any co-insurance clauses of the policies of insurance, and shall include coverage for damage or other loss caused by fire or other peril, including
vandalism and malicious mischief, theft, water damage of any type, including sprinkler leakage, bursting or stoppage of pipes, and explosion, and providing business interruption coverage for a period of one year. 

 

	 	14.03	Worker’s Compensation and Employer’s Liability or other similar insurance to the extent required by Law. 

  

	 	14.04	 Form of Policies. The minimum limits of insurance required to be carried by Tenant shall not limit Tenant’s liability. Such insurance
shall (i) be issued by an insurance company that has an A.M. Best rating of not less than A-VIII; (ii) be in form and content reasonably acceptable to Landlord; and (iii) provide that it shall not be canceled or materially changed
without 30 days’ prior notice to Landlord, 

  
 18 

	 	
except that 10 days’ prior notice may be given in the case of nonpayment of premiums. Tenant’s Commercial General Liability Insurance shall (a) name Landlord, Landlord’s
managing agent, and any other party designated by Landlord (“Additional Insured Parties”) as additional insureds; and (b) be primary insurance as to all claims thereunder and provide that any insurance carried by Landlord is
excess and non-contributing with Tenant’s insurance. Landlord shall be designated as a loss payee with respect to Tenant’s Property insurance on any Tenant-Insured Improvements. Tenant shall deliver to Landlord, on or before the
Commencement Date and at least 15 days before the expiration dates thereof, certificates from Tenant’s insurance company on the forms currently designated “ACORD 28” (Evidence of Commercial Property Insurance) and
“ACORD 25-S” (Certificate of Liability Insurance) or the equivalent. Attached to the ACORD 25-S (or equivalent) there shall be an endorsement naming the Additional Insured Parties as additional insureds which shall be binding on
Tenant’s insurance company and shall expressly require the insurance company to notify each Additional Insured Party in writing at least 30 days before any termination or material change to the policies, except that 10 days’ prior notice
may be given in the case of nonpayment of premiums. Upon Landlord’s request, Tenant shall deliver to Landlord, in lieu of such certificates, copies of the policies of insurance required to be carried under Section 14.01 showing that the
Additional Insured Parties are named as additional insureds. 

  

	 	14.05	Tenant shall maintain such increased amounts of the insurance required to be carried by Tenant under this Section 14, and such other types and amounts of insurance covering the Premises and Tenant’s operations
therein, as may be reasonably requested by Landlord, but not in excess of the amounts and types of insurance then being required by landlords of buildings comparable to and in the vicinity of the Building. 

 

	15.	Subrogation. 

 Subject to Section 16, each party waives, and shall cause its insurance carrier to
waive, any right of recovery against the other for any loss of or damage to property which loss or damage is (or, if the insurance required hereunder had been carried, would have been) covered by insurance. For purposes of this Section 15, any
deductible with respect to a party’s insurance shall be deemed covered by, and recoverable by such party under, valid and collectable policies of insurance. 
  

	16.	Casualty Damage. 

  

	 	16.01	 If all or any portion of the Premises becomes untenantable or inaccessible by fire or other casualty to the Premises or the Common Areas (collectively
a “Casualty”), Landlord, with reasonable promptness, shall cause a general contractor selected by Landlord to provide Landlord with a written estimate of the amount of time required, using standard working methods, to substantially
complete the repair and restoration of the Premises and any Common Areas necessary to provide access to the Premises (“Completion Estimate”). Landlord shall promptly forward a copy of the Completion Estimate to Tenant. If the
Completion Estimate indicates that the Premises or any Common Areas necessary to provide access to the Premises cannot be made tenantable within 270 days from the date the repair is started, then either party shall have the right

  
 19 

	 	
to terminate this Lease upon written notice to the other within 30 days after Tenant’s receipt of the Completion Estimate. Tenant, however, shall not have the right to terminate this Lease
if the Casualty was caused by the gross negligence or intentional misconduct of Tenant or any Tenant Related Parties. In addition, Landlord, by notice to Tenant within 90 days after the date of the Casualty, shall have the right to terminate this
Lease if: (1) the Premises have been materially damaged and there is less than 1 year of the Term remaining on the date of the Casualty; (2) any Mortgagee requires that the insurance proceeds be applied to the payment of the mortgage debt;
or (3) a material uninsured loss to the Building or Premises occurs. Tenant shall have the right to terminate this Lease if: (a) a substantial portion of the Premises has been damaged by Casualty and such damage cannot reasonably be
repaired within 60 days after Tenant’s receipt of the Completion Estimate; (b) there is less than 1 year of the Term remaining on the date of the Casualty; (c) the Casualty was not caused by the negligence or willful misconduct of
Tenant or its agents, employees or contractors; and (d) Tenant provides Landlord with written notice of its intent to terminate within 30 days after the date of Tenant’s receipt of the Completion Estimate. 

 

	 	16.02	If this Lease is not terminated, Landlord shall promptly and diligently, subject to reasonable delays for insurance adjustment or other matters beyond Landlord’s reasonable control, restore the Premises and Common
Areas. Such restoration shall be to substantially the same condition that existed prior to the Casualty, except for modifications required by Law or any other modifications to the Common Areas deemed desirable by Landlord. Notwithstanding
Section 15, upon notice from Landlord, Tenant shall assign or endorse over to Landlord (or to any party designated by Landlord) all property insurance proceeds payable to Tenant under Tenant’s insurance with respect to any Leasehold
Improvements performed by or for the benefit of Tenant; provided if the estimated cost to repair such Leasehold Improvements exceeds the amount of insurance proceeds received by Landlord from Tenant’s insurance carrier, the excess cost of such
repairs shall be paid by Tenant to Landlord prior to Landlord’s commencement of repairs. Within 30 days of demand, Tenant shall also pay Landlord for any additional excess costs that are determined during the performance of the repairs to such
Leasehold Improvements. In no event shall Landlord be required to spend more for the restoration of the Premises and Common Areas than the proceeds received by Landlord, whether insurance proceeds or proceeds from Tenant. Landlord shall not be
liable for any inconvenience to Tenant, or injury to Tenant’s business resulting in any way from the Casualty or the repair thereof. Provided that Tenant is not in Default, during any period of time that all or a material portion of the
Premises is rendered untenantable as a result of a Casualty, the Rent shall abate for the portion of the Premises that is untenantable and not used by Tenant, provided that if Tenant is not entitled to an abatement of Rent due to a Tenant Default,
Tenant shall once again be entitled to an abatement of Rent as a result of such Casualty if Tenant cures such Default within any applicable notice and cure periods. 

 

	17.	Condemnation. 

 Either party may terminate this Lease if any material part of the Premises is
taken or condemned for any public or quasi-public use under Law, by eminent domain or private 

  
 20 

 
purchase in lieu thereof (a “Taking”). Landlord shall also have the right to terminate this Lease if there is a Taking of any portion of the Building or Property which would
have a material adverse effect on Landlord’s ability to profitably operate the remainder of the Building. The terminating party shall provide written notice of termination to the other party within 45 days after it first receives notice of the
Taking. The termination shall be effective as of the effective date of any order granting possession to, or vesting legal title in, the condemning authority. If this Lease is not terminated, Base Rent and Tenant’s Pro Rata Share shall be
appropriately adjusted to account for any reduction in the square footage of the Building or Premises. All compensation awarded for a Taking shall be the property of Landlord. The right to receive compensation or proceeds is expressly waived by
Tenant, provided, however, Tenant may file a separate claim for Tenant’s Property and Tenant’s reasonable relocation expenses. If only a part of the Premises is subject to a Taking and this Lease is not terminated, Landlord, with
reasonable diligence, will restore the remaining portion of the Premises as nearly as practicable to the condition immediately prior to the Taking. 
  

	18.	Events of Default. 

 In addition to any other default specifically described in this Lease, each of the
following occurrences shall be a “Default”: (a) Tenant’s failure to pay any portion of Rent when due, if the failure continues for 5 Business Days after written notice to Tenant (“Monetary Default”);
(b) Tenant’s failure (other than a Monetary Default) to comply with any term, provision, condition or covenant of this Lease, if the failure is not cured within 10 Business Days after written notice to Tenant provided, however, if
Tenant’s failure to comply cannot reasonably be cured within 10 Business Days, Tenant shall be allowed additional time (not to exceed 60 days) as is reasonably necessary to cure the failure so long as Tenant begins the cure within 10 Business
Days and diligently pursues the cure to completion; (c) Tenant permits a Transfer without Landlord’s required approval or otherwise in violation of Section 11 of this Lease; (d) Tenant or any Guarantor becomes insolvent, makes a
transfer in fraud of creditors, makes an assignment for the benefit of creditors, admits in writing its inability to pay its debts when due or forfeits or loses its right to conduct business; (e) the leasehold estate is taken by process or
operation of Law; or (f) Tenant is in default beyond any notice and cure period under any other lease or agreement direct with Landlord at the Building or Property. If Landlord provides Tenant with notice of Tenant’s failure to comply with
any specific provision of this Lease on 3 separate occasions during any 12 month period, Tenant’s subsequent violation of such provision in said 12 month period shall, at Landlord’s option, be an incurable Default by Tenant. All notices
sent under this Section shall be in satisfaction of, and not in addition to, notice required by Law. 
  

	19.	Remedies. 

 19.01 Upon Default, Landlord shall have the right to pursue any one or more
of the following remedies: 
 (a) Terminate this Lease, in which case Tenant shall immediately surrender the Premises to Landlord. If Tenant
fails to surrender the Premises, Landlord, in compliance with Law, may enter upon and take possession of the Premises and remove Tenant, Tenant’s Property and any party occupying the Premises. Tenant shall pay Landlord, on demand, all past due
Rent and other losses and damages Landlord suffers as a result of Tenant’s Default, including, without limitation, all Costs of Reletting (defined below) and any deficiency that may arise from reletting or the failure to relet the Premises.
“Costs of Reletting” shall include all reasonable costs and expenses incurred by Landlord in reletting or attempting to relet the Premises, including, without limitation, legal fees, brokerage commissions, the cost of alterations
and the value of other concessions or allowances granted to a new tenant. 

  
 21 

 (b) Terminate Tenant’s right to possession of the Premises and, in compliance with Law,
remove Tenant, Tenant’s Property and any parties occupying the Premises. Landlord may (but shall not be obligated to) relet all or any part of the Premises, without notice to Tenant, for such period of time and on such terms and conditions
(which may include concessions, free rent and work allowances) as Landlord shall reasonably determine. Landlord may collect and receive all rents and other income from the reletting. Tenant shall pay Landlord on demand all past due Rent, all Costs
of Reletting and any deficiency arising from the reletting or failure to relet the Premises. The re-entry or taking of possession of the Premises shall not be construed as an election by Landlord to terminate this Lease. Landlord agrees to use
reasonable efforts to mitigate damages, provided that those efforts shall not require Landlord to relet the Premises in preference to any other space in the Building or to relet the Premises to any party that Landlord could reasonably reject as a
transferee pursuant to Section 11. 
 19.02 In lieu of calculating damages under Section 19.01, Landlord may elect to receive as
damages the sum of (a) all Rent accrued through the date of termination of this Lease or Tenant’s right to possession, and (b) an amount equal to the total Rent that Tenant would have been required to pay for the remainder of the Term
discounted to present value at the Prime Rate (defined below) then in effect, minus the then present fair rental value of the Premises for the remainder of the Term, similarly discounted, after deducting all anticipated Costs of Reletting.
“Prime Rate” shall be the per annum interest rate publicly announced as its prime or base rate by a federally insured bank selected by Landlord in the state in which the Building is located. 

19.03 If Tenant is in Default of any of its non-monetary obligations under this Lease, Landlord shall have the right to perform such
obligations. Tenant shall reimburse Landlord for the cost of such performance upon demand together with an administrative charge equal to 10% of the cost of the work performed by Landlord. The repossession or re-entering of all or any part of the
Premises shall not relieve Tenant of its liabilities and obligations under this Lease. No right or remedy of Landlord shall be exclusive of any other right or remedy. Each right and remedy shall be cumulative and in addition to any other right and
remedy now or subsequently available to Landlord at Law or in equity. 
  

	20.	Limitation of Liability. 

 NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED IN THIS LEASE, THE
LIABILITY OF LANDLORD (AND OF ANY SUCCESSOR LANDLORD) SHALL BE LIMITED TO THE INTEREST OF LANDLORD IN THE PROPERTY. TENANT SHALL LOOK SOLELY TO LANDLORD’S INTEREST IN THE PROPERTY FOR THE RECOVERY OF ANY JUDGMENT OR AWARD AGAINST LANDLORD OR
ANY LANDLORD RELATED PARTY. NEITHER LANDLORD NOR ANY LANDLORD RELATED PARTY SHALL BE PERSONALLY LIABLE FOR ANY JUDGMENT OR DEFICIENCY, AND IN NO EVENT SHALL LANDLORD OR ANY LANDLORD RELATED PARTY BE LIABLE TO TENANT FOR ANY LOST PROFIT, DAMAGE TO OR
LOSS OF BUSINESS OR ANY FORM OF SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGE. BEFORE FILING SUIT FOR AN ALLEGED DEFAULT BY LANDLORD, TENANT SHALL GIVE LANDLORD AND THE MORTGAGEE(S) WHOM TENANT HAS BEEN NOTIFIED HOLD MORTGAGES (DEFINED IN SECTION 23
BELOW), NOTICE AND REASONABLE TIME TO CURE THE ALLEGED DEFAULT. WITHOUT LIMITING THE FOREGOING, IN NO 

  
 22 

 
EVENT SHALL LANDLORD OR ANY MORTGAGEES OR LANDLORD RELATED PARTIES EVER BE LIABLE FOR ANY CONSEQUENTIAL OR INCIDENTAL DAMAGES OR ANY LOST PROFITS OF TENANT. 

 

	21.	Intentionally Omitted. 

  

	22.	Holding Over. 

 If Tenant fails to surrender all or any part of the Premises at the termination of this
Lease, occupancy of the Premises after termination shall be that of a tenancy at sufferance. Tenant’s occupancy shall be subject to all the terms and provisions of this Lease, and Tenant shall pay an amount (on a per month basis without
reduction for partial months during the holdover) equal to 150% of the sum of the Base Rent and Additional Rent due for the period immediately preceding the holdover. No holdover by Tenant or payment by Tenant after the termination of this Lease
shall be construed to extend the Term or prevent Landlord from immediate recovery of possession of the Premises by summary proceedings or otherwise. If Tenant fails to vacate the Premises within 15 days after Landlord notifies Tenant after the end
of the Term that Landlord has entered into a lease for the Premises or has received a bona fide offer to lease the Premises and that Landlord will be unable to deliver possession or perform improvements due to Tenant’s holdover, and if Landlord
is unable to deliver possession of the Premises to a new tenant or to perform improvements for a new tenant as a result of Tenant’s holdover, then Tenant shall be liable for all damages that Landlord suffers from the holdover. 

 

	23.	Subordination to Mortgages; Estoppel Certificate. 

 23.01 Tenant accepts this Lease
subject and subordinate to the lien of any mortgage(s), deed(s) of trust, deeds to secure debt, ground lease(s) or other lien(s) now or subsequently arising upon the Premises, the Building or the Property, and to renewals, modifications,
refinancings and extensions thereof (collectively referred to as a “Mortgage”). The party having the benefit of a Mortgage shall be referred to as a “Mortgagee”. This clause shall be self-operative, but upon request
from a Mortgagee, Tenant shall execute a commercially reasonable subordination agreement in favor of the Mortgagee. As an alternative, a Mortgagee shall have the right at any time to subordinate its Mortgage to this Lease. Upon request, Tenant,
without charge, shall attorn to any successor to Landlord’s interest in this Lease. Notwithstanding the foregoing, upon written request by Tenant, Landlord will use reasonable efforts to obtain a non-disturbance, subordination and attornment
agreement from Landlord’s then current Mortgagee on such Mortgagee’s then current standard form of agreement. “Reasonable efforts” of Landlord shall not require Landlord to incur any cost, expense or liability to obtain such
agreement, it being agreed that Tenant shall be responsible for any fee or review costs charged by the Mortgagee. Upon request of Landlord, Tenant will execute the Mortgagee’s form of non-disturbance, subordination and attornment agreement and
return the same to Landlord for execution by the Mortgagee. Landlord’s failure to obtain a non-disturbance, subordination and attornment agreement for Tenant shall have no effect on the rights, obligations and liabilities of Landlord and Tenant
or be considered to be a default by Landlord hereunder. Landlord and Tenant shall each, within 10 days after receipt of a written request from the other, execute and deliver a commercially reasonable estoppel certificate to those parties as are
reasonably requested by the other (including a Mortgagee or prospective purchaser). Without limitation, such estoppel certificate may include a certification as to the status of this Lease, the existence of any defaults and the amount of Rent that
is due and payable. A bona fide, good faith dispute about the accuracy of the contents of any such certificate shall not constitute non-delivery, provided that the certifying party certifies those items that are not in dispute and communicates with
the other party’s representatives the nature of any disputed items. 

  
 23 

 23.02 In the event Mortgagee enforces it rights under the Mortgage, Tenant, at Mortgagee’s
option, will attorn to Mortgagee or its successor; provided, however, that Mortgagee or its successor shall not be liable for or bound by (i) any payment of any Rent installment which may have been made more than 30 days before the due date of
such installment, (ii) any act or omission of or default by Landlord under this Lease (but Mortgagee, or such successor, shall be subject to the continuing obligations of landlord under the Lease to the extent arising from and after such
succession to the extent of Mortgagee’s, or such successor’s, interest in the Property), (iii) any credits, claims, setoffs or defenses which Tenant may have against Landlord or (iv) any obligation under this Lease to maintain a
fitness facility at the Building, if any. Tenant, upon the reasonable request by Mortgagee or such successor in interest, shall execute and deliver an instrument or instruments confirming such attornment. 

 

	24.	Notice. 

 All demands, approvals, consents or notices (collectively referred to as a
“notice”) shall be in writing and delivered by hand or sent by registered, express, or certified mail, with return receipt requested or with delivery confirmation requested from the U.S. postal service, or sent by overnight or same
day courier service at the party’s respective Notice Address(es) set forth in Section 1; provided, however, notices sent by Landlord regarding general Building operational matters may be posted in the Building mailroom or the general
Building newsletter or sent via e-mail to the e-mail address provided by Tenant to Landlord for such purpose. In addition, if the Building is closed (whether due to emergency, governmental order or any other reason), then any notice address at the
Building shall not be deemed a required notice address during such closure, and, unless Tenant has provided an alternative valid notice address to Landlord for use during such closure, any notices sent during such closure may be sent via e-mail or
in any other practical manner reasonably designed to ensure receipt by the intended recipient. Each notice shall be deemed to have been received on the earlier to occur of actual delivery or the date on which delivery is refused, or, if Tenant has
vacated the Premises or any other Notice Address of Tenant without providing a new Notice Address, 3 days after notice is deposited in the U.S. mail or with a courier service in the manner described above. Either party may, at any time, change its
Notice Address (other than to a post office box address) by giving the other party written notice of the new address. 
  

	25.	Surrender of Premises. 

 At the termination of this Lease or Tenant’s right of possession, Tenant
shall remove Tenant’s Property from the Premises, and, subject to the provisions of Section 8, quit and surrender the Premises to Landlord, broom clean, and in such order, condition and repair as the same shall be as of the Commencement
Date or as the same may be subsequently altered subject to Landlord’s prior approval thereof, ordinary wear and tear and damage which Landlord is obligated to repair hereunder excepted. If Tenant fails to remove any of Tenant’s Property,
or to restore the Premises to the required condition, within 5 Business Days after termination of this Lease or Tenant’s right to possession, Landlord, at Tenant’s sole cost and expense, shall be entitled (but not obligated) to remove and
store Tenant’s Property and/or perform such restoration of the Premises. Landlord shall not be responsible for the value, preservation or safekeeping of Tenant’s Property. Tenant shall pay Landlord, upon demand, the expenses and storage
charges incurred. If Tenant fails to remove Tenant’s Property from the Premises or storage, within 30 days after notice, Landlord may deem all or any part of Tenant’s Property to be abandoned and, at Landlord’s option, title to
Tenant’s Property shall vest in Landlord or Landlord may dispose of Tenant’s Property in any manner Landlord deems appropriate. 

  
 24 

	26.	Miscellaneous. 

 26.01 This Lease shall be interpreted and enforced in accordance with
the Laws of the state or commonwealth in which the Building is located and Landlord and Tenant hereby irrevocably consent to the jurisdiction and proper venue of such state or commonwealth. If any term or provision of this Lease shall to any extent
be void or unenforceable, the remainder of this Lease shall not be affected. If there is more than one Tenant or if Tenant is comprised of more than one party or entity, the obligations imposed upon Tenant shall be joint and several obligations of
all the parties and entities, and requests or demands from any one person or entity comprising Tenant shall be deemed to have been made by all such persons or entities. Notices to any one person or entity shall be deemed to have been given to all
persons and entities. Tenant represents and warrants to Landlord, and agrees, that each individual executing this Lease on behalf of Tenant is authorized to do so on behalf of Tenant and that the entity(ies) or individual(s) constituting Tenant or
Guarantor or which may own or control Tenant or Guarantor or which may be owned or controlled by Tenant or Guarantor are not and at no time will be (i) in violation of any Laws relating to terrorism or money laundering, or (ii) among the
individuals or entities identified on any list compiled pursuant to Executive Order 13224 for the purpose of identifying suspected terrorists or on the most current list published by the U.S. Treasury Department Office of Foreign Assets Control at
its official website, http://www.treasury.gov/resource-center/sanctions/SDN-List/Pages/default.aspx or any replacement website or other replacement official publication of such list. 

