Document:

EX-10.37

 Exhibit 10.37 

Confidential treatment has been requested for portions of this exhibit. The copy filed herewith 

omits the information subject to the confidentiality request. Omissions are designated as 

*****. A complete version of this exhibit has been filed separately with the SEC. 

OFFICE LEASE AGREEMENT 
 BETWEEN

 FLATIRON BOULDER OFFICE, INC. 

a Texas corporation 
 AS LANDLORD

 AND 
 WALL STREET ON DEMAND,
INC., 
 a Delaware corporation 

AS TENANT 
 DATED 

January 8th, 2007 

 CONFIDENTIAL TREATMENT REQUESTED by Markit Ltd. 

TABLE OF CONTENTS 
  

					
	 1. Definitions and Basic Provisions
	  	 	1	  
	 2. Lease Grant
	  	 	1	  
	 3. Tender of Possession
	  	 	1	  
	 4. Rent
	  	 	2	  
	 5. Delinquent Payment; Handling Charges
	  	 	2	  
	 6. Security Deposit
	  	 	3	  
	 7. Services; Utilities; Common Areas
	  	 	3	  
	 (a) Services
	  	 	3	  
	 (b) Excess Utility Use
	  	 	4	  
	 (c) Common Areas
	  	 	4	  
	 8. Alterations; Repairs; Maintenance; Signs
	  	 	5	  
	 (a) Alterations
	  	 	5	  
	 (b) Repairs; Maintenance
	  	 	6	  
	 (i) By Landlord
	  	 	6	  
	 (ii) By Tenant
	  	 	7	  
	 (iii) Performance of Work
	  	 	8	  
	 (c) Mechanic’s Liens
	  	 	8	  
	 (d) Signs
	  	 	9	  
	 9. Use
	  	 	10	  
	 10. Assignment and Subletting
	  	 	11	  
	 (a) Transfers
	  	 	11	  
	 (b) Consent Standards
	  	 	11	  
	 (c) Request for Consent
	  	 	11	  
	 (d) Conditions to Consent
	  	 	11	  
	 (e) Attornment by Subtenants
	  	 	12	  
	 (f) Cancellation
	  	 	12	  
	 (g) Additional Compensation
	  	 	12	  
	 11. Insurance; Waivers; Subrogation; Indemnity
	  	 	13	  
	 (a) Tenant’s Insurance
	  	 	13	  
	 (b) Landlord’s Insurance
	  	 	14	  
	 (c) No Subrogation
	  	 	14	  
	 (d) Indemnity
	  	 	14	  
	 12. Subordination; Attornment; Notice to Landlord’s Mortgagee
	  	 	15	  
	 (a) Subordination
	  	 	15	  
	 (b) Attornment
	  	 	15	  
	 (c) Notice to Landlord’s Mortgagee
	  	 	15	  
	 (d) Landlord’s Mortgagee’s Protection Provisions
	  	 	16	  
	 13. Rules and Regulations
	  	 	16	  
	 14. Condemnation
	  	 	16	  
	 (a) Total Taking
	  	 	16	  
	 (b) Partial Taking - Tenant’s Rights
	  	 	16	  
	 (c) Partial Taking - Landlord’s Rights
	  	 	17	  
	 (d) Award
	  	 	17	  

  

  
 i 

*** Information has been omitted and filed separately with the Securities and Exchange Commission. Confidential Treatment has 

been requested with respect to the omitted portions. 

 CONFIDENTIAL TREATMENT REQUESTED by Markit Ltd. 

