Document:

EX-10.15

 Exhibit 10.15 

English Summary of Dutch language lease agreement dated 30 October 2012, between Trifork B.V. and Mr. B. Smeets (the “Lessor”) and
Elasticsearch B.V. (the “Tenant”). 
  

	a.	 Lessor 

  

	 	I.	 TRIFORK B.V., a private company with limited liability, registered under the laws of The Netherlands,
having its registered office in Amsterdam (address: Rijnsburgstraat 9-11, 1059 AT AMSTERDAM), registered in the Dutch Trade Register under number 34174108; and 

 

	 	II.	 Mr. B. Smeets; and/or 

 

	 	III.	 Mr. P. Meijer. 

 

	b.	 Description of leased premises 

Business premises, consisting of ca. 128.5 square meters office space located at the third floor of the office building “De Schinkel”
located in Amsterdam (address: Rijnsburgstraat 9-11, 1059 AT AMSTERDAM). 
  

	c.	 Duration and effectiveness of the lease 

The lease agreement has been entered into for an initial period of 26 months, commencing on 1 November 2012 and therefore expiring on
31 December 2014. 
 The lease agreement will terminate automatically (by operation of law) per 30 June 2019. 

 

	d.	 Designated use 

The designated use of the leased premises is: Office space. 
  

	e.	 Rent 

The initial annual rent for the leased premises was EUR 23,731.38 (excl. service costs and ancillary service costs (such as lunch and coffee,
internet connection, cleaning and parking). 
 The rent should be paid monthly in advance. 

The initial monthly rent due was: 
  

					
	-	  	Lease office space:	  	EUR 1,977.62
	-	  	Service costs:	  	EUR 475.45

 In addition to the rent and service costs due, Tenant is due the following advanced monthly costs for the use
of the following ancillary services provided by or on behalf of Lessor (advanced monthly costs per month per person based on a maximum of 15 persons): 
  

					
	-	  	Lunch/coffee/tea:	  	EUR 53.00
	-	  	Internet connection:	  	EUR 23.00 (based on “fair use”);
	-	  	Cleaning:	  	EUR 18.00
	-	  	Parking:	  	EUR 125.00

	f.	 Rent adjustment 

Annual upwards indexation per 1 January, based on the most recent Consumer Price Index. 

 

	g.	 Security 

Tenant is obliged to issue a deposit of EUR 1,977.62 (equal to the initial rent amount). 

 

	h.	 Sublease 

Sublease and/or giving in use of the leased premises (wholly or partly) to a third party is not permitted without prior written approval of
Lessor. Moreover, without prior written approval of Lessor, Tenant is not allowed to transfer its rights under the lease agreement into a general partnership or (professional) partnership. 

 

	i.	 Repairs 

Tenant is obliged to keep and maintain the leased premises in a good state of maintenance during the term of the lease agreement. Tenant is
responsible for the proper use of heating and air-conditioning installations and Tenant will cooperate with the annual services of the central heating system (if any). 

Tenant must repair all damages caused to the leased premises (including the complex of which the leased premises form a part, as well as
windows) due to fault of negligence of the Tenant. 
 Furthermore, Tenant is responsible for repairing hinges and locks (building hardware),
partitioning walls, ceiling (cover) and carpets. 
 Lessor is responsible for damages caused by storm. 

 

	j.	 Alterations 

Alterations to the leased premises are not allowed without prior written approval of Lessor. Any alterations made to the leased premises must
be left behind in the leased premises without Lessor being due any compensation at the end of the lease, unless Lessor has informed Tenant while giving permission to carry out the alterations that these alterations must be made undone at the end of
the lease. 
  

	k.	 Insurance 

In case, pursuant to the use of the leased premises by Tenant, Lessor will be due a higher premium for the fire insurance (being a percentage
of more than 2 per mille), Tenant will compensate Lessor for the surplus due by the Lessor. 