26.02 If Landlord retains an attorney or institutes legal proceedings due to Tenant’s failure to pay Rent when due, then Tenant shall be
required to pay Additional Rent in an amount equal to the reasonable attorneys’ fees and costs actually incurred by Landlord in connection therewith. Notwithstanding the foregoing, in any action or proceeding between Landlord and Tenant,
including any appellate or alternative dispute resolution proceeding, the prevailing party shall be entitled to recover from the non-prevailing party all of its costs and expenses in connection therewith, including, but not limited to, reasonable
attorneys’ fees actually incurred. Landlord and Tenant hereby waive any right to trial by jury in any proceeding based upon a breach of this Lease. No failure by either party to declare a default immediately upon its occurrence, nor any delay
by either party in taking action for a default, nor Landlord’s acceptance of Rent with knowledge of a default by Tenant, shall constitute a waiver of the default, nor shall it constitute an estoppel. 

26.03 Whenever a period of time is prescribed for the taking of an action by Landlord or Tenant (other than the payment of the Security
Deposit or Rent), the period of time for the performance of such action shall be extended by the number of days that the performance is actually delayed due to strikes, acts of God, shortages of labor or materials, war, terrorist acts, pandemics,
civil disturbances and other causes beyond the reasonable control of the performing party (“Force Majeure”). 
 26.04
Landlord shall have the right to transfer and assign, in whole or in part, all of its rights and obligations under this Lease and in the Building and Property. Upon transfer, Landlord shall be released from any further obligations hereunder and
Tenant agrees to look solely to the successor in interest of Landlord for the performance of such obligations, provided that any successor pursuant to a voluntary, third party transfer (but not as part of an involuntary transfer resulting from a
foreclosure or deed in lieu thereof) shall have assumed Landlord’s obligations under this Lease from and after the date of the transfer. 

  
 25 

 26.05 Landlord has delivered a copy of this Lease to Tenant for Tenant’s review only and the
delivery of it does not constitute an offer to Tenant or an option. Tenant represents that it has dealt directly with and only with the Broker (described in Section 1.10) as a broker, agent or finder in connection with this Lease. Tenant shall
indemnify and hold Landlord and the Landlord Related Parties harmless from all claims of any other brokers, agents or finders claiming to have represented Tenant in connection with this Lease. Landlord shall indemnify and hold Tenant and the Tenant
Related Parties harmless from all claims of any brokers, agents or finders claiming to have represented Landlord in connection with this Lease. Equity Office Properties Management Corp., or such other entity affiliated with Equity Office Properties
Management Corp. that is involved in the negotiation of this Lease (each referred to as “EOPMC”), represents only the Landlord in this transaction. Any assistance rendered by any agent or employee of EOPMC in connection with this
Lease or any subsequent amendment or modification or any other document related hereto has been or will be made as an accommodation to Tenant solely in furtherance of consummating the transaction on behalf of Landlord, and not as agent for Tenant.
Landlord agrees to pay a brokerage commission to Tenant’s Broker and Landlord’s Broker in accordance with the terms of separate commission agreements entered into or to be entered into between Landlord and Tenant’s Broker, and
Landlord and Landlord’s Broker, respectively, provided that in no event shall Landlord be obligated to pay a commission to Tenant’s Broker or Landlord’s Broker in connection with any extension of the Term or in connection with any
additional space that is leased by Tenant pursuant to the terms of this Lease except as may be specifically provided otherwise in such agreement or future agreement between Landlord and Tenant’s Broker, and Landlord and Landlord’s Broker,
respectively. 
 26.06 Time is of the essence with respect to Tenant’s exercise of any expansion, renewal or extension rights granted
to Tenant. The expiration of the Term, whether by lapse of time, termination or otherwise, shall not relieve either party of any obligations which accrued prior to or which may continue to accrue after the expiration or termination of this Lease.

 26.07 Tenant may peacefully have, hold and enjoy the Premises, subject to the terms of this Lease, provided Tenant pays the Rent and
fully performs all of its covenants and agreements. This covenant shall be binding upon Landlord and its successors only during its or their respective periods of ownership of the Building. 

26.08 This Lease does not grant any rights to light or air over or about the Building. Landlord accepts and reserves exclusively to itself any
and all rights not specifically granted to Tenant under this Lease. Landlord reserves the right to make changes to the Property, Building and Common Areas as Landlord deems appropriate. This Lease constitutes the entire agreement between the parties
and supersedes all prior agreements and understandings related to the Premises, including all lease proposals, letters of intent and other documents. Neither party is relying upon any warranty, statement or representation not contained in this
Lease. This Lease may be modified only by a written agreement signed by an authorized representative of Landlord and Tenant. Wherever this Lease requires Landlord to provide a customary service or to act in a reasonable manner (whether in incurring
an expense, establishing a rule or regulation, providing an approval or consent, or performing any other act), this Lease shall be deemed also to provide that whether such service is customary or such conduct is reasonable shall be determined by
reference to the practices of owners of buildings that (i) are comparable to the Building in size, age, class, quality and location, and (ii) at 

  
 26 

 
Landlord’s option, have been, or are being prepared to be, certified under the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) rating system or a
similar rating system. 
 26.09 Submission of this Lease by Landlord is not an offer to enter into this Lease but rather is a solicitation
for such an offer by Tenant. Landlord shall not be bound by this Lease until Landlord has executed and delivered the same to Tenant. Tenant agrees that its execution of this Lease constitutes a firm offer to enter the same, which may not be
withdrawn for a period of 30 days after delivery to Landlord (or such other period as may be expressly provided in any other agreement signed by the parties). 

26.10 If Landlord is advised by its counsel at any time that any part of the payments by Tenant to Landlord under this Lease may be
characterized as unrelated business income under the United States Internal Revenue Code and its regulations, then Tenant shall enter into any amendment proposed by Landlord to avoid such income, so long as the amendment does not increase
Tenant’s obligations or reduce Tenant’s rights under this Lease. 
 26.11 This Lease may be executed in counterparts and shall
constitute an agreement binding on all parties notwithstanding that all parties are not signatories to the original or the same counterpart provided that all parties are furnished a copy or copies thereof reflecting the signature of all parties.
Transmission of a facsimile or by email of a pdf copy of the signed counterpart of the Lease shall be deemed the equivalent of the delivery of the original, and any party so delivering a facsimile or pdf copy of the signed counterpart of the Lease
by email transmission shall in all events deliver to the other party an original signature promptly upon request. 

  
 27 

 Landlord and Tenant have executed this Lease under seal in two or more counterparts as of the day
and year first above written. 
  

			
	 LANDLORD:

	
	MA-100 SUMMER STREET OWNER, L.L.C., a Delaware limited liability company
		
	 By:
		MA-100 Summer Street, L.L.C., a Delaware limited liability company, its sole member
		
	 By:
		 /s/ John Conley

		
	 Name:
		John Conley
		
	 Title:
		Vice President, Asset Management
	
	 TENANT:

	
	 RAPID7, INC., a Delaware corporation

		
	 By:
		 /s/ Steven Gatoff

		
	 Name:
		Steven Gatoff
		
	 Title:
		Chief Financial Officer

  
 28 

 EXHIBIT A-1 

OUTLINE AND LOCATION OF PREMISES 

This Exhibit is attached to and made a part of the Office Lease Agreement (the “Lease”) by and between MA-100
SUMMER STREET OWNER, L.L.C., a Delaware limited liability company (“Landlord”), and RAPID7, INC., a Delaware corporation (“Tenant”), for space in the Building located at 100 Summer Street, Boston,
Massachusetts 02110. 
  
 

 

  
 A-1 

 EXHIBIT A-2 

OUTLINE AND LOCATION OF SUITE 1400 EXPANSION SPACE 

This Exhibit is attached to and made a part of the Office Lease Agreement (the “Lease”) by and between MA-100 SUMMER
STREET OWNER, L.L.C., a Delaware limited liability company (“Landlord”), and RAPID7, INC., a Delaware corporation (“Tenant”), for space in the Building located at 100 Summer Street, Boston, Massachusetts
02110. 
  
 

 

  
 A-2 

 EXHIBIT A-3 

OUTLINE AND LOCATION OF SUITE 1401 EXPANSION SPACE 

This Exhibit is attached to and made a part of the Office Lease Agreement (the “Lease”) by and between MA-100 SUMMER
STREET OWNER, L.L.C., a Delaware limited liability company (“Landlord”), and RAPID7, INC., a Delaware corporation (“Tenant”), for space in the Building located at 100 Summer Street, Boston, Massachusetts
02110. 
  
 

 

  
 A-3 

 EXHIBIT A-4 

OUTLINE AND LOCATION OF OFFERING SPACE 1 AND OFFERING SPACE 2 

This Exhibit is attached to and made a part of the Office Lease Agreement (the “Lease”) by and between MA-100 SUMMER
STREET OWNER, L.L.C., a Delaware limited liability company (“Landlord”), and RAPID7, INC., a Delaware corporation (“Tenant”), for space in the Building located at 100 Summer Street, Boston, Massachusetts
02110. 
  
 

 

  
 A-4 

 EXHIBIT B 

EXPENSES AND TAXES 

This Exhibit is attached to and made a part of the Office Lease Agreement (the “Lease”) by and between MA-100 SUMMER
STREET OWNER, L.L.C., a Delaware limited liability company (“Landlord”), and RAPID7, INC., a Delaware corporation (“Tenant”), for space in the Building located at 100 Summer Street, Boston, Massachusetts
02110. Capitalized terms used but not defined herein shall have the meanings given in the Lease. 
  

	1.	Payments. 

 1.01 Tenant shall pay Tenant’s Pro Rata Share of the amount, if any, by
which Expenses (defined below) for each calendar year during the Term exceed Expenses for the Base Year (the “Expense Excess”) and also the amount, if any, by which Taxes (defined below) for each Fiscal Year during the Term exceed
the Base Year amount of Taxes for the Building as described in Section 1.05 above (the “Tax Excess”). If Expenses or Taxes in any calendar year or Fiscal Year decrease below the amount of Expenses or Taxes for the Base Year,
Tenant’s Pro Rata Share of Expenses or Taxes, as the case may be, for that calendar year or Fiscal Year shall be $0. Landlord shall provide Tenant with a good faith estimate of the Expense Excess and of the Tax Excess for each calendar year or
Fiscal Year during the Term. On or before the first day of each month, Tenant shall pay to Landlord a monthly installment equal to one-twelfth of Tenant’s Pro Rata Share of Landlord’s estimate of both the Expense Excess and Tax Excess. If
Landlord determines that its good faith estimate of the Expense Excess or of the Tax Excess was incorrect by a material amount, Landlord may (but not more than twice in any 12 month period) provide Tenant with a revised estimate. After its receipt
of a revised estimate, Tenant’s monthly payments shall be based upon the revised estimate. If Landlord does not provide Tenant with an estimate of the Expense Excess or the Tax Excess by the first day of a calendar year or Fiscal Year, as the
case may be, Tenant shall continue to pay monthly installments based on the previous year’s estimate(s) until Landlord provides Tenant with the new estimate. Upon delivery of the new estimate, an adjustment shall be made for any month for which
Tenant paid monthly installments based on the previous year’s estimate. Tenant shall pay Landlord the amount of any underpayment within 30 days after receipt of the new estimate. Any overpayment shall be refunded to Tenant within 30 days or
credited against the next due future installment(s) of Rent. 
 1.02 As soon as is practical following the end of each calendar year or
Fiscal Year, as the case may be, Landlord shall furnish Tenant with a statement of the actual Expenses and Expense Excess and the actual Taxes and Tax Excess for the prior calendar year or Fiscal Year, as the case may be. Landlord shall use
reasonable efforts to furnish the statement of actual Expenses on or before June 1 of the calendar year immediately following the calendar year to which the statement applies. If the estimated Expense Excess or estimated Tax Excess for the
prior calendar year or Fiscal Year, as the case may be, is more than the actual Expense Excess or actual Tax Excess for the prior calendar year or Fiscal Year, as the case may be, Landlord shall either provide Tenant with a refund or apply any
overpayment by Tenant against Rent due or next becoming due, provided if the Term expires before the determination of the overpayment, Landlord shall refund any overpayment to Tenant after first deducting the amount of Rent due. If the estimated
Expense Excess or estimated Tax Excess for the prior calendar year or Fiscal Year, as the case may be, is less than the actual Expense Excess or actual Tax Excess, for such prior calendar year or Fiscal Year, as the case may be, Tenant shall pay
Landlord, within 30 days after its receipt of the statement of Expenses or Taxes, any 

  
 B-1 

 
underpayment for the prior calendar year or Fiscal Year, as the case may be. Any Expenses not billed to Tenant within 1 year after the end of the calendar year in question shall be deemed waived
by Landlord and Tenant shall have no further obligation in connection with such Expenses. 
  

	2.	Expenses. 

 2.01 “Expenses” means all costs and expenses incurred in
each calendar year in connection with operating, maintaining, repairing, and managing the Building and the Property. Landlord shall act in a reasonable manner in incurring Expenses. Expenses include, without limitation: (a) all labor and labor
related costs, including wages, salaries, bonuses, taxes, insurance, uniforms, training, retirement plans, pension plans and other employee benefits; (b) management fees in an amount equal to 3% of the gross revenues from the Building and the
Property; (c) the cost of equipping, staffing and operating an on-site and/or off-site management office for the Building, provided if the management office services one or more other buildings or properties, the shared costs and expenses of
equipping, staffing and operating such management office(s) shall be equitably prorated and apportioned between the Building and the other buildings or properties; (d) accounting costs; (e) the cost of services; (f) rental and
purchase cost of parts, supplies, tools and equipment; (g) insurance premiums and deductibles; (h) electricity, gas and other utility costs; and (i) the amortized cost of capital improvements (as distinguished from replacement parts
or components installed in the ordinary course of business) made subsequent to the Base Year which are: (1) intended to effect economies in the operation or maintenance of the Property, reduce current or future Expenses, enhance the safety or
security of the Property or its occupants, or enhance the environmental sustainability of the Property’s operations, (2) replacements or modifications of nonstructural items located in the Base Building or Common Areas that are required to
keep the Base Building or Common Areas in good condition, or (3) required under any Law. The cost of capital improvements shall be amortized by Landlord over the lesser of the Payback Period (defined below) or the useful life of the capital
improvement as reasonably determined by Landlord. The amortized cost of capital improvements may, at Landlord’s option, include actual or imputed interest at the Prime Rate plus one percent. “Payback Period” means the
reasonably estimated period of time that it takes for the cost savings resulting from a capital improvement to equal the total cost of the capital improvement. Landlord, by itself or through an affiliate, shall have the right to directly perform,
provide and be compensated for any services under the Lease. If Landlord incurs Expenses for the Building or Property together with one or more other buildings or properties, whether pursuant to a reciprocal easement agreement, common area agreement
or otherwise, the shared costs and expenses shall be equitably prorated and apportioned between the Building and Property and the other buildings or properties. 

2.02 Expenses shall not include: the cost of capital improvements (except as set forth above); depreciation; principal payments of mortgage
and other non-operating debts of Landlord; the cost of repairs or other work to the extent Landlord is reimbursed by insurance or condemnation proceeds; advertising and promotional expenditures; costs in connection with leasing space in the
Building, including brokerage commissions; lease concessions, rental abatements and construction allowances granted to specific tenants; costs incurred in connection with the sale, financing or refinancing of the Building; fines, interest and
penalties incurred due to the late payment of Taxes or Expenses; organizational expenses associated with the creation and operation of the entity which constitutes Landlord; wages, salaries, fees, and fringe benefits (“Labor Costs”)
paid to executive personnel or officers or partners of Landlord, except that if such individuals provide services directly related to the operation, maintenance or ownership of the Building which, if provided directly by a general

  
 B-2 

 
manager/property manager or its general support staff, would normally be chargeable as an operating expense of a comparable office Building, then an appropriate pro rata share of the Labor Costs
of such individuals that is reflective of the extent to which such individuals are providing such services to the Building may be included in Expenses; ground lease rental; attorney’s fees and other expenses incurred in connection with
negotiations or disputes with prospective tenants or tenants or other occupants of the Building; sums (other than management fees, it being agreed that the management fees included in Expenses are as described in Section 2.01 above) paid to
subsidiaries or other affiliates of Landlord for services on or to the Property, Building and/or Premises, but only to the extent that the costs of such services exceed the competitive cost for such services rendered by persons or entities of
similar skill, competence and experience; any cost or expense related to removal, cleaning, abatement or remediation of “hazardous materials” in or about the Building, Common Area or Property, including, without limitation, hazardous
substances in the ground water or soil, except to the extent such removal, cleaning, abatement or remediation is related to the general repair and maintenance of the Building, Common Area or Property; reserves not spent by Landlord by the end of the
calendar year for which Expenses are paid; Landlord’s charitable and political contributions; all costs of purchasing or leasing major sculptures, paintings or other major works or objects of art (as opposed to decorations purchased or leased
by Landlord for display in the Common Areas of the Building); or any penalties or damages that Landlord pays to Tenant under this Lease or to other tenants in the Building under their respective leases. 

2.03 If at any time during a calendar year the Building is not at least 95% occupied (or a service provided by Landlord to tenants of the
Building generally is not provided by Landlord to a tenant that provides such service itself, or any tenant of the Building is entitled to free rent, rent abatement or the like), Expenses shall, at Landlord’s option, be determined as if the
Building had been 95% occupied (and all services provided by Landlord to tenants of the Building generally had been provided by Landlord to all tenants, and no tenant of the Building had been entitled to free rent, rent abatement or the like) during
that calendar year. If Expenses for a calendar year are determined as provided in the prior sentence, Expenses for the Base Year shall also be determined in such manner. Notwithstanding the foregoing, Landlord may calculate the extrapolation of
Expenses under this Section based on 100% occupancy and service so long as such percentage is used consistently for each year of the Term. The extrapolation of Expenses under this Section shall be performed in accordance with the methodology
specified by the Building Owners and Managers Association. 
 3. “Taxes” shall mean: (a) all real property taxes and other assessments
on the Building and/or Property, including, but not limited to, gross receipts taxes, assessments for special improvement districts and building improvement districts, governmental charges, fees and assessments for police, fire, traffic mitigation
or other governmental service of purported benefit to the Property, taxes and assessments levied in substitution or supplementation in whole or in part of any such taxes and assessments and the Property’s share of any real estate taxes and
assessments under any reciprocal easement agreement, common area agreement or similar agreement as to the Property; (b) all personal property taxes for property that is owned by Landlord and used in connection with the operation, maintenance
and repair of the Property; and (c) all costs and fees incurred in connection with seeking reductions in any tax liabilities described in (a) and (b), including, without limitation, any costs incurred by Landlord for compliance, review and
appeal of tax liabilities. Landlord shall use its good faith judgment during each Fiscal Year (or partial Fiscal Year) during the Term to determine the appropriate action to follow in order to minimize Taxes as much as reasonably possible for each
applicable Fiscal Year. Without limitation, Taxes shall be determined without regard to any “green building” credit and shall not include any income, capital levy, transfer, capital stock, gift, estate

  
 B-3 

 
or inheritance tax. If a change in Taxes is obtained for any year of the Term during which Tenant paid Tenant’s Pro Rata Share of any Tax Excess, then Taxes for that year will be
retroactively adjusted and Landlord shall provide Tenant with a credit, if any, based on the adjustment. Tenant shall pay Landlord the amount of Tenant’s Pro Rata Share of any such increase in the Tax Excess within 30 days after Tenant’s
receipt of a statement from Landlord. 
 4. Audit Rights. Within 90 days after receiving Landlord’s statement of Expenses (or, with respect to
the Base Year Expenses, within 60 days after receiving Landlord’s initial statement of Expenses for the Base Year) (each such period is referred to as the “Review Notice Period”), Tenant may give Landlord written notice
(“Review Notice”) that Tenant intends to review Landlord’s records of the Expenses for the calendar year (or Base Year, as applicable) to which the statement applies, and within 90 days after sending the Review Notice to
Landlord (such period is referred to as the “Request for Information Period”), Tenant shall send Landlord a written request identifying, with a reasonable degree of specificity, the information that Tenant desires to review (the
“Request for Information”). Within a reasonable time after Landlord’s receipt of a timely Request for Information and executed Audit Confidentiality Agreement (referenced below), Landlord, as determined by Landlord, shall
forward to Tenant, or make available for inspection on site at such location deemed reasonably appropriate by Landlord, such records (or copies thereof) for the applicable calendar year (or Base Year, as applicable) that are reasonably necessary for
Tenant to conduct its review of the information appropriately identified in the Request for Information. Within 90 days after any particular records are made available to Tenant (such period is referred to as the “Objection
Period”), Tenant shall have the right to give Landlord written notice (an “Objection Notice”) stating in reasonable detail any objection to Landlord’s statement of Expenses for that year which relates to the records
that have been made available to Tenant. If Tenant provides Landlord with a timely Objection Notice, Landlord and Tenant shall work together in good faith to resolve any issues raised in Tenant’s Objection Notice. If Landlord and Tenant
determine that Expenses for the calendar year are less than reported, Landlord shall provide Tenant with a credit against the next installment of Rent in the amount of the overpayment by Tenant. Likewise, if Landlord and Tenant determine that
Expenses for the calendar year are greater than reported, Tenant shall pay Landlord the amount of any underpayment within 30 days. If Tenant fails to give Landlord an Objection Notice with respect to any records that have been made available to
Tenant prior to expiration of the Objection Period applicable to the records which have been provided to Tenant, Tenant shall be deemed to have approved Landlord’s statement of Expenses with respect to the matters reflected in such records and
shall be barred from raising any claims regarding the Expenses relating to such records for that year. If Tenant fails to provide Landlord with a Review Notice prior to expiration of the Review Notice Period or fails to provide Landlord with a
Request for Information prior to expiration of the Request for Information Period described above, Tenant shall be deemed to have approved Landlord’s statement of Expenses and shall be barred from raising any claims regarding the Expenses for
that year. 
 If Tenant retains an agent to review Landlord’s records, the agent must be with a CPA firm licensed to do business in the state or
commonwealth where the Property is located. Notwithstanding the foregoing, Landlord agrees that Tenant may retain a third party agent to review Landlord’s books and records which is not a CPA firm, so long as the third party agent retained by
Tenant shall have expertise in and familiarity with general industry practice with respect to the operation of and accounting for a first class office building and whose compensation shall in no way be contingent upon or correspond to the financial
impact on Tenant resulting from the review. Tenant shall be solely responsible for all costs, expenses and fees incurred for the audit, and the fees charged cannot be based in whole or in part on a contingency basis. However, notwithstanding the
foregoing, if Landlord and Tenant determine 

  
 B-4 

 
that Expenses for the Building for the year in question were less than stated by more than 4%, Landlord, within 30 days after its receipt of paid invoices therefor from Tenant, shall
reimburse Tenant for the reasonable amounts paid by Tenant to third parties in connection with such review by Tenant. The records and related information obtained by Tenant shall be treated as confidential, and applicable only to the Building, by
Tenant and its auditors, consultants and other parties reviewing such records on behalf of Tenant (collectively, “Tenant’s Auditors”), and, prior to making any records available to Tenant or Tenant’s Auditors, Landlord may
require Tenant and Tenant’s Auditors to each execute a reasonable confidentiality agreement (“Audit Confidentiality Agreement”) in accordance with the foregoing. In no event shall Tenant be permitted to examine Landlord’s
records or to dispute any statement of Expenses unless Tenant has paid and continues to pay all Rent when due. 