 

					
	 15. Fire or Other Casualty
	  	 	17	  
	 (a) Repair Estimate
	  	 	17	  
	 (b) Tenant’s Rights
	  	 	17	  
	 (c) Landlord’s Rights
	  	 	17	  
	 (d) Repair Obligation
	  	 	17	  
	 (e) Abatement of Rent
	  	 	18	  
	 16. Personal Property Taxes
	  	 	18	  
	 17. Events of Default
	  	 	18	  
	 (a) Payment Default
	  	 	18	  
	 (b) Abandonment
	  	 	18	  
	 (c) Estoppel/Financial Statement/Commencement Date Letter
	  	 	18	  
	 (d) Insurance
	  	 	18	  
	 (e) Mechanic’s Liens
	  	 	18	  
	 (f) Other Defaults
	  	 	19	  
	 (g) Insolvency
	  	 	19	  
	 18. Remedies
	  	 	19	  
	 (a) Termination of Lease
	  	 	19	  
	 (b) Termination of Possession
	  	 	19	  
	 (c) Perform Acts on Behalf of Tenant
	  	 	20	  
	 (d) Alteration of Locks
	  	 	20	  
	 19. Payment by Tenant; Non-Waiver; Cumulative Remedies
	  	 	20	  
	 (a) Payment by Tenant
	  	 	20	  
	 (b) No Waiver
	  	 	20	  
	 (c) Cumulative Remedies
	  	 	21	  
	 20. Landlord’s Lien
	  	 	21	  
	 21. Surrender of Premises
	  	 	21	  
	 22. Holding Over
	  	 	22	  
	 23. Certain Rights Reserved by Landlord
	  	 	22	  
	 (a) Building Operations
	  	 	22	  
	 (b) Security
	  	 	22	  
	 (c) Repairs and Maintenance
	  	 	23	  
	 (d) Prospective Purchasers and Lenders
	  	 	23	  
	 (e) Prospective Tenants
	  	 	23	  
	 24. Substitution Space
	  	 	23	  
	 25. Hazardous Materials
	  	 	23	  
	 26. Miscellaneous
	  	 	25	  
	 (a) Landlord Transfer
	  	 	25	  
	 (b) Landlord’s Liability
	  	 	25	  
	 (c) Force Majeure
	  	 	25	  
	 (d) Brokerage
	  	 	25	  
	 (e) Estoppel Certificates
	  	 	26	  
	 (f) Notices
	  	 	26	  
	 (g) Separability
	  	 	26	  
	 (h) Amendments; Binding Effect
	  	 	26	  
	 (i) Quiet Enjoyment
	  	 	26	  
	 (j) No Merger
	  	 	26	  
	 (k) No Offer
	  	 	27	  

  
 ii 

*** Information has been omitted and filed separately with the Securities and Exchange Commission. Confidential Treatment has 

been requested with respect to the omitted portions. 

 CONFIDENTIAL TREATMENT REQUESTED by Markit Ltd. 

 

					
	 (I) Entire Agreement
	  	 	27	  
	 (m) Waiver of Jury Trial
	  	 	27	  
	 (n) Governing Law
	  	 	27	  
	 (o) Recording
	  	 	27	  
	 (p) Joint and Several Liability
	  	 	27	  
	 (q) Financial Reports
	  	 	27	  
	 (r) Landlord’s Fees
	  	 	28	  
	 (s) Telecommunications
	  	 	28	  
	 (t) Confidentiality
	  	 	28	  
	 (u) Authority
	  	 	28	  
	 (v) List of Exhibits
	  	 	29	  
	 27. Other Provisions
	  	 	29	  

  
 iii 

*** Information has been omitted and filed separately with the Securities and Exchange Commission. Confidential Treatment has 

been requested with respect to the omitted portions. 

 CONFIDENTIAL TREATMENT REQUESTED by Markit Ltd. 

 

 BASIC LEASE INFORMATION 

This Basic Lease Information is attached to and incorporated by reference to an Office Lease Agreement between Landlord and Tenant, as defined
below. 
  