 The lease agreement does not contain an obligation for Tenant to take out insurance. Please
note however, that companies/tenants generally take out a comprehensive contents insurance with regard to the leased premises. 
  

	l.	 Liability and remedies 

Lessor is not liable for visible and non-visible defects to the leased premises. Tenant has indemnified
Lessor for all damages of third parties with respect to possible defects of the leased premises. 
  

	m.	 Early termination 

Based on Dutch law, an out of court termination due to a breach of contract by the Tenant is not possible. Therefore, the provisions in the
lease agreement stating the opposite are null and void. 
  

	n.	 Miscellaneous 

Reinstatement: 
 at the end
of the lease, Tenant must reinstate the leased premises clean and in a good condition. 
 General conditions: 

n/a.EX-10.16

 Exhibit 10.16 

English Summary of Amendment I (dated 2 September 2014) between Trifork B.V. and Mr. B. Smeets (the “Lessor”) and Elasticsearch B.V. (the
“Tenant”), amending the lease agreement dated 30 October 2012 (“Original Lease”). 
  

	a.	 Expansion of the leased premises 

In addition to the Original Lease, in amendment I parties agreed to increase the leased premises with ca. 109 square meters office space
located at the third floor of the office building “De Schinkel” located in Amsterdam (address: Rijnsburgstraat 9-11, 1059 AT AMSTERDAM). 

 

	b.	 Adjustment duration lease 

In addition to the Original Lease, parties agreed that the expiry date will be equal to the expiry date of the main lease agreement between
Lessor and the landlord, therefore being 30 June 2019, provided neither Lessor nor Tenant issues a notice of (early) termination, taking into account a notice period of 6 months. 

The lease agreement will terminate automatically (by operation of law) per 30 June 2019. 

 

	c.	 Adjustment rent 

Annual rent is increased with EUR 192.96/square meters/year per 1 August 2014. 

According to Amendment I to the Original Lease, the monthly rent due per 1 August 2014 is: 

 

					
	-	  	 Lease office space:
	  	 EUR 3.820.11

	-	  	 Service costs:
	  	 EUR 891.67

  

	d.	 Right of first refusal 

Tenant is granted a right of first refusal to lease ca. 49 square meters of adjacent office space located on the west wing on the third floor.

 All other clauses and provisions of the Original Lease remain unchanged.EX-10.17

 Exhibit 10.17 

English Summary of Amendment II (dated 1 June 2016) between Trifork B.V. and Mr. P. Meijer (the “Lessor”) and Elasticsearch B.V. (the
“Tenant”), amending the lease agreement dated 30 October 2012 (“Original Lease”) and Amendment I to the Original Lease dated 2 September 2014 (“Amendment I”). 

 

	a.	 Expansion of leased premises 

In addition to the Original Lease and Amendment I, in Amendment II parties agreed to increase the leased premises with ca. 93.5 square meters
office space located at the third floor of the office building “De Schinkel” located in Amsterdam (address: Rijnsburgstraat 9-11, 1059 AT AMSTERDAM). 

 

	b.	 Adjustment duration lease 

Pursuant to Amendment I, parties agreed/confirmed that the expiry date will be equal to the expiry date of the main lease agreement between
Lessor and the landlord, therefore being 30 June 2019, provided neither Lessor nor Tenant issues a notice of (early) termination, taking into account a notice period of 6 months. 

The lease agreement will terminate automatically (by operation of law) per 30 June 2019. 

 

	c.	 Adjustment rent 

Annual rent is increased with EUR 193.70/square meters/year per 16 June 2016. 

The monthly rent due per 16 June 2016 is: 
  

					
	-	  	 Lease office space:
	  	 EUR 5,342.71

	-	  	 Service costs:
	  	 EUR 1,247.43

 All other clauses and provisions of the Original Lease remain unchanged.EX-10.18

 Exhibit 10.18 

English summary of Dutch lease agreement with commencement date 1 September 2018, between Bryant Park Maxima II B.V. (the “Lessor”) and
Elasticsearch B.V. (the “Tenant”). 
  

	a.	 Lessor 

Bryant Park Maxima II B.V., a private company with limited liability, registered under the laws of The Netherlands, having its registered
office in Amsterdam (address: Strawinskylaan 1209, Tower A, 12th floor, 1077 XX in AMSTERDAM), registered in the Dutch Trade Register under number 65119983 

 

	b.	 Description of leased premises 

Business premises situated in the office building “5 Keizers” located in Amsterdam (address: Keizersgracht 271-287 in AMSTERDAM) consisting of: 
  

	 	•	 	 ca. 1,508.02 square meters office space (l.f.a.) situated at the second floor; 

 

	 	•	 	 ca. 83.55 square meters bicycle shed and storage/container space; 

 

	 	•	 	 1 designated parking place (14/7). 