  
 B-5 

 EXHIBIT C 

WORK LETTER 
 This
Exhibit is attached to and made a part of the Office Lease Agreement (the “Lease”) by and between MA-100 SUMMER STREET OWNER, L.L.C., a Delaware limited liability company (“Landlord”), and RAPID7, INC., a
Delaware corporation (“Tenant”), for space in the Building located at 100 Summer Street, Boston, Massachusetts 02110. Capitalized terms used but not defined herein shall have the meanings given in the Lease. 

As used in this Work Letter, the “Premises” shall be deemed to mean the Premises, as initially defined in the attached Lease.

  

	1.	Alterations and Allowance. 

  

	 	1.01	Tenant, following the delivery of the Premises by Landlord and the full and final execution and delivery of the Lease to which this Exhibit is attached and all prepaid rental and Letter of Credit required under the
Lease, shall have the right to perform alterations and improvements in the Premises to prepare the Premises for Tenant’s occupancy (the “Initial Alterations”). Notwithstanding the foregoing, Tenant and its contractors shall not
have the right to perform Initial Alterations in the Premises unless and until Tenant has complied with all of the terms and conditions of Section 9 of the Lease, including, without limitation, approval by Landlord of the final plans for the
Initial Alterations and the contractors to be retained by Tenant to perform such Initial Alterations. Tenant shall be responsible for all elements of the design of Tenant’s plans (including, without limitation, compliance with Law,
functionality of design, the structural integrity of the design, the configuration of the Premises and the placement of Tenant’s furniture, appliances and equipment), and Landlord’s approval of Tenant’s plans shall in no event relieve
Tenant of the responsibility for such design. Landlord’s approval of the contractors to perform the Initial Alterations shall not be unreasonably withheld, conditioned or delayed. Landlord hereby approves the following as general contractors
for the Initial Alterations: Shawmut, Columbia, Structure Tone and Lee Kennedy. The parties agree that Landlord’s approval of the general contractor to perform the Initial Alterations shall not be considered to be unreasonably withheld if any
such general contractor (i) does not have trade references reasonably acceptable to Landlord, (ii) does not maintain insurance as required pursuant to the terms of this Lease, (iii) does not have the ability to be bonded for the work
in an amount of no less than 150% of the total estimated cost of the Initial Alterations (provided that Shawmut, Columbia, Structure Tone and Lee Kennedy need only have the ability to be bonded for the work in an amount of no less than 100% of the
total estimated cost of the Initial Alterations), (iv) does not provide current financial statements reasonably acceptable to Landlord, or (v) is not licensed as a contractor in the state/municipality in which the Premises is located.
Tenant acknowledges the foregoing is not intended to be an exclusive list of the reasons why Landlord may reasonably withhold its consent to a general contractor. 

Provided there does not exist an uncured Default by Tenant under the Lease, Landlord agrees to contribute the sum of $2,561,295.00
(i.e., $55.00 per square foot of the Premises) (the “Allowance”) to be applied towards toward the cost of  

  
 C-1 

 
(i) the Initial Alterations in preparation of Tenant’s initial occupancy of the Premises (including, but not limited to, the cost of preparing design and construction documents and
mechanical and electrical plans for the Initial Alterations, the cost of city permits, and for hard costs in connection with the Initial Alterations), provided that Tenant provides Landlord with the documentation set forth in this Section 1.02
below relating to the Initial Alterations by December 31, 2014, and/or (ii) FF&E Costs (defined below) and/or Cabling Costs (defined below), provided that Tenant provides Landlord with the documentation set forth in Section 1.03
below relating to the FF&E Costs and/or Cabling Costs by December 31, 2014. Any portion of the Allowance to be applied toward the cost of the Initial Alterations, less a 10% retainage (which retainage shall be payable as part of the final
draw), shall be paid to Tenant or, at Landlord’s option, to the order of the general contractor that performs the Initial Alterations, in periodic disbursements within 30 days after receipt of the following documentation: (i) an
application for payment and sworn statement of contractor substantially in the form of AIA Document G-702 covering all work for which disbursement is to be made to a date specified therein; (ii) a certification from an AIA architect
substantially in the form of the Architect’s Certificate for Payment which is located on AIA Document G702, Application and Certificate of Payment; (iii) Contractor’s, subcontractor’s and material supplier’s waivers of liens
which shall cover all Initial Alterations for which disbursement is being requested and all other statements and forms required for compliance with the mechanics’ lien laws of the state in which the Premises is located, together with all such
invoices, contracts, or other supporting data as Landlord or Landlord’s Mortgagee may reasonably require; (iv) a cost breakdown for each trade or subcontractor performing the Initial Alterations; (v) plans and specifications for the
Initial Alterations, together with a certificate from an AIA architect that such plans and specifications comply in all material respects with all laws affecting the Building, Property and Premises; (vi) copies of all construction contracts for
the Initial Alterations, together with copies of all change orders, if any; and (vii) a request to disburse from Tenant containing an approval by Tenant of the work done and a good faith estimate of the cost to complete the Initial Alterations.
Upon completion of the Initial Alterations, and prior to final disbursement of the Allowance, Tenant shall furnish Landlord with: (1) general contractor and architect’s completion affidavits, (2) full and final waivers of lien,
(3) receipted bills covering all labor and materials expended and used, (4) as-built plans of the Initial Alterations, and (5) the certification of Tenant and its architect that the Initial Alterations have been installed in a good
and workmanlike manner in accordance with the approved plans, and in accordance with applicable Laws, codes and ordinances. In no event shall Landlord be required to disburse the Allowance more than one time per month. If the Initial Alterations
exceed the Allowance, Tenant shall be entitled to the Allowance in accordance with the terms hereof, but each individual disbursement of the Allowance shall be disbursed in the proportion that the Allowance bears to the total cost for the Initial
Alterations, less the 10% retainage referenced above. Notwithstanding anything herein to the contrary, Landlord shall not be obligated to disburse any portion of the Allowance towards the cost of the Initial Alterations, FF&E Costs, and/or
Cabling Costs during the continuance of an uncured Default under the Lease, and Landlord’s obligation to disburse or apply the Allowance shall only resume when and if such Default is cured. 

  
 C-2 

	 	1.02	Landlord shall disburse such portion of the applicable portion of the Allowance requested by Tenant for FF&E Costs, and/or Cabling Costs within 30 days after the receipt of invoices from Tenant with respect to
Tenant’s actual FF&E Costs and/or Cabling Costs. 

 Tenant’s “FF&E Costs” shall mean the
costs and expenses incurred by Tenant in purchasing any furniture, mutually acceptable equipment or other personalty for the Premises and/or the cost to move and install same in the Premises. 

Tenant’s “Cabling Costs” shall mean the costs and expenses incurred by Tenant for the cost of the purchase and
installation of telephone, computer and data cabling in the Premises. 
  

	 	1.03	Notwithstanding anything contained in this Work Letter to the contrary, any unused or unapplied portion of the Allowance which has not been requested by Tenant with all required supporting documentation included as of
December 31, 2014 shall accrue to the sole benefit of Landlord, it being understood that Tenant shall not be entitled to any credit, abatement or other concession in connection with any such remaining unused or unapplied portion of the
Allowance. Tenant shall be responsible for all applicable state sales or use taxes, if any, payable in connection with the Initial Alterations and/or Allowance. Landlord shall be entitled to deduct from the Allowance a construction management fee
for Landlord’s oversight of the Initial Alterations in an amount equal to 1.5% of the Allowance. 

  

	 	1.04	Tenant agrees to accept the Premises in its “as-is” condition and configuration, it being agreed that Landlord shall not be required to perform any work other than the Landlord Work described in Section 2
below or, except as provided above with respect to the Allowance, incur any costs in connection with the construction or demolition of any improvements in the Premises. 

 

	2.	Landlord Work. 

  

	 	2.01	 Landlord shall perform the improvements to the Premises and certain common areas as shown on the space plans (a) prepared by
Dyer/Brown & Associates, Inc., dated October 28, 2013 with respect to the Corridor Work (as herein defined), (b) prepared by IA Interior Architects dated October 11, 2013 and Dyer/Brown Associates, Inc. dated
September 18, 2013 with respect to the Demising Wall Work (as herein defined), and (c) prepared by Dyer/Brown & Associates, Inc. dated August 26, 2013 with respect to the Slab Work (as herein defined) (collectively, the
“Space Plans”). The improvements to be performed by Landlord as shown on the Space Plans are hereinafter referred to as the “Landlord Work”. Notwithstanding anything to the contrary, the parties agree that the
Landlord Work shall also include but not be limited to (i) performing cosmetic upgrades in the common corridor located on the 14th floor (the “Corridor Work”),
(ii) building a demising wall on each of the 13th and 14th floors to create the bathrooms and separately demising the portion of the
Premises located on the 14th floor from the remainder of the 14th floor of the Building (the “Demising Wall Work”),
(iii) creating new and expanded restrooms located in the common areas on the 13th and 14th floors, (iv) closing in the slab between
the 12th and 13th floors of the Building and then leveling such floors (the “Slab

  
 C-3 

	 	
Work”), and (v) evaluating the HVAC mechanical system in the Premises (and if necessary, effecting such repairs and/or replacements to ensure that the HVAC mechanical system
serving the Premises is in good working order). It is agreed that construction of the Landlord Work will be completed at Landlord’s sole cost and expense (subject to the terms and provision of Section 2.02 below) using Building standard
methods, materials, and finishes. Landlord shall enter into a direct contract for the Landlord Work with a general contractor selected by Landlord. In addition, Landlord shall have the right to select and/or approve of any subcontractors used in
connection with the Landlord Work. Landlord’s supervision or performance of any work for or on behalf of Tenant shall not be deemed a representation by Landlord that such Space Plans, related space planning, architectural and engineering
drawings (collectively, the “Plans”), or the revisions thereto comply with applicable insurance requirements, building codes, ordinances, laws or regulations, or that the improvements constructed in accordance with the Plans and any
revisions thereto will be adequate for Tenant’s use, it being agreed that Tenant shall be responsible for all elements of the design of Tenant’s Premises (including, without limitation, compliance with law, functionality of design, the
structural integrity of the design, the configuration of the Premises and the placement of Tenant’s furniture, appliances and equipment). Tenant and Landlord agree that Landlord is not responsible and is not performing any alterations, repairs
or improvements in the Premises with respect to the telephone and data cabling, infrastructure (e.g., coring the floors, or making structural alterations to the Premises) (other than the Slab Work), security system, or any HVAC supplemental cooling,
if any, nor shall Landlord be responsible for purchasing or installing furniture or equipment in the Premises. 

  

	 	2.02	If Tenant shall request any revisions to the Space Plans or Plans, such revisions shall be subject to approval by Landlord, which approval shall not be unreasonably withheld. If Landlord approves of such revisions to
the Space Plans or Plans then, Landlord shall have such revisions prepared at Tenant’s sole cost and expense and Tenant shall reimburse Landlord for the cost of preparing any such revisions to the Space Plans and/or Plans, plus any applicable
state sales or use tax thereon, upon demand. Promptly upon completion of the revisions, Landlord shall notify Tenant in writing of the increased cost in the Landlord Work, if any, resulting from such revisions to the Space Plans and/or Plans.
Tenant, within 3 Business Days, shall notify Landlord in writing whether it desires to proceed with such revisions. In the absence of such written authorization, Landlord shall have the option to continue work on the Premises disregarding the
requested revision. Tenant shall be responsible for any Tenant Delay in completion of the Premises resulting from any revision to the Space Plans and/or Plans. If such revisions result in an increase in the cost of Landlord Work, such increased
costs, plus any applicable state sales or use tax thereon, shall be payable by Tenant upon demand. Notwithstanding anything herein to the contrary, all revisions to the Space Plans and/or Plans shall be subject to the approval of Landlord.

  

	3.	This Exhibit shall not be deemed applicable to any additional space added to the Premises at any time or from time to time, whether by any options under the Lease or otherwise, or to any portion of the original Premises
or any additions to the Premises in the event of a renewal or extension of the original Term of the Lease, whether by any options under the Lease or otherwise, unless expressly so provided in the Lease or any amendment or supplement to the Lease.

  
 C-4 

 EXHIBIT D 

COMMENCEMENT LETTER 

(EXAMPLE) 
  

									
	 Date
		  
						
					
	 Tenant            
		  
						
	 Address
		  
						
			  
						
			  
						

  

			
	 Re:
		Commencement Letter with respect to that certain Lease dated as of                     , 2013, by and between MA-100
SUMMER STREET OWNER, L.L.C., a Delaware limited liability company, as Landlord, and RAPID7, INC., a Delaware corporation, as Tenant, for 46,569 rentable square feet on the 13th and 14th floors of the Building located at 100 Summer
Street, Boston, Massachusetts 02110.
		
			 Lease Id:
                                         
       
 Business Unit Number:
                                         
               

		
	 Dear
		                                     
       :

 In accordance with the terms and conditions of the above referenced Lease, Tenant accepts possession of the
Premises and acknowledges: 
  

	 	1.	The Commencement Date of the Lease is
                                         
   ; 

  

	 	2.	The Termination Date of the Lease is
                                         
          . 

 Please acknowledge the foregoing and your acceptance of
possession by signing all 3 counterparts of this Commencement Letter in the space provided and returning 2 fully executed counterparts to my attention. Tenant’s failure to execute and return this letter, or to provide written objection to the
statements contained in this letter, within 30 days after the date of this letter shall be deemed an approval by Tenant of the statements contained herein. 
  

	
	 Sincerely,

	
	  

	Authorized Signatory
	
	Acknowledged and Accepted:

  

									
	 Tenant:
				  
				

							
				
	 By:
		  
				
	 Name:
		  
				
	 Title:
		  
				
	 Date:
		  
				

  
 D-1 

 EXHIBIT E 

BUILDING RULES AND REGULATIONS 

This Exhibit is attached to and made a part of the Office Lease Agreement (the “Lease”) by and between MA-100 SUMMER
STREET OWNER, L.L.C., a Delaware limited liability company (“Landlord”), and RAPID7, INC., a Delaware corporation (“Tenant”), for space in the Building located at 100 Summer Street, Boston, Massachusetts
02110. Capitalized terms used but not defined herein shall have the meanings given in the Lease. 
 The following rules and regulations
shall apply, where applicable, to the Premises, the Building, the parking facilities (if any), the Property and the appurtenances. In the event of a conflict between the following rules and regulations and the remainder of the terms of the Lease,
the remainder of the terms of the Lease shall control. 
 1. Sidewalks, doorways, vestibules, halls, stairways and other similar areas shall
not be obstructed by Tenant or used by Tenant for any purpose other than ingress and egress to and from the Premises. No rubbish, litter, trash, or material shall be placed, emptied, or thrown in those areas. At no time shall Tenant permit
Tenant’s employees to loiter in Common Areas or elsewhere about the Building or Property. 
 2. Plumbing fixtures and appliances shall
be used only for the purposes for which designed and no sweepings, rubbish, rags or other unsuitable material shall be thrown or placed in the fixtures or appliances. 

3. No signs, advertisements or notices shall be painted or affixed to windows, doors or other parts of the Building, except those of such
color, size, style and in such places as are first approved in writing by Landlord. All tenant identification and suite numbers at the entrance to the Premises shall be installed by Landlord, at Tenant’s cost and expense, using the standard
graphics for the Building. Except in connection with the hanging of lightweight pictures and wall decorations, no nails, hooks or screws shall be inserted into any part of the Premises or Building except by the Building maintenance personnel without
Landlord’s prior approval, which approval shall not be unreasonably withheld. 
 4. Landlord may provide and maintain in the first
floor (main lobby) of the Building an alphabetical directory board or other directory device listing tenants and no other directory shall be permitted unless previously consented to by Landlord in writing. 

5. Tenant shall not place any lock(s) on any door in the Premises or Building without Landlord’s prior written consent, which consent
shall not be unreasonably withheld, and Landlord shall have the right at all times to retain and use keys or other access codes or devices to all locks within and into the Premises. A reasonable number of keys to the locks on the entry doors in the
Premises shall be furnished by Landlord to Tenant at Tenant’s cost and Tenant shall not make any duplicate keys. All keys shall be returned to Landlord at the expiration or early termination of the Lease. 

6. All contractors, contractor’s representatives and installation technicians performing work in the Building shall be subject to
Landlord’s prior approval, which approval shall not be unreasonably withheld, and shall be required to comply with Landlord’s standard rules, regulations, policies and procedures, which may be revised from time to time. Landlord has no
obligation to allow any particular telecommunication service provider to have access to 

  
 E-1 

 
the Building or to the Premises. If Landlord permits access, Landlord may condition the access upon the payment to Landlord by the service provider of fees assessed by Landlord in Landlord’s
sole discretion. 
 7. Movement in or out of the Building of furniture or office equipment, or dispatch or receipt by Tenant of merchandise
or materials requiring the use of elevators, stairways, lobby areas or loading dock areas, shall be performed in a manner and restricted to hours reasonably designated by Landlord. Tenant shall obtain Landlord’s prior approval by providing a
detailed listing of the activity, including the names of any contractors, vendors or delivery companies, which approval shall not be unreasonably withheld. Tenant shall assume all risk for damage, injury or loss in connection with the activity. 

8. Landlord shall have the right to approve the weight, size, or location of heavy equipment or articles in and about the Premises, which
approval shall not be unreasonably withheld; provided that approval by Landlord shall not relieve Tenant from liability for any damage in connection with such heavy equipment or articles. 

9. Corridor doors, when not in use, shall be kept closed. 

10. Tenant shall not: (a) make or permit any improper, objectionable or unpleasant noises or odors in the Building, or otherwise
interfere in any way with other tenants or persons having business with them; (b) solicit business or distribute or cause to be distributed, in any portion of the Building, handbills, promotional materials or other advertising; or
(c) conduct or permit other activities in the Building that might, in Landlord’s sole opinion, constitute a nuisance. 
 11. No
animals, except those assisting handicapped persons, shall be brought into the Building or kept in or about the Premises. 
 12. No
inflammable, explosive or dangerous fluids or substances shall be used or kept by Tenant in the Premises, Building or about the Property, except for those substances as are typically found in similar premises used for general office purposes and are
being used by Tenant in a safe manner and in accordance with all applicable Laws. Tenant shall not, without Landlord’s prior written consent, use, store, install, spill, remove, release or dispose of, within or about the Premises or any other
portion of the Property, any asbestos-containing materials or any solid, liquid or gaseous material now or subsequently considered toxic or hazardous under the provisions of 42 U.S.C. Section 9601 et seq., M.G.L. c. 21C, M.G.L. c. 21E or any
other applicable environmental Law which may now or later be in effect. Tenant shall comply with all Laws pertaining to and governing the use of these materials by Tenant and shall remain solely liable for the costs of abatement and removal. 