			
	Lease Date:	  	January 8th, 2007
		
	Landlord:	  	Flatiron Boulder Office, Inc., a Texas corporation
		
	Tenant:	  	Wall Street On Demand, Inc., a Delaware corporation
		
	Premises:	  	Suite No. 100, containing approximately 15,876 rentable square feet, in the building commonly known as Flatiron Boulder Office (the “Building”), and whose street address is 5775 Flatiron Parkway, Boulder,
Colorado. The Premises are outlined on the plan attached to the Lease as Exhibit A. The land on which the Building is located (the “Land”) is described on Exhibit B. The term “Project” or
“Complex” shall collectively refer to the Building, the Land and the driveways, parking facilities, and similar improvements and easements associated with the foregoing or the operation thereof, including without limitation
the Common Areas (as defined in Section 7(c)).
		
	Term:	  	Approximately One Hundred Twenty-Nine (129) months, commencing on the Commencement Date and ending at 5:00 p.m. local time on the last day of the One Hundred Twenty-Ninth (129th) full calendar month following the Commencement Date,
subject to adjustment and earlier termination as provided in the Lease.
		
	Commencement Date:	  	The earliest of: (a) the date on which Tenant occupies any portion of the Premises and begins conducting business therein; (b) the date on which the Work (as defined in Exhibit D hereto) in the Premises is Substantially
Completed (as defined in Exhibit D hereto); or (c) the date on which the Work in the Premises would have been Substantially Completed but for the occurrence of any Tenant Delay Days (as defined in Exhibit D hereto).
		
	Base Rent:	  	Base Rent shall be the following amounts for the following periods of time:

  

					
	Lease Month	  	 Annual Base Rent Rate

Per Rentable Square
 Foot
	  	Monthly Base Rent
	 1 — 6
	  	$****	  	$****
	 7 — 18
	  	$*****	  	$*********
	 19 — 30
	  	$*****	  	$*********
	 31 — 42
	  	$*****	  	$*********
	 43 — 54
	  	$*****	  	$*********
	 55 — 66
	  	$*****	  	$*********
	 67 — 78
	  	$*****	  	$*********

  
 *** Information has been
omitted and filed separately with the Securities and Exchange Commission. Confidential Treatment has 
 been requested with respect to the
omitted portions. 

 CONFIDENTIAL TREATMENT REQUESTED by Markit Ltd. 

 

									
	 79 — 90
	  	$	*****	  	  	$	*********	  
	 91 — 102
	  	$	*****	  	  	$	*********	  
	 103 — 114
	  	$	*****	  	  	$	*********	  
	 115 — 129
	  	$	*****	  	  	$	*********	  

  

					
		  	As used herein, the term “Lease Month” shall mean each calendar month during the Term (and if the Commencement Date does not occur on the first
(1st) day of a calendar month, the period from the Commencement Date to the first (1st) day of the next calendar month shall be included in the
first (1st) Lease Month for purposes of determining the duration of the Term and the monthly Base Rent rate applicable for such partial month).
		
		  	********************************************
		
	Security Deposit:	  	$*********
		
	Rent:	  	Base Rent, Additional Rent, Taxes and Insurance (each as defined in Exhibit C hereto), and all other sums that Tenant may owe to Landlord or otherwise be required to pay under the Lease.
		
	Permitted Use:	  	General office use, and for no other purpose whatsoever.
		
	Tenant’s Proportionate Share:	  	******%, which is the percentage obtained by dividing (a) ************************************ ****** by (b) **********************************************************************. Landlord and Tenant stipulate that the
number of rentable square feet in the Premises and in the Building set forth above is conclusive as to the square footage in existence on the date of this Lease and shall be binding upon them.
			
	Initial Liability Insurance Amount	  	$*********	  	
			
	Broker/Agent	  	 For Tenant: NONE
  

For Landlord:
 c/o Trammell Crow Denver, Inc.