 

	c.	 Duration and effectiveness of the lease 

The lease agreement has been entered into for an initial period of 5 years, commencing on 1 September 2018 and therefore expiring on
31 August 2023, subject to a notice of termination to be issued by Tenant. 
 After expiry of the current expiry date
(31 August 2023), and provided no notice of termination has been issued by Tenant, the lease will be continued for a subsequent (option) period of 5 years and therefore up and until 31 August 2028. 

Subsequently, the lease will be continued with consecutive lease periods of 5 years each, provided neither Lessor, nor Tenant submits a notice
of termination. Lessor will be able to terminate the lease agreement for the first time per 31 August 2028, taking into account the notice period. 

The notice period is at least 12 month prior to the end of a lease term. Notice of termination must be issued either by registered letter of by
bailiffs writ. 
  

	d.	 Designated use 

The designated use of the leased premises is: office space, bicycle shed, container space and parking. 

	e.	 Rent 

The initial annual rent is EUR 600,435.10 (excl. VAT), to be paid quarterly in advance, calculated as follows: 

 

			
	 •   Office space:
	  	EUR 380/square meter/year (excl. VAT);
	 •   Bicycle shed/ container space:
	  	EUR 250/square meter/year (excl. VAT);
	 •   Parking space:
	  	EUR 6,500/parking space/year (excl. VAT).

 In addition to the rent, Tenant is also due an advanced payment amount for ancillary services provided by or on
behalf of Lessor. 
 The quarterly rent amount due per 1 September 2018 is: 

 

					
	 •   Rent
	  	EUR	 150,108.80	 
	 •   Service costs
	  	EUR	 24,072.50	 
	 •   VAT
	  	EUR	31,522,84	 
		  	  
	  
	 
	 Total amount
	  	EUR	 205,704.10	 

  

	f.	 Rent adjustment 

Annual upwards indexation per 1 September, for the first time per 1 September 2019, based on the Consumer Price Index (CPI all
households: 2015=100) 
  

	g.	 Security 

Tenant is obliged to issue the following securities: 
  

	 	•	 	 Bank guarantee I: 

Bank guarantee to be issued by Tenant for an amount of EUR 206,269.88. Bank guarantee must remain valid during the whole term of the lease,
including possible extensions up and until 6 months after expiry of the lease agreement and reinstatement of the leased premises to Lessor; 
  

	 	•	 	 Parent guarantee:  

Parent guarantee to be issued by Elastic B.V. (the “Parent”) for an amount of EUR 412,539.76, which parent guarantee must include
– amongst others – a provision (i) that Parent will compensate as own obligation vis-à-vis Lessor under the lease agreement, all damages Lessor
(and its successors in title) suffers in case of early termination of the lease agreement due to bankruptcy of Tenant, and (ii) that Parent will not be entitled to any right of recourse or a contra-guarantee vis-à-vis Tenant for the security issued by Parent under this parent guarantee. The parent guarantee must remain valid during the whole term of the lease, including possible extensions up and until 6
months after expiry of the lease agreement and 

 
reinstatement of the leased premises to Lessor. The parent guarantee will cease to be effective in case (i) of an IPO listing of Tenant in the European Union or the United States, or
(ii) in case during two consecutive calendar years, Tenant makes a profit of at least EUR 3,000,000 and Tenant provides Lessor with sufficient evidence substantiating this (financial audit approved by a registered accountant); 

 

	 	•	 	 Bank guarantee II  

Bank guarantee of EUR 412,539.76, to be issued by Parent backing up the parent guarantee issued by Parent. Bank guarantee II must remain valid
during the whole term of the lease, including possible extensions up and until 6 months after expiry of the lease agreement and reinstatement of the leased premises to Lessor. Bank guarantee II will become ineffective, in case during the term of the
lease, Lessor (or its successors) informs the relevant bank that there are no longer any (outstanding) claims against Parent pursuant to the lease agreement. 