13. Tenant shall not use or occupy the Premises in any manner or for any purpose which might injure the reputation or impair the present or
future value of the Premises or the Building. Tenant shall not use, or permit any part of the Premises to be used for lodging, sleeping or for any illegal purpose. 

14. Tenant shall not take any action which would violate Landlord’s labor contracts or which would cause a work stoppage, picketing,
labor disruption or dispute or interfere with Landlord’s or any other tenant’s or occupant’s business or with the rights and privileges of any person lawfully in the Building (“Labor Disruption”). Tenant shall take
the actions necessary to resolve the Labor Disruption, and shall have pickets removed and, at the request of Landlord, 

  
 E-2 

 
immediately terminate any work in the Premises that gave rise to the Labor Disruption, until Landlord gives its written consent for the work to resume. Tenant shall have no claim for damages
against Landlord or any of the Landlord Related Parties nor shall the Commencement Date of the Term be extended as a result of the above actions. 

15. Tenant shall not install, operate or maintain in the Premises or in any other area of the Building, electrical equipment that would
overload the electrical system beyond its capacity for proper, efficient and safe operation as determined solely by Landlord. Tenant shall not furnish cooling or heating to the Premises, including, without limitation, the use of electric or gas
heating devices, without Landlord’s prior written consent. Tenant shall not use more than its proportionate share of telephone lines and other telecommunication facilities available to service the Building. 

16. Tenant shall not operate or permit to be operated a coin or token operated vending machine or similar device (including, without
limitation, telephones, lockers, toilets, scales, amusement devices and machines for sale of beverages, foods, candy, cigarettes and other goods), except for machines for the exclusive use of Tenant’s employees and invitees. 

17. Bicycles and other vehicles are not permitted inside the Building or on the walkways outside the Building, except in areas designated by
Landlord. 
 18. Landlord may from time to time adopt systems and procedures for the security and safety of the Building and Property, their
occupants, entry, use and contents. Tenant, its agents, employees, contractors, guests and invitees shall comply with Landlord’s systems and procedures. 

19. Landlord shall have the right to prohibit the use of the name of the Building or any other publicity by Tenant that in Landlord’s
sole opinion may impair the reputation of the Building or its desirability. Upon written notice from Landlord, Tenant shall refrain from and discontinue such publicity immediately. 

20. Neither Tenant nor its agents, employees, contractors, guests or invitees shall smoke or permit smoking in the Common Areas, unless a
portion of the Common Areas have been declared a designated smoking area by Landlord, nor shall the above parties allow smoke from the Premises to emanate into the Common Areas or any other part of the Building. Landlord shall have the right to
designate the Building (including the Premises) as a non-smoking building. 
 21. Landlord shall have the right to designate and approve
standard window coverings for the Premises and to establish rules to assure that the Building presents a uniform exterior appearance. 
 22.
Deliveries to and from the Premises shall be made only at the times in the areas and through the entrances and exits reasonably designated by Landlord. Tenant shall not make deliveries to or from the Premises in a manner that might interfere with
the use by any other tenant of its premises or of the Common Areas, any pedestrian use, or any use which is inconsistent with good business practice. 

23. The work of cleaning personnel shall not be hindered by Tenant after 5:30 p.m., and cleaning work may be done at any time when the offices
are vacant. Windows, doors and fixtures may be cleaned at any time. Tenant shall provide adequate waste and rubbish receptacles to prevent unreasonable hardship to the cleaning service. 

  
 E-3 

 EXHIBIT F 

ADDITIONAL PROVISIONS 

This Exhibit is attached to and made a part of the Office Lease Agreement (the “Lease”) by and between MA-100 SUMMER
STREET OWNER, L.L.C., a Delaware limited liability company (“Landlord”), and RAPID7, INC., a Delaware corporation (“Tenant”), for space in the Building located at 100 Summer Street, Boston, Massachusetts
02110. Capitalized terms used but not defined herein shall have the meanings given in the Lease. 
  

	1.	Parking. 

  

	 	1.01	 Subject to the provisions of this Section, during the initial Term, Landlord may lease to Tenant or cause the operator (the
“Operator”) of the garage servicing the Building (the “Garage”) to lease to Tenant, and Tenant has the option to lease from Landlord, up to 6 unreserved parking spaces (collectively, the “Spaces”)
in the Garage for the use of Tenant and its employees, at the then current rate for parking per unreserved parking space, per month, plus applicable tax thereon, as such rates may be adjusted from time-to-time to reflect the then current rate for
parking in the Garage. In order to lease such spaces, Tenant shall provide written notice to Landlord (the “Parking Notice”) within 180 days after the Commencement Date specifying the number of unreserved parking spaces which Tenant
elects to lease hereunder (up to an aggregate of 6 spaces). In the event Tenant does not timely notify Landlord of the number of spaces Tenant elects to lease, then Tenant’s right to lease any or all of the Spaces specified in this Section
shall be null and void and of no further force and effect. If Tenant does timely provide Landlord with the Parking Notice specifying the number of Spaces Tenant elects to lease, then Tenant shall be obligated to lease such Space(s) for the remainder
of the Term. In addition, in the event that Tenant desires additional unreserved parking spaces (up to an aggregate of 8 unreserved parking spaces) in addition to the Spaces described above in this Section, Landlord shall use its
reasonable efforts (subject to availability and the restrictions set forth below) to cause the applicable parents, subsidiaries, affiliates or other related companies of Landlord which own the buildings located at 125 Summer Street and 100 High
Street in Boston (each, a “Landlord’s Affiliate”), to lease to Tenant additional unreserved parking spaces (the “Additional Spaces”) in one or both of the garages which serve 125 Summer Street and 100 High
Street (each, an “Affiliate Garage”), at the then current rates (as the same may be subsequently adjusted) for spaces in such Affiliate Garage. Any such Additional Spaces shall be leased to Tenant upon substantially the same terms
and conditions as set forth in this Lease (but subject to any applicable rules and regulations governing the parking facility where the Additional Spaces are located) at a rate equal to the then prevailing market rate for such Additional Spaces.
Notwithstanding any of the foregoing to the contrary, Landlord shall have no obligation to make any Additional Spaces available to Tenant if doing so would (a) violate any applicable Law(s), (b) violate the rights or options of any other
entity with respect to any such potential Additional Spaces, (c) negatively impact the operation of the building in which the proposed Additional Spaces are located, (d) lead to a breach or default of any (1) note, mortgage or other
financing agreement, or (2) joint venture agreement, partnership agreement or other similar agreement, affecting the Building, the 

  
 F-1 

	 	
Additional Spaces, or the building in which the Additional Spaces are located, or (e) otherwise create a potential hardship for Landlord or the owner of the building in which the proposed
Additional Spaces are located. In addition, Landlord shall have no obligation to use its reasonable efforts to cause the owner of any Affiliate Garage to lease additional spaces to Tenant in the event that either this Building or the applicable
Affiliate Garage is sold to an entity that is not a Landlord’s Affiliate of the then current Landlord under this Lease. Landlord’s failure to make Additional Spaces available shall have no effect on the rights, obligations and liabilities
of Landlord and Tenant or be considered to be a breach by Landlord of its obligations hereunder. No deductions or allowances shall be made for days when Tenant or any of its employees does not utilize the parking facilities or for Tenant utilizing
less than all of the Spaces or Additional Spaces. Tenant and Tenant’s employees shall not have the right to lease or otherwise use more than the number of unreserved Spaces and Additional Spaces (to the extent available) set forth above. For
purposes hereof, the Garage, and each Affiliate Garage are collectively referred to herein as the “Garages”. 

  

	 	1.02	Except for particular spaces and areas designated by Landlord or the applicable Landlord’s Affiliate for reserved parking, all parking in the Garages shall be on an unreserved, first-come, first-served basis.

  

	 	1.03	Neither Landlord nor the Landlord’s Affiliates shall be responsible for money, jewelry, automobiles or other personal property lost in or stolen from the Garages regardless of whether such loss or theft occurs when
the Garages or other areas therein are locked or otherwise secured. Without limiting the terms of the preceding sentence, neither Landlord nor the Landlord’s Affiliates shall be liable for any loss, injury or damage to persons using the Garages
or automobiles or other property therein, it being agreed that, to the fullest extent permitted by Law, the use of the Spaces and the Additional Spaces shall be at the sole risk of Tenant and its employees. 

 

	 	1.04	Landlord and the Landlord’s Affiliates shall have the right from time to time to designate the location of the Spaces and Additional Spaces within the Garages and to promulgate reasonable rules and regulations
regarding the Garages, the Spaces and Additional Spaces within the Garages and the use thereof, including, but not limited to, rules and regulations controlling the flow of traffic to and from various parking areas, the angle and direction of
parking and the like. Tenant shall comply with and cause its employees to comply with all such rules and regulations as well as all reasonable additions and amendments thereto. 

 

	 	1.05	Tenant shall not store or permit its employees to store any automobiles in the Garages without the prior written consent of Landlord or the applicable Landlord’s Affiliate. Except for emergency repairs, Tenant and
its employees shall not perform any work on any automobiles while located in the Garages or on the property of Landlord or any Landlord’s Affiliate. If it is necessary for Tenant or its employees to leave an automobile in one of the Garages for
more than 2 weeks, Tenant shall provide Landlord or the applicable Landlord’s Affiliate, as applicable, with prior notice thereof designating the license plate number and model of such automobile. 

  
 F-2 

	 	1.06	Landlord and each of the Landlord’s Affiliates shall have the right to temporarily close the Garages or certain areas therein in order to perform necessary repairs, maintenance and improvements to the Garages,
provided that Landlord or the Landlord’s Affiliate, as applicable, shall use commercially reasonable efforts to limit the time of any such closure and minimize the impact on Tenant’s use and enjoyment of the Spaces and the Additional
Spaces, as applicable. Notwithstanding anything contained herein to the contrary, Landlord and each Landlord’s Affiliate shall each individually have the right to terminate this Lease as to the Additional Parking Space parking rights granted
herein on 30 days’ prior notice to Tenant should Landlord and/or a Landlord’s Affiliate or the entity then owning or controlling one or more of the applicable Garages, as applicable, no longer be owned or controlled by The Blackstone
Group, or an affiliate thereof, or if Landlord or the applicable Landlord’s Affiliate decides to remodel, remove, demolish or redevelop a Garage or any substantial portion thereof, or if Landlord or the applicable Landlord’s Affiliate
believes or has reason to believe that the parking rights granted herein would violate any zoning laws or restriction or any other laws or restrictions or any note, mortgage or other financing agreement or any joint venture agreement, partnership
agreement or other similar agreement affecting a Garage or the building which such Garage services (each, an “Additional Spaces Termination Event”). In the case of an Additional Spaces Termination Event, if Tenant or its employees
can no longer use any of the Additional Spaces, then neither Landlord nor any Landlord’s Affiliate shall be liable to Tenant for any loss or damage resulting therefrom, and Tenant shall not be entitled to any credit, abatement or adjustment or
Rent or other sums payable under the Lease. 

  

	 	1.07	Tenant shall not assign or sublease any of the Spaces or Additional Spaces without the consent of Landlord and the applicable Landlord’s Affiliate, as applicable. Landlord or the applicable Landlord’s
Affiliate shall have the right to terminate the parking agreement described in this Section 1 with respect to any Spaces or Additional Spaces that Tenant desires to sublet or assign. 

 

	 	1.08	Landlord or the applicable Landlord’s Affiliate may elect to provide parking cards or keys to control access to the Garages. In such event, Landlord or the applicable Landlord’s Affiliate shall provide Tenant
with one card or key for each Space or Additional Space that Tenant is leasing hereunder, provided that Landlord or the applicable Landlord’s Affiliate, as applicable, shall have the right to require Tenant or its employees to place a
reasonable deposit on such access cards or keys and to pay a reasonable fee for any lost or damaged cards or keys. 

  

	 	1.09	 Landlord and each applicable Landlord’s Affiliate shall have the right to require Tenant to enter into a reasonable separate parking agreement
with Landlord or such applicable Landlord’s Affiliate, as applicable, for the Spaces or the Additional Spaces which does not conflict with the terms of this Section 1. In addition, Landlord and/or Landlord’s Affiliate shall have the
right to enter into a management agreement or lease with an entity for one or more of the Garages (“Garage Operator”). In such event, Tenant, upon request of Landlord or Landlord’s Affiliate, shall enter into a reasonable
parking agreement with the applicable Garage Operator which does not conflict with the terms of this Section 1 and pay such Garage Operator the monthly charge established hereunder, and neither Landlord nor Landlord’s Affiliates shall have
liability for 

  
 F-3 

	 	
claims arising through acts or omissions of the Garage Operator unless caused by the negligence or willful misconduct of Landlord or Landlord’s Affiliate. It is understood and agreed that
the identity of the Garage Operator may change from time to time during the Term. In connection therewith, any parking lease or agreement entered into between Tenant and a Garage Operator shall be freely assignable by such Garage Operator or any
successors thereto. 

  

	 	1.10	Notwithstanding the foregoing, in the event that Tenant desires month to month unreserved parking spaces in addition to the Spaces and Additional Parking Spaces described above in this Section, Landlord shall use its
reasonable efforts to make available to Tenant (on the terms and conditions set forth below) month to month parking spaces in one or more of the Garages provided that Tenant shall provide at least 30 days prior written notice to Landlord requesting
if there is any month to month unreserved parking spaces (the “Monthly Parking Spaces”) available for lease (the “Monthly Parking Notice Request”). The Monthly Parking Notice Request shall indicate the number of
Monthly Parking Spaces desired by Tenant and the date (as of the first day of a month) Tenant would like such Monthly Parking Spaces to be available for Tenant’s use. If Monthly Parking Spaces are available, as determined by Landlord in it sole
discretion, then Landlord shall lease to Tenant, or cause the Garage Operator to lease to Tenant, such Monthly Parking Spaces, until Landlord terminates Tenant’s lease of such Monthly Parking Spaces upon not less than 30 days’ prior
written notice to Tenant. Tenant shall pay the then current rate for parking per unreserved Monthly Parking Space, per month, plus applicable tax thereon, as such rates may be adjusted from time-to-time to reflect the then current rate for parking
in the Garage(s). The use of such Monthly Parking Spaces shall be subject to the terms of this Section 1. If Tenant desires to return any Monthly Parking Spaces which Tenant previously elected to lease hereunder, then Tenant shall provide at
least 30 days’ prior written notice (the “Monthly Parking Termination Notice”) to Landlord, and the Monthly Parking Termination Notice shall indicate the number of Monthly Parking Spaces then currently leased by Tenant which
Tenant no longer desires to lease and the date (as of the last day of a month) on which Tenant would like to cease leasing such Monthly Parking Spaces. Any Monthly Parking Spaces which Tenant elects to return to Landlord as described herein shall
again be available for lease by Tenant with the delivery of a Monthly Parking Notice Request so long as such Monthly Parking Spaces are available to Tenant as described above. The Monthly Parking Spaces shall be deemed “Spaces” hereunder
and shall be subject to all other terms of this Section 1. 

  

	2.	Extension Option. 

  

	 	2.01	Grant of Option; Conditions. Tenant shall have the right to extend the Term (the “Extension Option”) for one additional period of 5 years commencing on the day following the Termination Date of
the initial Term and ending on the 5th anniversary of the Termination Date (the “Extension Term”), if: 

 

	 	a.	Landlord receives irrevocable and unconditional written notice of exercise (“Extension Notice”) not less than 14 full calendar months prior to the expiration of the initial Term and not more than 17
full calendar months prior to the expiration of the initial Term; and 

  
 F-4 

	 	b.	Tenant is not in Default under the Lease beyond any applicable cure periods at the time that Tenant delivers its Extension Notice; and 

 

	 	c.	No more than 25% of the portion of the Premises located on the floor(s) other than the 14th floor is sublet (other than pursuant to a Business Transfer, as defined in
Section 11.04 of the Lease) at the time that Tenant delivers its Extension Notice; and 

  

	 	d.	The Lease has not been assigned (other than pursuant to a Business Transfer, as defined in Section 11.04 of the Lease) prior to the date that Tenant delivers its Extension Notice. 

 

	 	2.02	Terms Applicable to Premises During Extension Term. 

  

	 	a.	The Extension Option may be exercised with respect to all or a portion of the Premises then being leased; provided that if Tenant elects to extend the Term of the Lease for less than all of the Premises, the portion of
the Premises for which the Term shall be extended pursuant to the Extension Option shall consist of full floors only. In the event Tenant elects to extend the Term of the Lease with respect to less than all of the Premises, then Tenant shall
designate in the Extension Notice the applicable portion of the Premises for which the Term of the Lease shall be extended (consistent with the guidelines set forth above). In the event Tenant’s Extension Notice does not specify a particular
part of the Premises for which the Term of the Lease shall be extended, then the Term of the Lease shall be deemed to be extended for the entire then-existing Premises. 

 

	 	b.	The initial Base Rent rate per rentable square foot for the Premises during the Extension Term shall equal the Prevailing Market (as defined in Section 3 of this Exhibit F) rate per rentable square foot
for the Premises. Base Rent during the Extension Term shall increase or decrease, if at all, in accordance with the increases or decreases assumed in the determination of the Prevailing Market rate. Base Rent attributable to the Premises shall be
payable in monthly installments in accordance with the terms and conditions of the Lease. 

  

	 	c.	Tenant shall pay Additional Rent (i.e. Taxes and Expenses) for the Premises during the Extension Term in accordance with the Lease, and the manner and method in which Tenant reimburses Landlord for Tenant’s share
of Taxes and Expenses and the Base Year applicable to such matter, shall be some of the factors considered in determining the Prevailing Market rate for the Extension Term. 

 

	 	2.03	 Effect of Failure to Give Notice; Negotiation Procedure. Tenant shall exercise the Extension Option by giving the Landlord the Extension
Notice. If Tenant fails to give the Extension Notice to Landlord within the time period described above, then the Extension Option shall be null and void and of no further force or effect. Within 30 days of receiving Tenant’s Extension Notice,
Landlord shall give Tenant notice of Landlord’s determination of the Prevailing Market rate for the Extension Term (the “Landlord’s Determination Notice”). Tenant, within 30

  
 F-5 

	 	
days after the date on which Landlord advises Tenant of the applicable Base Rent rate for the Renewal Term, shall either (i) give Landlord final binding written notice (“Binding
Notice”) of Tenant’s exercise of its option, or (ii) if Tenant disagrees with Landlord’s determination, provide Landlord with written notice of rejection (the “Rejection Notice”), or (iii) give Landlord
irrevocable notice electing to have the Prevailing Market rate determined in accordance with the arbitration procedures provided in Section 2.04 below (the “Arbitration Notice”). If Tenant fails to provide Landlord with either
a Binding Notice, a Rejection Notice or an Arbitration Notice within such 30 day period, Tenant’s Extension Option shall be null and void and of no further force and effect. If Tenant provides Landlord with a Binding Notice, Landlord and Tenant
shall enter into the Extension Amendment (as herein defined) upon the terms and conditions set forth herein. If Tenant provides Landlord with a Rejection Notice, Tenant’s Extension Option shall be null and void and of no force and effect. If
Tenant provides Landlord with an Arbitration Notice, Landlord and Tenant shall arbitrate the Prevailing Market rate in accordance with the provisions of Section 2.04 below. Tenant’s election to arbitrate the Prevailing Market rate shall be
an irrevocable election by Tenant and both Landlord and Tenant shall be bound by the determination of the Prevailing Market rate in accordance with the arbitration procedure set forth in Section 2.04 below. 

 

	 	2.04	 Arbitration Procedure In the event Tenant provides Landlord with an Arbitration Notice within the 10 day period provided in Section 2.03
above, Landlord and Tenant shall attempt to agree on an arbitrator within 10 days after the date Landlord receives Tenant’s Arbitration Notice. If they fail, after good faith efforts, to agree on an arbitrator within such 10 day period,
Landlord and Tenant shall each appoint a reputable commercial leasing broker as arbitrator, each of whom shall have at least 10 years’ active and current experience in the commercial real estate industry and the downtown central business
district of Boston, Massachusetts leasing market with working knowledge of current rental rates and leasing practices related to buildings similar to the Building. Such an appointment shall be signified in writing by each party to the other. If
either party shall fail to appoint an arbitrator within a period of 10 days after written notice from the other party to make such appointment, the sole arbitrator appointed shall make the determination of the Prevailing Market rate in the same
manner provided below as though it were the third arbitrator. If both parties appoint an arbitrator, the arbitrators so appointed shall appoint a third arbitrator, who is a reputable commercial leasing broker and has at least 10 years’ active
and current experience in the commercial real estate industry and in the downtown central business district of Boston, Massachusetts leasing market with working knowledge of current rental rates and leasing practices related to buildings similar to
the Building, within 10 days after the appointment of the second arbitrator. Each of Landlord and Tenant shall furnish each of the three arbitrators with a copy of their respective final determination of the Prevailing Market rate. The third
arbitrator shall proceed with all reasonable dispatch to determine whether Landlord’s final determination of Prevailing Market rate or Tenant’s final determination of Prevailing Market rate, most closely reflects the Prevailing Market rate
and in no event shall the arbitrator have the right (i) to average the final determination of Prevailing Market rate of Landlord and Tenant or (ii) to choose another rate. The decision of such third arbitrator shall in any event be

  
 F-6 

	 	
rendered within 30 days after his/her appointment, or within such other period as the parties shall agree, and such decision shall be in writing and in duplicate, one counterpart thereof to be
delivered to each of the parties. The arbitration shall be conducted in accordance with the rules of the American Arbitration Association (or its successor) and applicable Law and this Section, which shall govern to the extent of any conflict
between this Section and the rules of the American Arbitration Association, and the decision of the third arbitrator shall be reviewable only to the extent provided by the rules of the American Arbitration Association and shall otherwise be binding,
final and conclusive on the parties. Each party shall pay the fees of the arbitrator it chose and the fees of its counsel and the losing party shall pay for the fees of the third arbitrator and the reasonable and necessary expenses incident to the
proceedings; provided however, if a party fails to appoint an arbitrator, the fees of the sole arbitrator shall be split between the two parties equally. 