8390 East Crescent Parkway, Suite 300
 Greenwood Village, CO
80111
 Attn: Flatiron Boulder Asset Manager
	  	
			
	Tenant’s Address:	  	 Prior to Commencement Date:
 5718 Central
Avenue
 Boulder, CO 80301
 Attention: Jessica Pappas
	  	 Following Commencement Date:
 (To Premises)

 With a copy to:
  

5718 Central Avenue
 Boulder, CO 80301

Attention: Accounts Payable if
 invoice /

billing issue other issue Jessica
 Pappas

  
 *** Information has been
omitted and filed separately with the Securities and Exchange Commission. Confidential Treatment has 
 been requested with respect to the
omitted portions. 

 CONFIDENTIAL TREATMENT REQUESTED by Markit Ltd. 

 

					
	Landlord’s Address:	  	 For all Notices:
  

c/o Trammell Crow Company
 8390 East Crescent Parkway, Suite
300
 Greenwood Village, CO 80111
 Attention: Property
Manager
	  	 With a copy to:
  

INVESCO Realty Advisors
 Three Galleria Tower, Suite 500

13155 Noel Road
 Dallas, TX 75240

Attention: Senior Asset Manager

 The foregoing Basic Lease Information is incorporated into and made a part of the Lease identified above. If any conflict
exists between any Basic Lease Information and the Lease, then the Lease shall control. 
  

							
	LANDLORD:	 		 	 FLATIRON BOULDER OFFICE, INC.,
 a
Texas corporation

				
		 		 	By:	 	 /s/ Terrell W. Bolko

		 		 		 	Name: Terrell W. Bolko
		 		 		 	Title: Vice President

  

							
	TENANT:	 		 	 WALL STREET ON DEMAND, INC.
 a
Delaware corporation

				
		 		 	By:	 	 /s/ James Tanay

		 		 		 	Name: James Tanay
		 		 		 	Title:

					
		
		 	 WALL STREET ON DEMAND, INC.
 a
Delaware corporation

			
		 	By:	 	/s/ Jessica Pappas
		 		 	 Name: Jessica Pappas
 Title: Director of
Administration

  
 *** Information has been
omitted and filed separately with the Securities and Exchange Commission. Confidential Treatment has 
 been requested with respect to the
omitted portions. 

 CONFIDENTIAL TREATMENT REQUESTED by Markit Ltd. 

OFFICE LEASE AGREEMENT 

This Office Lease Agreement (this “Lease”) is entered into as of January 8th , 2006, between Flatiron Boulder Office, Inc., a Texas corporation (“Landlord”), and Wall Street On Demand, Inc., a Delaware corporation
(“Tenant”). 
 1. Definitions and Basic Provisions. The definitions and basic provisions
set forth in the Basic Lease Information (the “Basic Lease Information”) executed by Landlord and Tenant contemporaneously herewith are incorporated herein by reference for all purposes. Additionally, the following terms
shall have the following meanings when used in this Lease: “Affiliate” means any person or entity which, directly or indirectly, through one or more intermediaries, controls, is controlled by, or is under common control with
the party in question; “Building’s Structure” means the Building’s exterior walls, roof, elevator shafts (if any), footings, foundations, structural portions of load-bearing walls, structural floors and subfloors,
and structural columns and beams; “Building’s Systems” means the Premises’ and Building’s HVAC, life-safety, plumbing, electrical, and mechanical systems; “Business Day(s)” means Monday
through Friday of each week, exclusive of Holidays; “Holidays” means New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, Christmas Day, and any other nationally or regionally recognized holiday;
“including” means including, without limitation; “Laws” means all federal, state, and local laws, ordinances, rules and regulations, all court orders, governmental directives, and governmental orders
and all interpretations of the foregoing, and all restrictive covenants affecting the Project, and “Law” shall mean any of the foregoing; “Normal Business Hours” means 7:00 a.m. to 6:00 p.m. on
Business Days and 8:00 a.m. to 1:00 p.m. on Saturdays, exclusive of Holidays; “Tenant’s Off-Premises Equipment” means any of Tenant’s equipment or other property that may be located on or about the Project (other
than inside the Premises); and “Tenant Party” means any of the following persons: Tenant; any assignees claiming by, through, or under Tenant; any subtenants claiming by, through, or under Tenant; and any of their respective
agents, contractors, employees, and invitees. 
 2. Lease Grant. Subject to the terms of this Lease, Landlord
leases to Tenant, and Tenant leases from Landlord, the Premises (as defined in the Basic Lease Information). Tenant, its permitted subtenants and their employees, licensees and guests, shall have access to the Premises at all times, twenty-four
(24) hours per day, every day of the year, subject to such after-normal business hour security procedures as Landlord may require. In connection with the foregoing, Tenant shall have the right, at its sole cost and expense, to install
additional access card readers on the entry doors to the Premises, upon written notice to and the reasonable approval of Landlord. 