In addition to and/or in deviation of the provisions in the lease agreement, by letter dated 11 July 2018, parties agreed that Tenant will
pay a deposit of EUR 412,539.76 to Lessor instead of issuing Bank guarantee II. 
  

	h.	 Sublease 

Sublease (and/or giving in use) of the leased premises to affiliated parties of Tenant is permitted without prior written approval of Lessor.
Sublease (and/or giving in use) of the leased premises to third parties is not permitted without prior written approval of Lessor. 
  

	i.	 Maintenance and Repairs 

Pursuant to the applicable general conditions, Tenant is responsible for
day-to-day maintenance and repairs of the leased premises and Lessor is responsible for structural maintenance and repairs. 

 

	j.	 Alterations 

Tenant is entitled to carry out alterations to the layout of the leased premises after prior written approval of Lessor. Lessor will not
unreasonably withhold or delay its consent. Structural alterations to the leased premises are not permitted without prior written approval of Lessor. 
  

	k.	 Insurance 

The lease agreement does not contain any specific obligations for Tenant to take out an insurance. Please note however, that companies/tenants
generally take out a comprehensive contents insurance with regard to the leased premises. 

 Pursuant to the general conditions, in case Lessor will be due a higher premium for the fire
insurance due to the use of the leased premises by Tenant, Tenant must compensate Lessor for the surplus due by the Lessor. 
  

	l.	 Liability and remedies 

Based on the applicable general conditions, Tenant is liable for all damages to the leased premises unless Tenant proves that the damages
occurred are not attributable to Tenant (or persons for whom Tenant is responsible). Lessor is not liable for damages resulting from a defect and Tenant is not entitled to claim any rent reduction and /or setting of in case of a defect. 

 

	m.	 Early termination 

Based on Dutch law, an out of court termination due to a breach of contract by a tenant is not possible. 

Pursuant to the lease agreement, in case of early termination of the lease agreement, Tenant is bound to compensate Lessor for all costs,
damages and interest resulting from an early termination (including but not limited to the rent due for the remaining lease period, such amount to be increased with VAT). 

The lease agreement does not contain any break options. 
  

	n.	 Miscellaneous 

Reinstatement: 
 At the end
of the lease, Tenant must reinstate the leased premises in accordance with the condition set out in the delivery report drafted and signed by parties at the beginning of the lease. Any damages, not being the result of normal wear and tear, must be
remedied professionally. 
 General conditions: 

The lease agreement is based on a so called standard ROZ template, drafted by the ROZ (being the Dutch Council of Real Estate Matters). This
template including its applicable general conditions is commonly used in the Netherlands and generally considered to be lessor friendly. 

Right of first refusal: 

Tenant has a one-time only right of first refusal to lease additional office space that is or will
become available adjacent to the leased premises on the second floor, including pro rata parking space. 

 Obligation to use 

In deviation of the applicable general conditions, Tenant (or its sub tenant) is not obliged to actually use the leased premises itself
during the term of the lease, nor to sufficiently furnish the leased premises with inventory, provided that Tenant will prevent potential negative effects (e.g. squatters). Tenant indemnifies Lessor for any negative consequences resulting from
(partial) vacancy and/or non-operating the leased premises. 
 Rent free period 

Tenant is granted a rent free period of 4 (four) months, during the period September – December 2018. During the rent free period, Tenant
is due the service costs and costs for managing the reception (amount to be increased with VAT). 
 Asbestos 

Pursuant to the lease agreement, Lessor has declared not to be aware of asbestos in the leased premises, other than the presence of asbestos
described in the Asbestos managing plan, which is annexed to the lease agreement. 
 Energy Performance Certificate (“EPC”)

 EPC is available and annexed to the lease agreement. 

Change of control 

Pursuant to the applicable general conditions, each party is obliged to inform the other party timely in advance and in writing in case of an
envisaged relevant change in organization, including the company structure, to enable the other party to take any necessary (legal) measures (such as, but not limited to objecting to an envisaged merger or division).

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