  

	 	2.05	Extension Amendment. If Tenant is entitled to and validly exercises its Extension Option, Landlord shall prepare an amendment (the “Extension Amendment”) to reflect changes in the Base Rent,
Term, Termination Date and other appropriate terms. The Extension Amendment shall be (i) sent to Tenant within a reasonable time after determination of the Prevailing Market rate, (ii) revised by Landlord, if necessary, to incorporate any
changes by Tenant that are necessary to accurately reflect the terms and conditions of Tenant’s Extension Option; and (iii) executed by Tenant and returned to Landlord within 15 days after the Extension Amendment is delivered to Tenant by
Landlord. Notwithstanding the foregoing, an otherwise valid exercise of the Extension Option shall be fully effective whether or not the Extension Amendment is executed. 

 

	 	2.06	Time of the Essence. Time is of the essence with respect to all of the time periods set forth in this Section 2. 

  

	 	2.07	Personal to Tenant. Notwithstanding anything herein to the contrary, Tenant’s Extension Option is personal to Tenant and in no event shall such Extension Option be assignable other than to an assignee
pursuant to a Business Transfer. 

  
 F-7 

	3.	Definition of Prevailing Market. For purposes of this Lease, “Prevailing Market” shall mean the arms length fair market annual rental rate per rentable square foot for space comparable to
the Premises in the Building under new and renewal leases and amendments entered into on or about the date on which the Prevailing Market is being determined hereunder for space comparable to the Premises in the Building and office buildings
comparable to the Building in the downtown central business district of Boston, Massachusetts. The determination of Prevailing Market shall take into account any material economic differences between the terms of the Lease and any comparison lease,
such as rent abatements, construction costs and other concessions, and the manner, if any, in which the landlord under any such lease is reimbursed for operating expenses and taxes. Notwithstanding the foregoing, space leased under any of the
following circumstances shall not be considered to be comparable for purposes hereof: (i) the lease term is for less than 5 years, (ii) the space is encumbered by the option rights of another tenant, or (iii) the space has a lack of
windows and/or an awkward or unusual shape or configuration. The foregoing is not intended to be an exclusive list of space that will not be considered to be comparable. 

 

	4.	Suite 1400 Expansion Option. 

  

	 	4.01	Grant of Option; Conditions. Tenant shall have the option (the “Suite 1400 Expansion Option”) to lease the space located on the 14th floor of
the Building known as Suite No. 1400 containing approximately 5,197 square feet of rentable area shown on Exhibit A-2 to this Lease (the “Suite 1400 Expansion Space”) if: 

 

	 	a.	Landlord receives written notice (the “Suite 1400 Expansion Notice”) from Tenant of the exercise of its Suite 1400 Expansion Option on or before the date which is 6 months following the Commencement
Date; 

  

	 	b.	Tenant is not in Default under the Lease beyond any applicable cure periods at the time that Landlord receives the Suite 1400 Expansion Notice; 

 

	 	c.	No more than 25% of the portion of the Premises located on the floor(s) other than the 14th floor is sublet (other than pursuant to a Business Transfer, as defined in
Section 11.04 of the Lease) at the time Landlord receives the Suite 1400 Expansion Notice; and 

  

	 	d.	The Lease has not been assigned (other than pursuant to a Business Transfer, as defined in Section 11.04 of the Lease) prior to the date that Landlord receives the Notice. 

 

	 	4.02	Terms for Suite 1400 Expansion Space. 

  

	 	a.	 The initial annual Base Rent rate per rentable square foot for the Suite 1400 Expansion Space shall be the same as the Base Rent rate per rentable
square foot for the initial Premises on the date the term for the Suite 1400 Expansion Space commences. The Base Rent rate for the Suite 1400 Expansion Space shall increase at such times and in such amount as Base Rent for the initial Premises, it
being the intent of Landlord and Tenant that the Base Rent rate per rentable square foot for the Suite 1400 Expansion Space shall always be the same as the Base 

  
 F-8 

	 	
Rent rate per rentable square foot for the initial Premises. Base Rent attributable to the Suite 1400 Expansion Space shall be payable in monthly installments in accordance with the terms and
conditions of the Lease. In addition, so long as Tenant is not in Default under his Lease, Tenant shall be entitled to an abatement of Base Rent payable for the Suite 1400 Expansion Space (the “Suite 1400 Abated Base Rent”) for the
period (the “Suite 1400 Base Rent Abatement Period”) starting on Suite 1400 Commencement Date (as herein defined) and ending on the later to occur of (i) the last day of the First Abatement Period, and (ii) the date which
is 90 days after the Suite 1400 Commencement Date. If Tenant Defaults at any time during the Term and fails to cure such Default within any applicable cure period under the Lease, all unamortized Suite 1400 Abated Base Rent (i.e. based upon the
amortization of the Suite 1400 Abated Base Rent in equal monthly amounts during the initial Term for the Suite 1400 Expansion Space, without interest) shall immediately become due and payable. The payment by Tenant of the Suite 1400 Abated Base Rent
in the event of a Default shall not limit or affect any of Landlord’s other rights, pursuant to this Lease or at law or in equity. During the Suite 1400 Base Rent Abatement Period, only Base Rent for the Suite 1400 Expansion Space shall be
abated, and all other Base Rent, Additional Rent and other costs and charges specified in this Lease shall remain as due and payable pursuant to the provisions of this Lease. 

 

	 	b.	Tenant shall pay Additional Rent (i.e. Taxes and Expenses) for the Suite 1400 Expansion Space on the same terms and conditions set forth in the Lease, including the same Base Year, if any, that is applicable to the
initial Premises, and Tenant’s Pro Rata Share shall increase appropriately to account for the addition of the Suite 1400 Expansion Space. 

  

	 	c.	Subject to Landlord’s obligation to complete the Landlord Work, the Suite 1400 Expansion Space (including improvements and personalty, if any) shall be accepted by Tenant in its “as-built” condition and
configuration existing on the earlier of the date Tenant takes possession of the Suite 1400 Expansion Space or as of the date the term for the Suite 1400 Expansion Space commences. In addition, Tenant shall be entitled to an Improvement Allowance
with respect to the Suite 1400 Expansion Space, as described in Section 4.03 below. 

  

	 	d.	The term for the Suite 1400 Expansion Space shall commence on the day (the “Suite 1400 Commencement Date”) which is the later to occur of (i) the date the Landlord Work is Substantially Complete,
and (iii) the first day of the first full calendar month following the date of the Suite 1400 Expansion Notice, and shall end, unless sooner terminated pursuant to the terms of the Lease, on the Termination Date of the Lease, it being the
intention of the parties hereto that the term for the Suite 1400 Expansion Space and the Term for the initial Premises shall be coterminous. 

  
 F-9 

	 	e.	The Suite 1400 Expansion Space shall be considered Premises, subject to all the terms and conditions of the Lease, except that no allowances, credits, abatements or other concessions (if any) set forth in the Lease for
the initial Premises shall apply to the Suite 1400 Expansion Space, except as may be specifically provided otherwise in this Suite 1400 Expansion Option provision. 

 

	 	4.03	Improvement Allowance. 

  

	 	a.	Tenant shall be entitled to receive an improvement allowance (the “Improvement Allowance”) per square foot of rentable area in the Suite 1400 Expansion Space leased by Tenant in an amount determined by
multiplying $0.8462 by the number of full calendar months remaining in the Term on the Suite 1400 Commencement Date. For example, if there are 60 full calendar months remaining in the Term on the Suite 1400 Commencement Date, Tenant shall be
entitled to receive an Improvement Allowance of $50.77 per square foot of the rentable area of Suite 1400 Expansion Space ($0.8462 x 60 months = $50.77). Such Improvement Allowance shall be applied toward the cost of initial improvements to be
performed in the Suite 1400 Expansion Space (the “Improvements”), including the cost of preparing plans, drawings and specifications in connection therewith. 

 

	 	b.	The Improvement Allowance shall be disbursed during construction of the Improvements (but no more often than once every 30 days) upon receipt by Landlord of necessary waivers of mechanics liens from the general
contractor and the subcontractors, percentage completion certificates from Tenant, the general contractor and Tenant’s architect, a sworn contractor’s affidavit from the general contractor, a request to disburse from Tenant containing an
approval by Tenant of the work done, and such other documents as Landlord may reasonably request. Landlord shall disburse the Improvement Allowance funds within 30 days of receipt of the documentation described above, subject to 10% retention, to
the order of the general contractor or, at Landlord’s election, to the joint order of the general contractor and all included subcontractors. If the cost of the Improvements exceeds the Improvement Allowance, then the Improvement Allowance will
be disbursed in the proportion that the Improvement Allowance bears to the total cost of the Improvements. Upon completion of the Improvements, and prior to final disbursement of the Improvement Allowance, Tenant shall furnish Landlord with:
(i) general contractor and architectural completion affidavits, (ii) full and final waivers of lien, (iii) receipted bills covering all labor and materials expended and used, (iv) as-built plans of the Improvements, (v) the
certification of Tenant and its architect that the Improvements have been installed in a good and workmanlike manner in accordance with the approved plans and in accordance with applicable codes and ordinances, and (vi) such other documents as
Landlord may reasonably request to evidence the proper completion and payment of the Improvements. 

  
 F-10 

	 	c.	Notwithstanding anything herein to the contrary, Landlord shall not be obligated to disburse any portion of the Improvement Allowance during the continuance of an uncured Default under the Lease, and Landlord’s
obligation to disburse shall only resume when and if such Default is cured. The Improvement Allowance may only be used for the cost of the initial alterations in the Suite 1400 Expansion Space (including, but not limited to, the cost of preparing
design and construction documents and mechanical and electrical plans for the initial alterations, the cost of city permits, and for hard costs in connection with the initial alterations in the Suite 1400 Expansion Space) and/or (iii) FF&E
Costs and/or Cabling Costs (as those terms are defined in Exhibit C). Any Improvement Allowance remaining after September 30, 2015 shall accrue to Landlord and Tenant shall have no claim in connection therewith. 

 

	 	4.04	Suite 1400 Expansion Amendment. If Tenant is entitled to and properly exercises the Suite 1400 Expansion Option, Landlord shall prepare an amendment (the “Suite 1400 Expansion Amendment”) to
reflect the commencement date of the term for the Suite 1400 Expansion Space and the changes in Base Rent, Rentable Square Footage of the Premises, Tenant’s Pro Rata Share and other appropriate terms. A copy of the Suite 1400 Expansion
Amendment shall be sent to Tenant within a reasonable time after Landlord’s receipt of the Suite 1400 Expansion Notice, and Tenant shall execute and return the Suite 1400 Expansion Amendment to Landlord within 15 days thereafter, but an
otherwise valid exercise of the Suite 1400 Expansion Option shall be fully effective whether or not the Suite 1400 Expansion Amendment is executed. 

  

	 	4.05	Time of the Essence. Time is of the essence with respect to all time periods set forth in this Section 4. 

  

	 	4.06	Personal to Tenant. Notwithstanding anything herein to the contrary, Tenant’s Suite 1400 Expansion Option is personal to Tenant and in no event shall such Suite 1400 Expansion Option be assignable (except in
connection with a Business Transfer, as defined in Section 11.04 of the Lease). 

  

	5.	Suite 1401 Expansion Option. 

  

	 	5.01	Grant of Option; Conditions. Tenant shall have the option (the “Suite 1401 Expansion Option”) to lease the space located on the 14th floor of
the Building and known as Suite No. 1401 containing approximately 14,372 rentable square feet shown on Exhibit A-3 to this Lease (the “Suite 1401 Expansion Space”) if: 

 

	 	a.	Landlord receives written notice (the “Suite 1401 Expansion Notice”) from Tenant of the exercise of its Suite 1401 Expansion Option on or before June 1, 2015; 

 

	 	b.	Tenant is not in Default under the Lease beyond any applicable cure periods at the time that Landlord receives the Suite 1401 Expansion Notice; 

 

	 	c.	No more than 25% of the portion of the Premises located on the floor(s) other than the 14th floor is sublet (other than pursuant to a Business Transfer, as defined in
Section 11.04 of the Lease) at the time Landlord receives the Suite 1401 Expansion Notice; 

  
 F-11 

	 	d.	The Lease has not been assigned (other than pursuant to a Business Transfer, as defined in Section 11.04 of the Lease) prior to the date that Landlord receives the Suite 1401 Expansion Notice; and

  

	 	e.	Tenant has not vacated or abandoned the Premises at the time Landlord receives the Suite 1401 Expansion Notice. 

  

	 	5.02	Terms for Suite 1401 Expansion Space. 

  

	 	a.	The initial annual Base Rent rate per rentable square foot for the Suite 1401 Expansion Space shall be the Prevailing Market rate (as defined in Section 3 of this Exhibit F) per rentable square foot for
the Suite 1401 Expansion Space. Base Rent shall increase or decrease, if at all, in accordance with the increases or decreases assumed in the determination of Prevailing Market rate. Base Rent attributable to the Suite 1401 Expansion Space shall be
payable in monthly installments in accordance with the terms and conditions of the Lease. 

  

	 	b.	Tenant shall pay Additional Rent (i.e. Taxes and Expenses) for the Suite 1401 Expansion Space on the same terms and conditions set forth in the Lease, provided that Tenant’s Pro Rata Share shall increase by 1.2949%
to account for the addition of the Suite 1401 Expansion Space, and the manner and method in which Tenant reimburses Landlord for Tenant’s share of Taxes and Expenses and the Base Year, if any, applicable to such matter, shall be some of the
factors considered in determining the Prevailing Market rate for the Suite 1401 Expansion Space. 

  

	 	c.	The Suite 1401 Expansion Space (including improvements and personalty, if any) shall be accepted by Tenant in its “as-built” condition and configuration existing on the earlier of the date Tenant takes
possession of the Suite 1401 Expansion Space or as of the date the term for the Suite 1401 Expansion Space commences. 

  

	 	d.	Subject to the terms of Section 5.03 below, the term for the Suite 1401 Expansion Space shall commence on March 1, 2016, and shall end, unless sooner terminated pursuant to the terms of the Lease, on the
Termination Date of the Lease, it being the intention of the parties hereto that the term for the Suite 1401 Expansion Space and the Term for the initial Premises shall be coterminous. If Landlord is delayed delivering possession of the Suite 1401
Expansion Space due to the holdover or unlawful possession of such space by any party, Landlord shall use reasonable efforts to obtain possession of the space, which shall include commencement of eviction proceedings if Landlord reasonably deems
appropriate, and the commencement of the term for the Suite 1401 Expansion Space shall be postponed until the date Landlord delivers possession of the Suite 1401 Expansion Space to Tenant free from occupancy by any party. 

Notwithstanding the foregoing, if the Landlord has not delivered the Suite 1401 Expansion Space to Tenant by July 1, 2016 (the
“Suite 1401 Expansion Space Required Delivery Date”) then Tenant, as its sole 

  
 F-12 

	 	
remedy, may terminate this Lease with respect to the Suite 1401 Expansion Space only, by giving Landlord written notice of termination on or before the earlier to occur of: (i) 5 Business
Days after the Suite 1401 Expansion Space Required Delivery Date; and (ii) the date (the “Suite 1401 Expansion Space Delivery Date”) that the Landlord delivers the Suite 1401 Expansion Space to Tenant in the condition required
in this Lease. In such event, this Lease shall be deemed null and void and of no further force and effect with respect to the Suite 1401 Expansion Space only, and Landlord shall promptly refund any prepaid rent and Security Deposit previously
advanced by Tenant under the Lease with respect to the Suite 1401 Expansion Space and, so long as Tenant has not previously defaulted under any of its obligations under this Lease, the parties hereto shall have no further responsibilities or
obligations to each other with respect to the Suite 1401 Expansion Space. Landlord and Tenant acknowledge and agree that: (i) the determination of the Suite 1401 Expansion Space Delivery Date shall take into consideration the effect of any
Tenant Delays; and (ii) the Suite 1401 Expansion Space Required Delivery Date shall be postponed by the number of days the Suite 1401 Expansion Space Delivery Date is delayed due to events of Force Majeure; provided that the number of days
which the Suite 1401 Expansion Space Required Delivery Date may be delayed due solely to events of Force Majeure shall not exceed 90 days. For purposes of this Section 5, a holdover by the existing tenant in the Suite 1401 Expansion Space shall
not be deemed to be an event of Force Majeure. Notwithstanding anything herein to the contrary, if Landlord determines in good faith that it will be unable to cause the Suite 1401 Expansion Space Delivery Date to occur by the Suite 1401 Expansion
Space Required Delivery Date, Landlord shall have the right to immediately cease its performance of any tenant improvement work in the Suite 1401 Expansion Space and provide Tenant with written notice (the “Completion Date Extension
Notice”) of such inability, which Completion Date Extension Notice shall set forth the date on which Landlord reasonably believes that the Suite 1401 Expansion Space Delivery Date will occur. Upon receipt of the Completion Date Extension
Notice, Tenant shall have the right to terminate this Lease with respect to the Suite 1401 Expansion Space only, by providing written notice of termination to Landlord within 5 Business Days after the date of the Completion Date Extension Notice. If
Tenant does not terminate this Lease with respect to the Suite 1401 Expansion Space only within such 5 Business Day period, the Suite 1401 Expansion Space Required Delivery Date automatically shall be amended to be the date set forth in
Landlord’s Completion Date Extension Notice. 

  

	 	e.	The Suite 1401 Expansion Space shall be considered Premises, subject to all the terms and conditions of the Lease, except that no allowances, credits, abatements or other concessions (if any) set forth in the Lease for
the initial Premises shall apply to the Suite 1401 Expansion Space, except as may be specifically provided otherwise in this Suite 1401 Expansion Option provision. 

  
 F-13 

	 	5.03	Early Availability. Tenant acknowledges that the Suite 1401 Expansion Space is currently leased to another tenant (such lease as the same may be amended from time to time (the “Existing Lease”).
Notwithstanding anything herein to the contrary, if the Existing Lease terminates (or the existing tenant’s right to possession is terminated) prior to its stated expiration date due to a material default by the tenant under the Existing Lease
and not as a result of a relocation of the tenant under the Existing Lease, Landlord, at its option, may provide Tenant with written notice of such prior termination (the “Prior Termination Notice”). If Landlord provides Tenant with
a Prior Termination Notice, Tenant shall have the option to lease the Suite 1401 Expansion Space in accordance with the terms and conditions set forth in Section 5.01 above, except that the Suite 1401 Expansion Notice shall be due within 30
days after the date of Landlord’s Prior Termination Notice, and the commencement date for such Suite 1401 Expansion Space shall be one (1) day after the date Landlord delivers possession of the Suite 1401 Expansion Space to Tenant, it
being agreed that Landlord shall deliver the Suite 1401 Expansion Space to Tenant as soon as reasonably possible after Landlord obtains possession of the Suite 1401 Expansion Space from the existing tenant under the Existing Lease. If Tenant does
not provide Landlord with an Suite 1401 Expansion Notice within such 30 day period or if Tenant is not entitled to exercise its Suite 1401 Expansion Option due to a violation of one of the conditions set forth in Section 5.01 above,
Tenant’s Suite 1401 Expansion Option shall be deemed to be null and void and Tenant shall have no further rights to lease the Suite 1401 Expansion Space hereunder. 

 

	 	5.04	Suite 1401 Expansion Amendment. If Tenant is entitled to and properly exercises the Suite 1401 Expansion Option, Landlord shall prepare an amendment (the “Suite 1401 Expansion Amendment”) to
reflect the commencement date of the term for the Suite 1401 Expansion Space and the changes in Base Rent, Rentable Square Footage of the Premises, Tenant’s Pro Rata Share and other appropriate terms. A copy of the Suite 1401 Expansion
Amendment shall be (i) sent to Tenant within a reasonable time after Landlord’s receipt of the Suite 1401 Expansion Notice, (ii) revised by Landlord, if necessary, to incorporate any changes by Tenant that are necessary to accurately
reflect the terms and conditions of Tenant’s Suite 1401 Expansion Option; and (iii) executed and returned by Tenant to Landlord within 15 days thereafter, but, following final determination of the Prevailing Market rate as described
herein, an otherwise valid exercise of the Suite 1401 Expansion Option shall be fully effective whether or not the Suite 1401 Expansion Amendment is executed. 