3. Tender of Possession. Landlord and Tenant presently anticipate that possession of the Premises will be tendered to
Tenant in the condition required by this Lease on or about April 1, 2007 (the “Estimated Delivery Date”). If Landlord is unable to tender possession of the Premises in such condition to Tenant by the Estimated Delivery
Date, then: (a) the validity of this Lease shall not be affected or impaired thereby; (b) Landlord shall not be in default hereunder or be liable for damages therefor; and (c) Tenant shall accept possession of the Premises when
Landlord tenders possession thereof to Tenant. By occupying the Premises, Tenant shall be deemed to have accepted the Premises in their condition as of the date of such  

  
 1 

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been requested with respect to the omitted portions. 

 CONFIDENTIAL TREATMENT REQUESTED by Markit Ltd. 

 

 
occupancy, subject to the performance of punch-list items that remain to be performed by Landlord, if any. Prior to occupying the Premises, Tenant shall execute and deliver to Landlord a
letter substantially in the form of Exhibit F hereto confirming: (1) the Commencement Date (as defined in the Basic Lease Information) and the expiration date of the initial Term (as defined in the Basic Lease Information); (2) that
Tenant has accepted the Premises; and (3) that Landlord has performed all of its obligations with respect to the Premises (except for punch-list items specified in such letter); however, the failure of the parties to execute such letter shall
not defer the Commencement Date or otherwise invalidate this Lease. Tenant’s failure to execute such document within ten (10) days of receipt thereof from Landlord shall be an Event of Default (as defined in Section 17) under
this Lease and shall be deemed Tenant’s agreement to the contents of such document. Notwithstanding the foregoing, Landlord grants to Tenant and Tenant’s contractors access to the Premises during the three (3) weeks prior to the
Commencement Date (“Early Access”) for the purpose of installing Tenant’s furniture, fixtures and equipment provided that such Early Access is coordinated with Landlord and Landlord’s contractors and that it shall
in no way interfere with or delay Landlord’s completion of the improvements to the Premises or violate code restrictions. Tenant and its contractors shall observe all rules and regulations of the Building, including Landlord’s insurance
requirements. Tenant’s Early Access is subject to all of the terms and conditions of this Lease. Occupancy of the Premises by Tenant prior to the Commencement Date shall be subject to all of the provisions of this Lease excepting only those
requiring the payment of Rent. 
 4. Rent. Tenant shall timely pay to Landlord Rent (as defined in the Basic Lease
Information), including the amounts set forth in Exhibit C hereto, without notice, demand, deduction or set-off (except as otherwise expressly provided herein), by good and sufficient check drawn on a national banking association at
Landlord’s address provided for in this Lease or as otherwise specified by Landlord and shall be accompanied by all applicable state and local sales or use taxes. The obligations of Tenant to pay Base Rent (as defined in the Basic Lease
Information) and other sums to Landlord and the obligations of Landlord under this Lease are independent obligations. Base Rent, adjusted as herein provided, shall be payable monthly in advance. The first (1st) monthly installment of Base Rent
shall be payable contemporaneously with the execution of this Lease; thereafter, Base Rent shall be payable on the first (1st) day of each month beginning on the first (1st) day of the second (2nd) full calendar month of the Term. The
monthly Base Rent for any partial month at the beginning of the Term shall equal the product of 1/365 (or in the event of a leap year, 1/366) of the annual Base Rent in effect during the partial month and the number of days in the partial month, and
shall be due on the Commencement Date. Payments of Base Rent for any fractional calendar month at the end of the Term shall be similarly prorated. Tenant shall pay Additional Rent, Taxes and Insurance (each as defined in Exhibit C) at the
same time and in the same manner as Base Rent. 
 5. Delinquent Payment; Handling Charges. All past due payments
required of Tenant hereunder shall bear interest from the date due until paid at the lesser of ******* percent (**%) per annum or the maximum lawful rate of interest (such lesser amount is referred to herein as the “Default
Rate”); additionally, Landlord, in addition to all other rights and remedies available to it, may charge Tenant a fee equal to **** percent (*%) of the delinquent payment to reimburse Landlord for its cost and inconvenience incurred as
a consequence of Tenant’s delinquency. In no event, however, shall the charges permitted under this Section 5 or elsewhere in this Lease, to the extent they are considered to be interest under applicable Law, exceed the maximum lawful rate
of interest. 