  

	 	5.05	Arbitration. 

  

	 	a.	 Within 30 days of receiving Tenant’s Suite 1401 Expansion Notice, Landlord shall give Tenant notice of Landlord’s determination of the
Prevailing Market rate for the Suite 1401 Expansion Space (the “Landlord’s Determination Notice”). If Tenant disagrees with Landlord’s determination of the Prevailing Market rate, Landlord and Tenant shall attempt to agree
on the Prevailing Market rate. If the parties do not so agree on the Prevailing Market rate within 30 days of the date of Landlord’s Determination Notice, Landlord and Tenant shall submit the determination of Prevailing Market rate to binding
arbitration unless the  

  
 F-14 

	 	
parties otherwise mutually agree in their respective sole discretion. In such event, Landlord and Tenant shall attempt to agree on an arbitrator within 10 days after the expiration of such 30 day
period. If they fail, after good faith efforts, to agree on an arbitrator within such 10 day period, Landlord and Tenant shall each appoint a reputable commercial leasing broker as arbitrator, each of whom shall have at least 10 years’ active
and current experience in the commercial real estate industry and the downtown central business district of Boston, Massachusetts leasing market with working knowledge of current rental rates and leasing practices related to buildings similar to the
Building. Such an appointment shall be signified in writing by each party to the other. If either party shall fail to appoint an arbitrator within a period of 10 days after written notice from the other party to make such appointment, the sole
arbitrator appointed shall make the determination of the Prevailing Market rate in the same manner provided below as though it were the third arbitrator. If both parties appoint an arbitrator, the arbitrators so appointed shall appoint a third
arbitrator, who is a reputable commercial leasing broker and has at least 10 years’ active and current experience in the commercial real estate industry and in the downtown central business district of Boston, Massachusetts leasing market with
working knowledge of current rental rates and leasing practices related to buildings similar to the Building, within 10 days after the appointment of the second arbitrator. Each of Landlord and Tenant shall furnish each of the three arbitrators with
a copy of their respective final determination of the Prevailing Market rate. The third arbitrator shall proceed with all reasonable dispatch to determine whether Landlord’s final determination of Prevailing Market rate or Tenant’s final
determination of Prevailing Market rate, most closely reflects the Prevailing Market rate and in no event shall the arbitrator have the right (i) to average the final determination of Prevailing Market rate of Landlord and Tenant or
(ii) to choose another rate. The decision of such third arbitrator shall in any event be rendered within 30 days after his/her appointment, or within such other period as the parties shall agree, and such decision shall be in writing and in
duplicate, one counterpart thereof to be delivered to each of the parties. The arbitration shall be conducted in accordance with the rules of the American Arbitration Association (or its successor) and applicable Law and this Section, which shall
govern to the extent of any conflict between this Section and the rules of the American Arbitration Association, and the decision of the third arbitrator shall be reviewable only to the extent provided by the rules of the American Arbitration
Association and shall otherwise be binding, final and conclusive on the parties. Each party shall pay the fees of the arbitrator it chose and the fees of its counsel and the losing party shall pay for the fees of the third arbitrator and the
reasonable and necessary expenses incident to the proceedings; provided however, if a party fails to appoint an arbitrator, the fees of the sole arbitrator shall be split between the two parties equally. 

 

	 	b.	 If the Prevailing Market rate has not been determined by the commencement date of the term for the Suite 1401 Expansion Space, the commencement date
for the Suite 1401 Expansion Space shall be 

  
 F-15 

	 	
postponed until Landlord and Tenant determine and agree upon the Prevailing Market rate has been determined. Upon such determination, the Base Rent for the Suite 1401 Expansion Space shall be
retroactively adjusted to the commencement of the term for the Suite 1401 Expansion Space. If such adjustment results in an underpayment of Base Rent by Tenant, Tenant shall pay the Landlord the amount of such underpayment within 30 days after the
determination thereof. If such adjustment results in an overpayment of Base Rent by Tenant, Landlord shall credit such overpayment against the next installment of Base Rent due under the Lease for the Suite 1401 Expansion Space and, to the extent
necessary, any subsequent installments, until the entire amount of such overpayment has been credited against Base Rent. 

  

	 	5.06	Time of the Essence. Time is of the essence with respect to all time periods set forth in this Section 5. 

  

	 	5.07	Personal to Tenant. Notwithstanding anything herein to the contrary, Tenant’s Suite 1401 Expansion Option is personal to Tenant and in no event shall such Suite 1401 Expansion Option be assignable other than
to an assignee pursuant to a Business Transfer. 

  

	6.	Right of First Offer. 

  

	 	6.01	 Grant of Option; Conditions. Tenant shall have an ongoing right of first offer (the “Right of First Offer”) with respect to
the 8,691 rentable square feet on the 14th floor of the Building (“Offering Space 1”) and the 5,197 rentable square feet of space on the 14th floor of the Building (“Offering Space 2”), each as shown on the demising plan attached hereto as Exhibit A-3 subject to the following terms and conditions. Offering
Space 1 and Offering Space 2 are each referred to herein as an “Offering Space”. Tenant’s Right of First Offer shall be exercised as follows: if during the Term Landlord determines (in Landlord’s sole judgment) that all or
a portion of an applicable Offering Space is available to lease to a third party other than (i) the existing tenant or occupant of such Offering Space, or (ii) any person or entity then having any preexisting rights to such Offering Space,
then Landlord shall advise Tenant (the “Advice”) of the economic and other terms and conditions under which Landlord is prepared to lease the applicable Offering Space to Tenant, which terms shall reflect the Prevailing Market (as
defined in Section 3 of this Exhibit F) rate for such Offering Space as reasonably determined by Landlord. Tenant may lease such Offering Space in its entirety only, under such terms, by delivering written notice of exercise to
Landlord (the “Notice of Exercise”) within 10 Business Days after the date of the Advice, which Notice of Exercise shall include a representation and warranty from Tenant to Landlord that the applicable Offering Space is intended
for the exclusive use of Tenant during the Term. In the event Tenant desires to exercise its Right of First Offer, but Tenant disagrees with Landlord’s determination of the Prevailing Market rate for the applicable Offering Space, Tenant shall
have the right to provide Landlord with a Notice of Exercise meeting the requirements set forth above within the time period specified above, but such Notice of Exercise shall also (a) indicate Tenant’s disagreement with Landlord’s
determination of the Prevailing Market rate for the applicable Offering Space, (b) set forth Tenant’s determination of the Prevailing Market rate for the applicable Offering Space, and

  
 F-16 

	 	
(c) indicate Tenant’s election to have the Prevailing Market rate determined in accordance with the provisions of Section 6.05 below. In any event, Tenant’s delivery of a
Notice of Exercise shall be deemed to be the irrevocable exercise by Tenant of its Right of First Offer subject to and in accordance with the provisions of this Section 6. Notwithstanding the foregoing, Tenant shall have no such Right of First
Offer and Landlord need not provide Tenant with an Advice, if: 

  

	 	a.	Tenant is in Default under the Lease beyond any applicable cure periods at the time that Landlord would otherwise deliver the Advice; or 

 

	 	b.	more than 25% of the portion of the Premises located on the floor(s) other than the 14th floor is sublet (other than pursuant to a Business Transfer, as defined in
Section 11.04 of the Lease) at the time Landlord would otherwise deliver the Advice; or 

  

	 	c.	the Lease has been assigned (other than pursuant to a Business Transfer, as defined in Section 11.04 of the Lease) prior to the date Landlord would otherwise deliver the Advice; or 

 

	 	d.	Tenant (or any transferee pursuant to a Business Transfer) is not occupying the Premises on the date Landlord would otherwise deliver the Advice; or 

 

	 	e.	the existing tenant or occupant in the applicable Offering Space is interested in extending or renewing its lease for such Offering Space or entering into a new lease for such Offering Space. 

 

	 	6.02	Terms for Offering Space. 

  

	 	a.	The term for the applicable Offering Space (“Offering Space Term”) shall commence upon the commencement date stated in the Advice and shall end upon the Termination Date applicable to the initial
Premises, it being the intention of the parties that the Term for the initial Premises and the term for the applicable Offering Space be coterminous. Effective as of the commencement date stated in the Advice, such Offering Space shall be considered
a part of the Premises, provided that all of the terms stated in the Advice shall govern Tenant’s leasing of such Offering Space and only to the extent that they do not conflict with the Advice, the terms and conditions of this Lease shall
apply to such Offering Space. 

  

	 	b.	Tenant shall pay Base Rent and Additional Rent for the applicable Offering Space in accordance with the terms and conditions of the Advice, which terms and conditions shall reflect the Prevailing Market rate for such
Offering Space as determined in Landlord’s reasonable judgment, subject to the provisions of Section 6.05 below. 

  

	 	c.	 The applicable Offering Space (including improvements and personalty, if any) shall be accepted by Tenant in its condition and as-built configuration
existing on the earlier of the date Tenant takes possession of the applicable Offering Space or as of the date the term for such Offering Space commences, unless the Advice specifies any work to be

  
 F-17 

	 	
performed by Landlord in such Offering Space or provides an allowance for work to be performed by a tenant, in which case Landlord shall perform such work in the applicable Offering Space, or
provide such allowance to Tenant in accordance with the terms of the Advice. If Landlord is delayed delivering possession of the applicable Offering Space due to the holdover or unlawful possession of such space by any party, Landlord shall use
reasonable efforts to obtain possession of the space, and the commencement of the term for such Offering Space shall be postponed until the date Landlord delivers possession of the applicable Offering Space to Tenant free from occupancy by any
party. 

  

	 	6.03	Termination of Right of First Offer. The rights of Tenant hereunder with respect to each applicable Offering Space shall terminate on the earlier to occur of: (i) the last day of 48th full calendar month of the term; (ii) Tenant’s failure to exercise its Right of First Offer within the 10 Business Day period provided in Section 6.01 above with respect to such
Offering Space; and (iii) the date Landlord would have provided Tenant an Advice if Tenant had not been in violation of one or more of the conditions set forth in Section 6.01 above. If Landlord provides Tenant with an Advice for only one
Offering Space, Tenant shall continue to have its Right of First Offer with respect to the other Offering Space until Tenant’s right of First Offer with respect to such remaining Offering Space are terminated as provided herein.

 Notwithstanding the foregoing, If Tenant was entitled to exercise its Right of First Offer with respect to a particular
Offering Space, but failed to provide Landlord with a Notice of Exercise within the 10 Business Day period provided in Section 6.01 above, Tenant shall once again have the Right of First Offer with respect to such applicable Offering Space if
(i) Landlord does not enter into a lease for such Offering Space within a period of 6 months following the date of the Advice, or (ii) within a period of 6 months following the date of the Advice, Landlord proposes to lease the applicable
Offering Space to a prospect on terms that are substantially different than those set forth in the Advice. For purposes hereof, the terms offered to a prospect shall be deemed to be substantially different than those set forth in the Advice if is
more than a 10% reduction in the “bottom line” cost per rentable square foot of the applicable Offering Space to the prospect when compared with the “bottom line” cost per rentable square foot under the Advice, considering all of
the economic terms of the both deals, respectively, including, without limitation, the net rent, any tax or expense escalation or other financial escalation and any financial concessions. In addition, if Landlord does enter into a lease for the
applicable Offering Space, Tenant shall have a Right of First Offer on such Offering Space (subject to the terms hereof) upon the expiration of the lease with the other tenant, subject to any extension or renewal rights of such other tenant. 

 

	 	6.04	 Offering Amendment. If Tenant exercises its Right of First Offer, Landlord shall prepare an amendment (the “Offering
Amendment”) adding the applicable Offering Space to the Premises on the terms set forth in the Advice and reflecting the changes in the Base Rent, Rentable Square Footage of the Premises, Tenant’s Pro Rata Share and other appropriate
terms. A copy of the Offering Amendment shall be (i) sent to Tenant within a reasonable time after Landlord’s receipt of the Notice of Exercise executed by Tenant, (ii) revised by Landlord, if

  
 F-18 

	 	
necessary, to incorporate any changes by Tenant that are necessary to accurately reflect the terms and conditions of Tenant’s Right of First Offer; and (iii) executed and returned by
Tenant to Landlord within 15 days thereafter, but an otherwise valid exercise of the Right of First Offer shall be fully effective whether or not the Offering Amendment is executed. 

 

	 	6.05	 Arbitration Procedures. In the event Tenant has timely provided Landlord with a Notice of Exercise satisfying the requirements set forth in
Section 6.01 above and which indicates Tenant’s disagreement with Landlord’s determination of the Prevailing Market rate for the applicable Offering Space and sets forth Tenant’s determination of the Prevailing Market rate for
such Offering Space, Landlord and Tenant shall attempt to agree on the Prevailing Market rate for the applicable Offering Space, acting in good faith. If the parties agree on the Prevailing Market rate for such Offering Space within 30 days of the
date of Tenant’s Notice of Exercise, then Landlord and Tenant shall enter into an Offering Amendment based upon such determination of the Prevailing Market rate for the applicable Offering Space. If the parties do not so agree on the Prevailing
Market rate within 30 days of the date of Tenant’s Notice of Exercise, Landlord and Tenant shall submit the determination of Prevailing Market rate to binding arbitration unless the parties otherwise mutually agree in their respective sole
discretion. In such event, Landlord and Tenant shall attempt to agree on an arbitrator within 10 days after the expiration of such 30 day period. If they fail, after good faith efforts, to agree on an arbitrator within such 10 day period, Landlord
and Tenant shall each appoint a reputable commercial leasing broker as arbitrator, each of whom shall have at least 10 years’ active and current experience in the commercial real estate industry and the downtown central business district of
Boston, Massachusetts leasing market with working knowledge of current rental rates and leasing practices related to buildings similar to the Building. Such an appointment shall be signified in writing by each party to the other. If either party
shall fail to appoint an arbitrator within a period of 10 days after written notice from the other party to make such appointment, the sole arbitrator appointed shall make the determination of the Prevailing Market rate in the same manner provided
below as though it were the third arbitrator. If both parties appoint an arbitrator, the arbitrators so appointed shall appoint a third arbitrator, who is a reputable commercial leasing broker and has at least 10 years’ active and current
experience in the commercial real estate industry and the downtown central business district of Boston, Massachusetts leasing market with working knowledge of current rental rates and leasing practices related to buildings similar to the Building,
within 10 days after the appointment of the second arbitrator. Each of Landlord and Tenant shall furnish each of the three arbitrators with a copy of their respective final determination of the Prevailing Market rate. The third arbitrator shall
proceed with all reasonable dispatch to determine whether Landlord’s final determination of Prevailing Market rate or Tenant’s final determination of Prevailing Market rate, most closely reflects the Prevailing Market rate and in no event
shall the arbitrator have the right (i) to average the final determination of Prevailing Market rate of Landlord and Tenant or (ii) to choose another rate. The decision of such third arbitrator shall in any event be rendered within 30 days
after his/her appointment, or within such other period as the parties shall agree, and such decision shall be in writing and in duplicate, one counterpart thereof to be delivered to each of the parties. The arbitration shall be

  
 F-19 

	 	
conducted in accordance with the rules of the American Arbitration Association (or its successor) and applicable law and this Section, which shall govern to the extent of any conflict between
this Section and the rules of the American Arbitration Association, and the decision of the third arbitrator shall be reviewable only to the extent provided by the rules of the American Arbitration Association and shall otherwise be binding, final
and conclusive on the parties. Each party shall pay the fees of the arbitrator it chose and the fees of its counsel and the losing party shall pay for the fees of the third arbitrator and the reasonable and necessary expenses incident to the
proceedings; provided however, if a party fails to appoint an arbitrator, the fees of the sole arbitrator shall be split between the two parties equally. 

If the Prevailing Market rate has not been determined by the commencement date of the term for the applicable Offering Space, Tenant shall pay
Base Rent for such Offering Space upon the terms and conditions set forth in the Advice until such time as the Prevailing Market rate has been determined. Upon such determination, the Base Rent for the applicable Offering Space shall be
retroactively adjusted to the commencement of the term for such Offering Space. If such adjustment results in an underpayment of Base Rent by Tenant, Tenant shall pay Landlord the amount of such underpayment within 30 days after the determination
thereof. If such adjustment results in an overpayment of Base Rent by Tenant, Landlord shall credit such overpayment against the next installment of Base Rent due under the Lease for the applicable Offering Space and, to the extent necessary, any
subsequent installments, until the entire amount of such overpayment has been credited against Base Rent. 
  

	 	6.06	Time of the Essence. Time is of the essence with respect to all time periods set forth in this Section 6. 

  

	 	6.07	Personal to Tenant. Notwithstanding anything herein to the contrary, Tenant’s Right of First Offer is personal to Tenant and in no event shall such Right of First Offer be assignable other than to an
assignee pursuant to a Business Transfer. 

  

	7.	Initial Suite Signage and Building Directory. Notwithstanding anything to the contrary contained in Section 3 and Section 4 of Exhibit E (Building Rules and Regulations) of the Lease,
Landlord, at Landlord’s cost and expense, shall install, for the Tenant as initially named herein, using the standard graphics for the Building, initial Building standard tenant identification and suite numbers at the entrance to the initial
Premises and on the Building directory in the main Building lobby. Thereafter, any additional tenant identification shall be (i) subject to Landlord’s prior review and approval thereof, and (ii) installed by Landlord, at Tenant’s
cost and expense, using the standard graphics for the Building. Notwithstanding the foregoing, Tenant may (but shall not be obligated to), at Tenant’s sole cost and expense, provide signage within the Premises (including, without limitation, in
the elevator lobby on any full floor of the Premises) of such design and graphics as Tenant, in its sole discretion may elect. 

  

	8.	Letter of Credit. 

  

	 	8.01	 General Provisions. Concurrently with Tenant’s execution of this Lease, Tenant shall deliver to Landlord, as collateral for the
full performance by Tenant of all of its obligations under this Lease and for all losses and damages Landlord may  

  
 F-20 

	 	
suffer as a result of Tenant’s failure to comply with one or more provisions of this Lease, a standby, unconditional, irrevocable, transferable letter of credit (the
“Letter of Credit”) in the form of Exhibit H hereto and containing the terms required herein, in the face amount of $975,000.00 (the “Letter of Credit Amount”), naming Landlord as beneficiary, issued (or
confirmed) by a financial institution acceptable to Landlord in Landlord’s sole discretion, permitting multiple and partial draws thereon, and otherwise in form acceptable to Landlord in its sole discretion. Tenant shall cause the Letter of
Credit to be continuously maintained in effect (whether through replacement, renewal or extension) in the Letter of Credit Amount through the date (the “Final LC Expiration Date”) that is 60 days after the scheduled expiration
date of the Term or any renewal Term. If the Letter of Credit held by Landlord expires earlier than the Final LC Expiration Date (whether by reason of a stated expiration date or a notice of termination or non-renewal given by the issuing bank),
Tenant shall deliver a new Letter of Credit or certificate of renewal or extension (a “Renewal or Replacement LC”) to Landlord not later than 60 days prior to the expiration date of the Letter of Credit then held by Landlord. Any
Renewal or Replacement LC shall comply with all of the provisions of this Section 8, shall be irrevocable, transferable and shall remain in effect (or be automatically renewable) through the Final LC Expiration Date upon the same terms as the
expiring Letter of Credit or such other terms as may be acceptable to Landlord in its sole discretion.  

Notwithstanding the foregoing, if at any time during the Term Landlord reasonably determines that the financial condition of the issuing bank
is such that Landlord’s ability to draw upon the Letter of Credit is, or in the future may be, impaired, restricted, refused or otherwise affected, then Tenant shall, within 15 Business Days of Landlord’s written request to Tenant, obtain
a renewal or replacement Letter of Credit in form acceptable to Landlord in substitution of the then current Letter of Credit from an issuing bank acceptable to Landlord in Landlord’s reasonable discretion. In the event Tenant is unable to
provide Landlord with a renewal or replacement Letter of Credit within such 15 Business Day period, then Tenant may deposit with Landlord a cash security deposit in the amount of the Letter of Credit Amount which shall be held by Landlord in
accordance with the provisions of Section 6 of the Lease until such time as Tenant is able to provide Landlord with a renewal or replacement Letter of Credit meeting the requirements set forth herein, at which point Landlord shall refund the
unapplied portion of such cash security deposit to Tenant upon Landlord’s receipt of the renewal or replacement Letter of Credit. Tenant’s right to provide a cash security deposit on an interim basis as provided herein shall not relieve
Tenant of the obligation to provide Landlord with a renewal or replacement Letter of Credit meeting the requirements of this Section as soon as possible. 
  

	 	8.02	 Drawings under Letter of Credit. Upon Tenant’s failure to comply with one or more provisions of this Lease, or as otherwise
specifically agreed by Landlord and Tenant pursuant to this Lease or any amendment hereof, Landlord may, without prejudice to any other remedy provided in this Lease or by Law, draw on the Letter of Credit and use all or part of the proceeds to
(a) satisfy any amounts due to Landlord from Tenant under the Lease, (b) pay any other sum to which Landlord becomes obligated by reason of Tenant’s failure to carry out 

  
 F-21 

	 	
its obligations under this Lease, and (c) to compensate Landlord for any losses or damages which Landlord suffers thereby arising from Tenant’s failure to carry out its obligations
under this Lease. In addition, if Tenant fails to furnish a Renewal or Replacement LC complying with all of the provisions of this Section 8 at least 60 days prior to the stated expiration date of the Letter of Credit then held by Landlord,
Landlord may draw upon such Letter of Credit and hold the proceeds thereof (and such proceeds need not be segregated) in accordance with the terms of this Section 8 (the “LC Proceeds Account”). 