  
 2 

*** Information has been omitted and filed separately with the Securities and Exchange Commission. Confidential Treatment has 

been requested with respect to the omitted portions. 

 CONFIDENTIAL TREATMENT REQUESTED by Markit Ltd. 

 

 6. Security Deposit. Contemporaneously with the execution of this Lease,
Tenant shall pay to Landlord the Security Deposit (as defined in the Basic Lease Information), which shall be held by Landlord to secure Tenant’s performance of its obligations under this Lease. The Security Deposit is not an advance payment of
Rent or a measure or limit of Landlord’s damages upon an Event of Default (as defined in Section 17). Landlord may, at Landlord’s discretion, from time to time following an Event of Default and without prejudice to any other
remedy, use all or a part of the Security Deposit to perform any obligation Tenant fails to perform hereunder or in connection with Landlord’s remedies under this Lease. Following any such application of the Security Deposit, Tenant shall pay
to Landlord on demand the amount so applied in order to restore the Security Deposit to its original amount. Subject to the requirements of, and conditions imposed by, Laws applicable to security deposits under commercial leases, Landlord shall,
within the time required by applicable Law, return to Tenant the portion of the Security Deposit remaining after deducting all damages, charges and other amounts permitted by Law. Landlord and Tenant agree that such deductions shall include, without
limitation, all damages and losses that Landlord has suffered or that Landlord reasonably estimates that it will suffer as a result of any breach of this Lease by Tenant. Unless required otherwise by applicable Law, the Security Deposit may be
commingled with other funds, and no interest shall be paid thereon. If Landlord transfers its interest in the Premises, Landlord may assign the Security Deposit to the transferee and, upon such transfer (and the delivery to Tenant of an
acknowledgement of the transferee’s responsibility for the Security Deposit if required by Law), Landlord thereafter shall have no further liability for the return of the Security Deposit. 

7. Services; Utilities; Common Areas. 

(a) Services. Landlord shall use all reasonable efforts to furnish to Tenant: (i) water at those points of supply provided
for general use of tenants of the Building; (ii) heated and refrigerated air conditioning as appropriate, at such temperatures and in such amounts as are required by governmental authority or as Landlord reasonably determines are standard for
the Building; (iii) elevators for ingress and egress to the floor on which the Premises are located, in common with other tenants, provided that Landlord may limit the number of operating elevators during non-business hours, during repairs, and
Holidays; (iv) replacement of Building-standard light bulbs and fluorescent tubes, provided that Landlord’s standard charge for such bulbs and tubes shall be paid by Tenant; and (v) electrical current during Normal Business Hours for
equipment whose electrical energy consumption does not exceed normal office usage. If Tenant desires any of the services specified in Section 7(a)(ii) at a time other than Normal Business Hours, then such services shall be supplied to
Tenant upon the written request of Tenant delivered to Landlord before 3:00 p.m. on the Business Day preceding such extra usage, and Tenant shall pay to Landlord the actual cost (and not as a profit) of such services within thirty (30) days
after Landlord has delivered to Tenant an invoice therefor. The costs incurred by Landlord in providing HVAC service to Tenant at a time other than Normal Business Hours (currently estimated at $50.00 per hour), shall include costs for electricity,
water, sewage, water treatment, labor, metering, filtering, and maintenance reasonably allocated by Landlord to providing such service. Any after hours HVAC cost reimbursement shall be credited against the Operating Costs for the Building. 