 

	 	8.03	Use of Proceeds by Landlord. The proceeds of the Letter of Credit shall constitute Landlord’s sole and separate property (and not Tenant’s property or the property of Tenant’s
bankruptcy estate) and Landlord may immediately upon any draw (and without notice to Tenant) apply or offset the proceeds of the Letter of Credit: (a) against any Rent payable by Tenant under this Lease that is not paid when due;
(b) against all losses and damages that Landlord has suffered or that Landlord reasonably estimates that it may suffer as a result of Tenant’s failure to comply with one or more provisions of this Lease; (c) against any costs incurred
by Landlord in connection with the Lease (including attorneys’ fees); and (d) against any other amount that Landlord may spend or become obligated to spend by reason of Tenant’s Default. Provided Tenant has performed all of its
obligations under this Lease, Landlord agrees to pay to Tenant within 45 days after the Final LC Expiration Date the amount of any proceeds of the Letter of Credit received by Landlord and not applied as allowed above; provided, that if prior to the
Final LC Expiration Date a voluntary petition is filed by Tenant or any Guarantor, or an involuntary petition is filed against Tenant or any Guarantor by any of Tenant’s or Guarantor’s creditors, under the Federal Bankruptcy Code, then
Landlord shall not be obligated to make such payment in the amount of the unused Letter of Credit proceeds until either all preference issues relating to payments under this Lease have been resolved in such bankruptcy or reorganization case or such
bankruptcy or reorganization case has been dismissed, in each case pursuant to a final court order not subject to appeal or any stay pending appeal. 

  

	 	8.04	Additional Covenants of Tenant. If, as result of any application or use by Landlord of all or any part of the Letter of Credit, the amount of the Letter of Credit shall be less than the Letter of
Credit Amount, Tenant shall, within 5 Business Days thereafter, provide Landlord with additional letter(s) of credit in an amount equal to the deficiency (or a replacement letter of credit in the total Letter of Credit Amount), and any such
additional (or replacement) letter of credit shall comply with all of the provisions of this Section 8, and if Tenant fails to comply with the foregoing, notwithstanding anything to the contrary contained in this Lease, the same shall
constitute an incurable Default by Tenant. Tenant further covenants and warrants that it will neither assign nor encumber the Letter of Credit or any part thereof and that neither Landlord nor its successors or assigns will be bound by any such
assignment, encumbrance, attempted assignment or attempted encumbrance. 

  

	 	8.05	 Nature of Letter of Credit. Landlord and Tenant (a) acknowledge and agree that in no event or circumstance shall the Letter
of Credit or any renewal thereof or substitute therefor or any proceeds thereof (including the LC Proceeds Account) be deemed to be or treated as a “security deposit” under any Law applicable to security deposits in the commercial context
(“Security Deposit Laws”), (b) acknowledge and agree that the Letter of Credit (including any  

  
 F-22 

	 	
renewal thereof or substitute therefor or any proceeds thereof) is not intended to serve as a security deposit, and the Security Deposit Laws shall have no applicability or relevancy thereto, and
(c) waive any and all rights, duties and obligations either party may now or, in the future, will have relating to or arising from the Security Deposit Laws. 

 

	 	8.06	Reduction in Letter of Credit Amount. Provided that, during the 12 month period immediately preceding the effective date of any reduction of the Letter of Credit, Tenant has timely paid all
Rent and Tenant has not been in Monetary Default or material non-Monetary Default more than twice in such 12 month period, and any such Monetary Default or material non-Monetary Default has been cured (the “LC Reduction
Conditions”), Tenant may reduce the Letter of Credit Amount so that the reduced Letter of Credit Amounts will be as follows: (a) $650,000.00 effective as of first day of the 25th
full calendar month following the Commencement Date; and (b) $500,000.00 effective as of first day of the 49th full calendar month following the Commencement Date. Notwithstanding the
foregoing, the parties agree that in the event that after March 31, 2016 Tenant maintains not less than $40,000,000.00 in cash as shown on Tenant’s balance sheet for a full 6 calendar month period and provides to Landlord evidence
reasonably satisfactory to Landlord, in its reasonable discretion, and Tenant has timely paid all Rent and no Default has occurred under this Lease (“Additional LC Reduction Conditions”), then Tenant may reduce the Letter of Credit
Amount so that the reduced Letter of Credit Amount shall be $500,000.00 effective as of the date which is 30 days after Tenant provides such satisfactory evidence to Landlord. If Tenant is not entitled to reduce the Letter of Credit Amount as of a
particular reduction effective date due to Tenant’s failure to satisfy the LC Reduction Conditions described above, then any subsequent reduction(s) Tenant is entitled to hereunder shall be reduced by the amount of the reduction Tenant would
have been entitled to had Tenant satisfied the LC Reduction Conditions necessary for such earlier reduction except to the extent that Tenant satisfies the Additional LL Reduction Conditions. Notwithstanding anything to the contrary contained herein,
if Tenant has been in Default under this Lease at any time prior to the effective date of any reduction of the Letter of Credit Amount and Tenant has failed to cure such Default within any applicable cure period, then Tenant shall have no further
right to reduce the Letter of Credit Amount as described herein. Any reduction in the Letter of Credit Amount shall be accomplished by Tenant providing Landlord with a substitute letter of credit in the reduced amount or an amendment to the existing
Letter of Credit reflecting the reduced amount. 

  
 F-23 

 EXHIBIT G 

NOTICE OF LEASE 

Notice is hereby given pursuant to Massachusetts General Laws, Chapter 183, Section 4 of the following lease: 

 

			
	 1.      Landlord:
		MA-100 SUMMER STREET OWNER, L.L.C., a Delaware limited liability company
		
	 2.      Tenant:
		RAPID7, INC., a Delaware corporation
		
	 3.      Date of Lease:
		                , 2013.
		
	 4.      Premises:
		46,569 rentable square feet of space as more particularly described in the Lease on the 13th and 14th floors of the
building known as and numbered 100 Summer Street, Boston, Massachusetts 02110 (“Building”). The legal description for the land on which the Building is situated is set forth on Exhibit A attached hereto.
		
	 5.      Initial Lease Term:
		65 month term.
		
	 6.      Extension Right:
		One (1) option to extend the term for five (5) years, on the terms and conditions provided for by the Lease.

 The foregoing is a summary of certain terms of the Lease for purposes of giving notice thereof, and shall not
be deemed to modify or amend the terms of the Lease. 
 This Notice is executed under seal this      day of
            ,         . 
  

			
	LANDLORD: [insert name of landlord]
		
	By:		  

	 Name:
		  

	 Title:
		  

	
	TENANT: [insert name of tenant]
		
	By:		  

	 Name:
		  

	 Title:
		  

  
 G-1 

 THE COMMONWEALTH OF MASSACHUSETTS 

                    , ss. 

On this      day of                  20
    , before me, the undersigned notary public, personally appeared
                                        , proved
to me through satisfactory evidence of identification, which was  ̈ photographic identification with signature issued by a federal or state governmental agency,
 ̈ oath or affirmation of a credible witness,  ̈ personal knowledge of the undersigned, to be the person whose name is signed on the preceding or attached
document(s), and acknowledged to me that (he)(she) signed it voluntarily for its stated purpose. (as partner for             partnership) (as
             of                     corporation), (as
             of                      limited liability company), (as attorney in fact
for                                        ).

 Notary Public:
                                         

My Commission Expires:
                                         

THE COMMONWEALTH OF MASSACHUSETTS 

                    , ss. 

On this      day of                  20
    , before me, the undersigned notary public, personally appeared
                                        , proved
to me through satisfactory evidence of identification, which was  ̈ photographic identification with signature issued by a federal or state governmental agency,
 ̈ oath or affirmation of a credible witness,  ̈ personal knowledge of the undersigned, to be the person whose name is signed on the preceding or attached
document(s), and acknowledged to me that (he)(she) signed it voluntarily for its stated purpose. (as partner for             partnership) (as
             of                     corporation), (as
             of                      limited liability company), (as attorney in fact
for                                        ).

 Notary Public:
                                         

My Commission Expires:
                                         

  
 G-2 

 EXHIBIT A 

LEGAL DESCRIPTION 

  
 G-3 

 EXHIBIT H 

FORM OF LETTER OF CREDIT 

This Exhibit is attached to and made a part of the Office Lease Agreement (the “Lease”) by and between MA-100 SUMMER STREET
OWNER, L.L.C., a Delaware limited liability company (“Landlord”), and RAPID7, INC., a Delaware corporation (“Tenant”), for space in the Building located at 100 Summer Street, Boston, Massachusetts 02110.
Capitalized terms used but not defined herein shall have the meanings given in the Lease. 
  

					
			  
		
			[Name of Financial Institution]		

  

			
	 Irrevocable Standby Letter of Credit

			
	 No.
		
 

			
	 Issuance Date:
		
 

			
	 Expiration Date:
		  

	 Applicant: Rapid7, Inc.

 Beneficiary 

MA-100 Summer Street Owner, L.L.C. 
 c/o Equity Office 

125 Summer Street, 17th Floor 

Boston, Massachusetts 02110 
 Attention: Property Manager 

Ladies/Gentlemen: 
 We hereby establish our
Irrevocable Standby Letter of Credit in your favor for the account of the above referenced Applicant in the amount of Nine Hundred Seventy Five Thousand and NO/100 U.S. Dollars ($975,000.00) available for payment at sight by your draft drawn on us
when accompanied by the following documents: 
  

	1.	An original copy of this Irrevocable Standby Letter of Credit. 

  

	2.	Beneficiary’s dated statement purportedly signed by an authorized signatory or agent reading: “This draw in the amount of             U.S. Dollars
($            ) under your Irrevocable Standby Letter of Credit No.             represents funds due and owing to us
pursuant to the terms of that certain lease by and between MA-100 Summer Street Owner, L.L.C., as landlord, and Rapid7, Inc., as tenant, and/or any amendment to the lease or any other agreement between such parties related to the lease.”

 It is a condition of this Irrevocable Standby Letter of Credit that it will be considered automatically renewed for a one
year period upon the expiration date set forth above and upon each anniversary of such date, unless at least 60 days prior to such expiration date or applicable anniversary thereof, we notify you in writing, by certified mail return receipt
requested or by recognized overnight courier service, that we elect not to so renew this Irrevocable Standby Letter of Credit. A copy of any such notice shall also be sent, in the same manner, to: Equity Office, 2 North Riverside Plaza, Suite 2100,
Chicago, Illinois 60606, Attention: Treasury Department. In addition to the foregoing, we understand and agree that you shall be entitled to 

  
 H-1 

 
draw upon this Irrevocable Standby Letter of Credit in accordance with 1 and 2 above in the event that we elect not to renew this Irrevocable Standby Letter of Credit and, in addition, you
provide us with a dated statement purportedly signed by an authorized signatory or agent of Beneficiary stating that the Applicant has failed to provide you with an acceptable substitute irrevocable standby letter of credit in accordance with the
terms of the above referenced lease. We further acknowledge and agree that: (a) upon receipt of the documentation required herein, we will honor your draws against this Irrevocable Standby Letter of Credit without inquiry into the accuracy of
Beneficiary’s signed statement and regardless of whether Applicant disputes the content of such statement; (b) this Irrevocable Standby Letter of Credit shall permit partial draws and, in the event you elect to draw upon less than the full
stated amount hereof, the stated amount of this Irrevocable Standby Letter of Credit shall be automatically reduced by the amount of such partial draw; and (c) you shall be entitled to transfer your interest in this Irrevocable Standby Letter
of Credit from time to time and more than one time without our approval and without charge. In the event of a transfer, we reserve the right to require reasonable evidence of such transfer as a condition to any draw hereunder. 

This Irrevocable Standby Letter of Credit is subject to the International Standby Practices (ISP98) ICC Publication No. 590. 

We hereby engage with you to honor drafts and documents drawn under and in compliance with the terms of this Irrevocable Standby Letter of
Credit. 
 All communications to us with respect to this Irrevocable Standby Letter of Credit must be addressed to our office located at
                                        
to the attention of
                                        .

  

	
	 Very truly yours,

	
	  

	
	
                [name]

	
	
                [title}

  
 H-2 

 EXHIBIT I 

HVAC SPECIFICATIONS 

This Exhibit is attached to and made a part of the Office Lease Agreement (the “Lease”) by and between MA-100
SUMMER STREET OWNER, L.L.C., a Delaware limited liability company (“Landlord”), and RAPID7, INC., a Delaware corporation (“Tenant”), for space in the Building located at 100 Summer Street, Boston,
Massachusetts 02110. Capitalized terms used but not defined herein shall have the meanings given in the Lease. 
 The Building HVAC System is
designed to provide heating and cooling as follows: 
  

			
	Winter:		72 degrees dry bulb +/- 2 degrees dry bulb when the outside temperature is 0 degrees dry bulb or greater
		
	Summer:		75 degrees dry bulb +/- 2 degrees dry bulb when the outside temperature is 91 degrees dry bulb or less

 However, Landlord shall not be liable for any failure to maintain the temperature ranges set forth above to the extent that
such failure arises out of either (i) an excess density or electrical load within the Premises beyond any density or load limits that are standard for the Building, or (ii) Tenant’s use of heat generating machines, equipment or
lighting in the Premises, or (iii) modifications performed to the HVAC system by Tenant (or any contractors retained by Tenant) which have not been approved by Landlord or which have been made by Tenant after being informed by Landlord that
such modifications may negatively affect the ability of Landlord to provide HVAC services in accordance with the specifications set forth in this Exhibit, or (iv) Tenant’s failure to keep the window coverings in the Premises closed during
periods when the outside temperature is 91 degrees dry bulb or above or (v) any Alterations to the Premises made by Tenant (or any contractors retained by Tenant) or at Tenant’s request which have not been approved by Landlord or which
have been made by Tenant after being informed by Landlord that such Alterations may negatively affect the ability of Landlord to provide HVAC services in accordance with the specifications set forth in this Exhibit. 

  
 H-1 

 EXHIBIT J 

JANITORIAL SPECIFICATIONS 

This Exhibit is attached to and made a part of the Office Lease Agreement (the “Lease”) by and between MA-100 SUMMER
STREET OWNER, L.L.C., a Delaware limited liability company (“Landlord”), and RAPID7, INC., a Delaware corporation (“Tenant”), for space in the Building located at 100 Summer Street, Boston,
Massachusetts 02110. Capitalized terms used but not defined herein shall have the meanings given in the Lease. 
 OFFICE AREAS (All Floors)

 Empty all waste receptacles. Clean, and reline when needed. Remove material to designated areas. 

Vacuum all carpeted main traffic and use areas, including conference rooms, reception areas, interior stairwells, hallways and corridors with the exception of
individual offices. Spot vacuum/clean all others areas as needed. 
 Wash and sanitize all drinking fountains. 

Damp mop spillage in uncarpeted office areas. 
 Spot clean carpets
to remove light spillage. Report large spills and stains to supervisor. 
 Assure all designated locked doors are closed after area has been cleaned. 

Activate all alarm systems as instructed by occupant (if applicable). 

Arrange chairs at desk and conference room tables and turn off lights upon exiting. 

Clean conference room tables and remove any remaining food items. 

Clean and sweep all lunchroom/eating areas. Wash and wipe tables and counter tops and clean sinks. 

Remove scuff marks on floor as needed. 
 Vacuum all carpeted areas
completely, private offices and cubicle interiors, desk knee area spaces and under waste containers. 
 Dust and wipe clean with damp or treated cloth all
office furniture, files, and cubicle partition tops, (DO NOT MOVE PAPERS). 
 Remove all finger marks and smudges from all vertical surfaces, including
doors, door frames, around light switches, private entrance glass, and partitions. 
 Damp wipe and polish all glass furniture tops. 

Damp mop hard surfaced floors and/or uncarpeted surface floors. 

Sweep uncarpeted floors employing dust control techniques with exception of lunchroom 

Dust and wipe clean chair bases and arms, telephones, cubicle shelves, window sills, relite ledges and all other horizontal surfaces as needed to maintain
clean appearance. 
 Edge vacuum all carpeted areas, as needed. 

COMMON AREA RESTROOMS 
 Clean and sanitize all
mirrors, brightwork, countertops and enameled surfaces. 
 Wash and disinfect all basins, urinals, bowls (cleaning underside of rim) and fixtures using
scouring powder to remove stains. 
 Wash both sides of all toilet seats with soap and/or disinfectant. 

Clean flushometers, piping, toilet seat hinges, and other metal. 

Empty, clean, and damp wipe all waste receptacles. 
 Sweep, wet
mop, and sanitize entire floor, including around toilet seats and under urinals. 
 Damp wipe all walls, partitions, doors, and outside surfaces of all
dispensers, as needed. 

  
 I-1 

 Fill toilet paper, soap, towels, and sanitary napkin dispensers (if applicable). 

Wash and disinfect all showers including shower walls, floors, brightwork and doors (if applicable). 

Replace trash liner. 
 Flush water through P-trap to ensure
elimination of odor. 
 Machine scrub floors. 
 COMMON
AREA LOBBY, ELEVATOR, CORRIDOR, INTERIOR STAIRWAYS (EXCLUDING EMERGENCY EXIT STAIRWAYS) AND ENTRANCE AREAS 
 Sweep and spot mop all stone, vinyl or
composition lobby floors. 
 Vacuum and spot clean all carpeted floor and mats. 

Dust and polish all brightwork, including mirrors and elevator call buttons. 

Dust and polish all metal surfaces in elevators, including tracks, and elevator doors. 

Vacuum and spot clean all carpet in elevators. 
 Clean and polish
all trash receptacles 
 Dust all fire extinguisher cabinets and/or units. 

Spot clean all doors. 
 All furniture should be cleaned as
necessary (including directories) 
 Wash, disinfect and dry polish water coolers (if applicable). 

Clean glass entrance doors, adjacent glass panels and tracks (i.e. relites) (if applicable). 

Spot sweep and/or spot vacuum all interior stairways (excluding emergency exit stairways) and landings (if applicable). 

Maintain lobby floor as recommended by manufacturer. 
 Wet mop all
stone, vinyl or composition lobby floors 
 Sweep and/or vacuum all interior stairways (excluding emergency exit stairways) and landings (if applicable).

 JANITORIAL ITEMS/AREAS RELATING TO BUILDING GENERALLY 

Keep janitorial rooms in a clean, neat and orderly condition. 

Maintain all janitorial carts and equipment in safe and clean condition. 

GENERAL BUILDING FITNESS CENTER (If applicable) 

Vacuum all exposed carpeted floors. 
 Spot clean all mirrors and
walls. 
 Spray and disinfect fitness center equipment nightly. 

Edge vacuum all carpeted areas, as needed. 
 Dust all ledges, as
needed 
 Clean mirrors completely. 
 Stock supplies and towels.

 GENERAL BUILDING LOCKER ROOMS (If applicable) 

Perform building restroom cleaning specifications to restroom and locker room areas. 

Clean and disinfect showers completely, including walls, doors, floors, and floor drains. 

  
 I-2 

 LOADING DOCK, VAN PARKING AREAS, GENERAL BUILDING TRASH AREAS 

Empty and reline all waste receptacles. 
 Sweep ramps, loading
bays and parking areas for trash and cigarette butts. 
 GENERAL BUILDING COMMON AREA SERVICES 

Spot clean and restock, as needed, all janitorial service closets. 

Vacuum all garage lobbies and elevator carpets 

  
 I-3 

 FIRST AMENDMENT 

THIS FIRST AMENDMENT (the “First Amendment”) is made and entered into as of April 10, 2015, by and between
MA-100 SUMMER STREET OWNER, L.L.C., a Delaware limited liability company (“Landlord”) and RAPID7, INC., a Delaware corporation (“Tenant”). 

RECITALS 
  

	A.	Landlord and Tenant are parties to that certain Office Lease Agreement dated November 11, 2013 (the “Original Lease”), which Original Lease has been previously amended by that certain commencement
letter dated May 7, 2014 (collectively, the “Existing Lease”). Pursuant to the Existing Lease, Landlord has leased to Tenant space currently containing approximately 46,569 square feet (the “Original
Premises”) comprised of (i) 37,873 rentable square feet on the 13th floor and (ii) 8,696 rentable square feet on the 14th floor of the building commonly known as 100 Summer Street located at 100 Summer Street, Boston,
Massachusetts 02110 (the “Building”). 

  

	B.	Tenant has requested that additional space containing approximately 21,026 rentable square feet on the 16th floor of the Building shown on Exhibit A
hereto (the “Expansion Space”) be added to the Original Premises on a temporary basis and that the Existing Lease be appropriately amended and Landlord is willing to do the same on the following terms and conditions. The
Existing Lease as amended by this First Amendment is herein referred to as the “Lease”. 

 NOW,
THEREFORE, in consideration of the above recitals which by this reference are incorporated herein, the mutual covenants and conditions contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, Landlord and Tenant hereby amend the Existing Lease and agree and represent as follows: 
  

	1.	Expansion and Effective Date. 

  

	 	1.01	 Effective as of the date that this First Amendment is fully executed by both parties and a fully executed copy of the First Amendment is delivered to
Tenant (the “Expansion Effective Date”), the Premises, as defined in the Lease, is temporarily increased from 46,569 rentable square feet on the 13th and 14th floors to 67,595 rentable square feet on the 13th, 14th and 16th floors by the addition of the Expansion Space, and during the Expansion Space Term (as defined below), the Original Premises and the Expansion Space, collectively, shall be deemed the Premises, as
defined in the Lease. The Term for the Expansion Space (“Expansion Space Term”) shall commence on the Expansion Effective Date and end on the date (the “Expansion Space Termination Date”) which is the earlier to
occur of (x) June 30, 2016 and (y) the date which is immediately preceding the Suite 1401 Expansion Space Delivery Date (as defined in Section 5.02(d) of Exhibit F of the Original Lease), unless sooner terminated pursuant to the terms
of the Lease; provided, however, that notwithstanding the occurrence of the Expansion Space Termination Date, in the event Tenant has properly exercised its Suite 1401 Expansion Option, Tenant shall have access to the Expansion Space for up to 5
Business Days thereafter for purposes of moving into the Suite 1401 Expansion Space, which such access shall be subject to all of the terms and conditions of this First Amendment except that Tenant shall not be obligated to pay Base Rent on account
of such access to the 

  
 1 

	 	
Expansion Space. The Expansion Space is subject to all the terms and conditions of the Existing Lease except as expressly modified in this First Amendment and except that Tenant shall not be
entitled to receive any allowances, abatements or other financial concessions granted with respect to the Original Premises unless such concessions are expressly provided for in this First Amendment with respect to the Expansion Space.

  

	 	1.02	The Expansion Effective Date shall be delayed to the extent that Landlord fails to deliver possession of the Expansion Space for any reason, including but not limited to, holding over by prior occupants. Any such delay
in the Expansion Effective Date shall not subject Landlord to any liability for any loss or damage resulting therefrom. 

  

	2.	Base Rent. 

  

	 	2.01	In addition to Tenant’s obligation to pay Base Rent for the Original Premises, Tenant shall pay Landlord Base Rent for the Expansion Space as follows: 

 

									
	 Months of Expansion Space Term
	  	Annual Rate Per
Square Foot	 	  	Monthly Base
Rent	 
	 Expansion Effective Date – Expansion Space Termination Date
	  	$	46.00	  	  	$	80,599.67	  

 Base Rent for any partial month, if any, shall be prorated. All such Base Rent shall be payable by Tenant in
accordance with the terms of the Lease. 
  

	 	2.02	Notwithstanding anything in this Section to the contrary, so long as Tenant is not in Default, Tenant shall be entitled to an abatement of Base Rent in the amount of (a) $80,599.67 per month for the period
commencing on the Expansion Effective Date and continuing through the date (the “Expansion Space Trigger Date”) which is the earlier to occur of (i) June 1, 2015, and (ii) the date Tenant takes occupancy of the
Expansion Space and commences to conduct Tenant’s usual and customary business therein, (b) $53,766.34 per month for the period beginning on the Expansion Space Trigger Date and ending on the last day of the 6th full calendar month
following the Expansion Space Trigger Date, and (c) $26,933.00 per month for the period commencing on the first day of the 7th full calendar month following the Expansion Space Trigger Date and ending on the Expansion Space Termination Date
(the “Base Rent Abatement Period”). The amount of Base Rent abated during the Base Rent Abatement Period shall herein be referred to as the “Abated Base Rent”. The balance of the monthly installments of Base Rent
payable for (i) the period commencing on the Expansion Space Trigger Date and ending on the last day of the 6th full calendar month following the Expansion Space Trigger Date (i.e., $26,833.33 per month) and (ii) the period commencing on
the first day of the 7th full calendar month following the Expansion Space Trigger Date and ending on the Expansion Space Termination Date (i.e., $53,666.67 per month) (each, a “Remaining Monthly Balance”) shall be payable in
accordance with the terms of the Lease. 

  

	3.	Security Deposit. No security deposit shall be required in connection with this First Amendment. 

  
 2 

	4.	Tenant’s Pro Rata Share. Tenant shall not be obligated to pay Tenant’s Pro Rata Share of Expenses and Taxes with respect to the Expansion Space, it being understood that such sum is included in
the Base Rent payable with respect to the Expansion Space; provided, however, the foregoing shall not affect Tenant’s obligation to pay Tenant’s Pro Rata Share of Expenses and Taxes with respect to the Original Premises as provided in the
Lease. 

  

	5.	Electricity Rate. From and after the Expansion Effective Date, Tenant shall pay for electricity consumed by Tenant in the Expansion Space in accordance with the terms of the Lease. The initial estimated
monthly charge for electricity for the Expansion Space shall be (a) $0.00 per month for the period commencing on the Expansion Effective Date and continuing through the day immediately preceding the Expansion Space Trigger Date,
(b) $816.67 per month for the period beginning on the Expansion Space Trigger Date and ending on the last day of the 6th full calendar month following the Expansion Space Trigger Date (i.e.,
$1.40 per rentable square foot per year based on 7,000 rentable square feet), and (c) $1,633.33 per month for the period commencing on the first day of the 7th full calendar month following
the Expansion Space Trigger Date and ending on the Expansion Space Termination Date (i.e., $1.40 per rentable square foot per year based on 14,000 rentable square feet). 

 

	6.	Improvements to Expansion Space. 

  

	 	6.01	Condition of Expansion Space. Tenant has inspected the Expansion Space and agrees to accept the same “as is” without any agreements, representations, understandings or obligations on the part of
Landlord to perform any alterations, repairs or improvements, except as may be expressly provided otherwise in this First Amendment. 

  

	 	6.02	Responsibility for Improvements to Expansion Space. Any construction, alterations or improvements to the Expansion Space shall be performed by Tenant at its sole cost and expense using contractors selected by
Tenant and approved by Landlord and shall be governed in all respects by the terms of the Lease. In any and all events, the Expansion Effective Date shall not be postponed or delayed if any initial improvements to the Expansion Space performed by or
for the benefit of Tenant (if any) are incomplete on the Expansion Effective Date for any reason whatsoever. Any delay in the completion of initial improvements to the Expansion Space shall not subject Landlord to any liability for any loss or
damage resulting therefrom. Landlord hereby approves the Columbia Construction Co. as general contractor for any initial improvements to the Expansion Space performed by Tenant (if any). 

 

	 	6.03	Landlord’s Common Area Corridor Work. Landlord shall renovate the common corridor located on the 16th floor of the Building (the “Common Area Corridor Work”) at Landlord’s sole cost and
expense. Without limiting the foregoing, and notwithstanding anything to the contrary, the Common Area Corridor Work shall include separating all Base Building systems serving the Expansion Space from those serving other spaces. Landlord and Tenant
acknowledge that Tenant will occupy the Expansion Space at the same time that Landlord is performing the Common Area Corridor Work. Tenant further acknowledges that the Common Area Corridor Work may result in the relocation of a demising wall, a
change in the square footage of the Expansion Space and 

  
 3 

	 	
other alterations to the Expansion Space, and that some commercially reasonable interference and impairment of Tenant’s rights of peaceful possession and occupancy is inevitable while
performance of the Common Area Corridor Work is pending. Tenant hereby consents to such alterations to the Expansion Space and such commercially reasonable interference and impairment of peaceful possession and occupancy resulting from performance
of the Common Area Corridor Work. Tenant further acknowledges and agrees that it shall not be entitled to any reduction or abatement of Rent due to any alterations to the Expansion Space or any commercially reasonable interference or impairment of
peaceful possession and occupancy which Tenant may suffer due to the performance of the Common Area Corridor Work. Furthermore, the presence of Landlord and its agents, employees or contractors in the Common Area and the Expansion Space for the
purpose of performing the Common Area Corridor Work shall not constitute an actual or constructive eviction, in whole or in part, or relieve Tenant of any of its obligations under the Lease, or impose any other liability upon Landlord or its agents,
employees or contractors. Landlord shall use reasonable efforts to complete the Common Area Corridor Work on or before July 15, 2015 (the “Common Area Corridor Work Target Completion Date”). If Landlord is delayed in the
performance of the Common Area Corridor Work as a result of the acts or omissions of Tenant or its contractors or vendors (each a “Tenant Delay”), the Common Area Corridor Work shall be deemed to be substantially complete on the
date that Landlord could reasonably have been expected to substantially complete the Common Area Corridor Work absent any Tenant Delay. In addition, the Common Area Corridor Work Target Completion Date shall be postponed by the number of days the
substantial completion of the Common Area Corridor Work is delayed due to events of force majeure. Except as specifically set forth in this First Amendment Landlord’s failure to substantially complete the Common Area Corridor Work by the Common
Area Corridor Work Target Completion Date shall not be a default by Landlord or otherwise render Landlord liable for damages. Notwithstanding the foregoing, if the Common Area Corridor Work is not substantially complete by the date which is 15 days
after the Common Area Corridor Work Target Completion Date (the “Outside Completion Date”), Tenant shall be entitled to a rent abatement following the Base Rent Abatement Period of $2,649.85 for every day in the period beginning on
the Outside Completion Date and ending on the date the Common Area Corridor Work is substantially complete. Landlord and Tenant acknowledge and agree that: (i) the determination of the date the Common Area Corridor Work is substantially
complete shall take into consideration the effect of any Tenant Delays; and (ii) the Outside Completion Date shall be postponed by the number of days the date the Common Area Corridor Work is substantially complete is delayed due to events of
force majeure. 

  

	7.	Early Access to Expansion Space. If Tenant is permitted to take possession of the Expansion Space before the Expansion Effective Date, such possession shall be subject to the terms and conditions of the
Existing Lease and this First Amendment and Tenant shall pay Base Rent and Additional Rent applicable to the Expansion Space to Landlord for each day of possession prior to the Expansion Effective Date. However, except for the cost of services
requested by Tenant (e.g. freight elevator usage), Tenant shall not be required to pay Rent for the Expansion Space for any days of possession before the Expansion Effective Date during which Tenant, with the approval of Landlord, is in possession
of the Expansion Space for the sole purpose of performing improvements or installing furniture, equipment or other personal property. 

  
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	8.	Relocation. At Landlord’s expense at any one time during the Expansion Space Term (but not prior to Tenant’s occupancy of the initial Expansion Space as set forth on Exhibit A hereto) , as
the same may be extended by written agreement between the parties, Landlord shall be entitled to cause Tenant to relocate from the Expansion Space to space containing approximately the same rentable area as the Expansion Space (the
“Expansion Relocation Space”) within the Building at any time upon 60 days’ prior written notice to Tenant (“Expansion Relocation Notice”). Such a relocation shall not affect the Lease except that from and
after the date of such relocation, “Expansion Space” shall refer to the Expansion Relocation Space into which Tenant has been moved, rather than the original Expansion Space as herein defined, and the total monthly Base Rent for the
Expansion Relocation Space shall in no event exceed the total monthly Base Rent for the original Expansion Space prior to the relocation (as reduced by the Abated Base Rent as provided in Section 2.02 above). The Expansion Relocation Space
shall be one contiguous space and shall include a kitchen, and Landlord shall, at Landlord’s sole cost and expense, (i) re-paint of the painted walls within the Expansion Relocation Space (with the necessary amount of coats thereof) with
substantially the same color as the existing walls within the Expansion Space, subject to color availability, and (ii) re-carpet the carpeted areas within Expansion Relocation Space with substantially the same carpet as the existing carpeted
areas within the Expansion Space, subject to the carpet availability. Landlord shall pay Tenant’s reasonable costs of relocation, including all costs for moving Tenant’s furniture, equipment, supplies and other personal property. Landlord
shall also reimburse Tenant for the reasonable cost to install and connect telecommunication and data cabling in the Expansion Relocation Space in the manner and to the extent such cabling existed in the Expansion Space prior to the relocation
(which such costs shall include any such cabling costs associated with connecting the Expansion Relocation Space to the Original Premises). Notwithstanding anything to the contrary, Landlord shall not have the right to cause Tenant to relocate from
the Expansion Relocation Space. 

  

	9.	No Extension or Expansion Options. The parties hereto acknowledge and agree that any option or other rights contained in the Lease which entitle Tenant to extend the term of the Lease or expand the
Premises shall apply only to the Original Premises and shall not be applicable to the Expansion Space in any manner. 

  

	10.	Holdover. If Tenant should holdover in the Expansion Space after expiration or earlier termination of the Expansion Space Term, any remedies available to Landlord as a consequence of such holdover
contained in Section 22 of the Original Lease or otherwise shall be applicable, but only with respect to the Expansion Space and shall not be deemed applicable to the Original Premises unless and until Tenant holds over in the Original Premises
after expiration or earlier termination of the Term. 

  

	11.	Other Pertinent Provisions. Landlord and Tenant agree that, effective as of the date of this First Amendment (unless different effective date(s) is/are specifically referenced in this Section), the
Existing Lease shall be amended in the following additional respects: 

  

	 	11.01	Landlord Notice Addresses. Effective as of the date of this First Amendment, Section 1.12 (Notice Addresses) of the Original Lease is hereby amended to reflect that notices to Landlord shall be addressed as
follows: 

  
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			Landlord:		With a copy to:
			
			 MA-100 Summer Street Owner, L.L.C.
 c/o Equity
Office
 100 Summer Street, 9th Floor
 Boston, Massachusetts
02110
 Attention: Property Manager
		 Equity Office
 Two North Riverside Plaza

Suite 2100
 Chicago, Illinois 60606

Attn: Managing Counsel – Boston Region

  

	 	11.02	Parking. Effective as of the Expansion Effective Date, Section 1 (Parking) of Exhibit F of the Original Lease shall be amended to reflect that 2 additional unreserved parking spaces shall be leased to Tenant
with respect to the Expansion Space, for parking by Tenant and its employees, for the then current rate for parking per unreserved parking space, per month, plus applicable tax thereon, as such rates may be adjusted from time-to-time to reflect the
current rate for parking in the Garage (as defined in Section 1.01 of Exhibit F of the Original Lease) during the Expansion Space Term. The availability of such parking spaces, and the terms under which Tenant is entitled to use such parking
spaces shall be subject to the terms of Section 1 of Exhibit F of the Original Lease. 

  

	12.	Initial Expansion Space Suite Signage and Building Directory. Notwithstanding anything to the contrary contained in Section 3 and Section 4 of Exhibit E (Building Rules and Regulations) of
the Original Lease, Landlord, at Landlord’s cost and expense, shall install, for the Tenant as initially named herein, using the standard graphics for the Building, initial Building standard tenant identification and suite numbers at the
entrance to the Expansion Space and on the Building directory in the main Building lobby. Thereafter, any additional tenant identification shall be (i) subject to Landlord’s prior review and approval thereof, and (ii) installed by
Landlord, at Tenant’s cost and expense, using the standard graphics for the Building. 

  

	13.	Miscellaneous. 

  

	 	13.01	This First Amendment and the attached exhibit, which is hereby incorporated into and made a part of this First Amendment, set forth the entire agreement between the parties with respect to the matters set forth herein.
This First Amendment shall be binding upon and shall inure to the benefit of Landlord and Tenant and their respective legal representatives, successors and assigns. There have been no additional oral or written representations or agreements. Under
no circumstances shall Tenant be entitled to any Rent abatement, improvement allowance, leasehold improvements, or other work to the Premises, or any similar economic incentives that may have been provided to Tenant in connection with entering into
the Existing Lease, unless specifically set forth in this First Amendment. Tenant agrees that neither Tenant nor its agents or any other parties acting on behalf of Tenant shall disclose any matters set forth in this First Amendment or disseminate
or distribute any information concerning the terms, details or conditions hereof to any person, firm or entity without obtaining the express written consent of Landlord. 

 

	 	13.02	Except as herein modified or amended, the provisions, conditions and terms of the Existing Lease shall remain unchanged and in full force and effect. 

  
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	 	13.03	In the case of any inconsistency between the provisions of the Existing Lease and this First Amendment, the provisions of this First Amendment shall govern and control. 

 

	 	13.04	Submission of this First Amendment by Landlord is not an offer to enter into this First Amendment but rather is a solicitation for such an offer by Tenant. Landlord shall not be bound by this First Amendment until
Landlord has executed and delivered the same to Tenant. Tenant agrees that its execution of this First Amendment constitutes a firm offer to enter the same, which may not be withdrawn for a period of 30 days after delivery to Landlord (or such other
period as may be expressly provided in any other agreement signed by the parties). 

  

	 	13.05	The capitalized terms used in this First Amendment shall have the same definitions as set forth in the Existing Lease to the extent that such capitalized terms are defined therein and not redefined in this First
Amendment. 

  

	 	13.06	Tenant hereby represents to Landlord that Tenant has dealt with no broker, agent or finder other than McCall & Almy (“Tenant’s Broker”) in connection with this First Amendment. Tenant
agrees to indemnify and hold Landlord, its trustees, members, managers, principals, beneficiaries, partners, officers, directors, employees, mortgagee(s) and agents, and the respective principals and members of any such agents harmless from all
claims of any brokers, agents or finders claiming to have represented Tenant in connection with this First Amendment. Landlord hereby represents to Tenant that Landlord has dealt with no broker, agent or finder other than Cushman &
Wakefield of Massachusetts, Inc. (“Landlord’s Broker”) in connection with this First Amendment. Landlord agrees to indemnify and hold Tenant, its trustees, members, managers, principals, beneficiaries, partners, officers,
directors, employees, and agents, and the respective principals and members of any such agents harmless from all claims of any brokers, agents or finders claiming to have represented Landlord in connection with this First Amendment. Landlord agrees
to pay a brokerage commission to Tenant’s Broker and Landlord’s Broker in accordance with the terms of separate commission agreements entered into or to be entered into between Landlord and Tenant’s Broker and Landlord and
Landlord’s Broker, respectively, provided that in no event shall Landlord be obligated to pay a commission to Tenant’s Broker or Landlord’s Broker in connection with any extension of the Term or in connection with any additional space
that is leased by Tenant pursuant to the terms of the Lease except as may be specifically provided otherwise in such agreement or future agreement between Landlord and Tenant’s Broker and Landlord and Landlord’s Broker, respectively.

  

	 	13.07	Each signatory of this First Amendment represents hereby that he or she has the authority to execute and deliver the same on behalf of the party hereto for which such signatory is acting. 

 

	 	13.08	 This First Amendment may be executed in counterparts and shall constitute an agreement binding on all parties notwithstanding that all parties are not
signatories to the original or the same counterpart provided that all parties are furnished a copy or copies thereof reflecting the signature of all parties. Transmission of a facsimile or by email of a pdf copy of the signed counterpart of this
First Amendment shall be deemed the equivalent of the delivery of the original, and any 

  
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party so delivering a facsimile or pdf copy of the signed counterpart of this First Amendment by email transmission shall in all events deliver to the other party an original signature promptly
upon request. 

  

	 	13.09	NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED IN THIS FIRST AMENDMENT OR THE EXISTING LEASE, THE LIABILITY OF LANDLORD (AND OF ANY SUCCESSOR LANDLORD) SHALL BE LIMITED TO THE INTEREST OF LANDLORD IN THE PROPERTY.
TENANT SHALL LOOK SOLELY TO LANDLORD’S INTEREST IN THE PROPERTY FOR THE RECOVERY OF ANY JUDGMENT OR AWARD AGAINST LANDLORD OR ANY LANDLORD RELATED PARTY. NEITHER LANDLORD NOR ANY LANDLORD RELATED PARTY SHALL BE PERSONALLY LIABLE FOR ANY
JUDGMENT OR DEFICIENCY, AND IN NO EVENT SHALL LANDLORD OR ANY LANDLORD RELATED PARTY BE LIABLE TO TENANT FOR ANY LOST PROFIT, DAMAGE TO OR LOSS OF BUSINESS OR ANY FORM OF SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGE. BEFORE FILING SUIT FOR AN ALLEGED
DEFAULT BY LANDLORD, TENANT SHALL GIVE LANDLORD AND THE MORTGAGEE(S) WHOM TENANT HAS BEEN NOTIFIED HOLD MORTGAGES, NOTICE AND REASONABLE TIME TO CURE THE ALLEGED DEFAULT. WITHOUT LIMITING THE FOREGOING, IN NO EVENT SHALL LANDLORD OR ANY MORTGAGEES
OR LANDLORD RELATED PARTIES EVER BE LIABLE FOR ANY CONSEQUENTIAL OR INCIDENTAL DAMAGES OR ANY LOST PROFITS OF TENANT. 

[SIGNATURES ARE ON FOLLOWING PAGE] 

  
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 IN WITNESS WHEREOF, Landlord and Tenant have duly executed this First Amendment under seal
in two or more counterparts as of the day and year first above written. 
  

					
	LANDLORD:
	
	MA-100 SUMMER STREET OWNER, L.L.C., a Delaware limited liability company
		
	By:		MA-100 Summer Street, L.L.C., a Delaware limited liability company, its sole member
			
			By:		 /s/ John Conley

			
			Name:		 John Conley

			
			Title:		 Vice President, Asset Management

	
	TENANT:
	
	RAPID7, INC., a Delaware corporation
		
	By:		 /s/ Steven Gatoff

		
	Name:		 Steven Gatoff

		
	Title:		 Chief Financial Officer

  
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 EXHIBIT A 

OUTLINE AND LOCATION OF EXPANSION SPACE 
  

 

  
 10

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