  
 3 

*** Information has been omitted and filed separately with the Securities and Exchange Commission. Confidential Treatment has 

been requested with respect to the omitted portions. 

 CONFIDENTIAL TREATMENT REQUESTED by Markit Ltd. 

 

 (b) Excess Utility Use. Landlord shall not be required to furnish electrical
current for any equipment that consumes more than 0.65 kilowatts as rated capacity, requires voltage other than 120 volts, single phase, or requires the use of self-contained HVAC units. In the event Tenant requires additional HVAC or electric
current capacity, subject to Exhibit D, Tenant shall have the right to install such additional services as necessary subject to Landlord’s approval. If Tenant’s requirements for or consumption of electricity exceed the electricity
to be provided by Landlord as described in Section 7(a), Landlord shall, at Tenant’s expense, make reasonable efforts to supply such service through the then-existing feeders and risers and electrical panels serving the Building and
the Premises, and Tenant shall pay to Landlord the cost of such service within thirty (30) days after Landlord has delivered to Tenant an invoice therefor. Landlord may determine the amount of such additional consumption and potential
consumption by any verifiable method, including installation of a separate meter in the Premises installed, maintained, and read by Landlord, at Tenant’s expense. Tenant shall not install any electrical equipment requiring special wiring or
requiring voltage in excess of 110 volts unless approved in advance by Landlord, which approval shall not be unreasonably withheld. Tenant shall not install any electrical equipment requiring voltage in excess of Building capacity unless approved in
advance by Landlord, which approval may be withheld in Landlord’s sole discretion. The use of electricity in the Premises shall not exceed the capacity of existing feeders and risers and electrical panels to or wiring in the Premises. Any
risers or wiring required to meet Tenant’s excess electrical requirements shall, upon Tenant’s written request, be installed by Landlord, at Tenant’s cost, if, in Landlord’s judgment, the same are necessary and shall not cause
permanent damage to the Building or the Premises, cause or create a dangerous or hazardous condition, entail excessive or unreasonable alterations, repairs, or expenses, or interfere with or disturb other tenants of the Building. If Tenant uses
machines or equipment in the Premises which affect the temperature otherwise maintained by the air conditioning system or otherwise overload any utility, Landlord may install supplemental air conditioning units or other supplemental equipment in the
Premises, and the cost thereof, including the cost of installation, operation, use, and maintenance, shall be paid by Tenant to Landlord within thirty (30) days after Landlord has delivered to Tenant an invoice therefor. Landlord’s
obligation to furnish services under Section 7(a) shall be subject to the rules and regulations of the supplier of such services and governmental rules and regulations. Landlord may, upon not less than thirty (30) days’ prior
written notice to Tenant, discontinue any such service to the Premises, provided Landlord first arranges for a direct connection thereof through the supplier of such service. Tenant shall, however, be responsible for contracting with the supplier of
such service and for paying all deposits for, and costs relating to, such service. Landlord shall use reasonable efforts to restore any service required of it that becomes unavailable; however, such unavailability shall not render Landlord liable
for any damages caused thereby, be a constructive eviction of Tenant, constitute a breach of any implied warranty, or entitle Tenant to any abatement of Tenant’s obligations hereunder. 

(c) Common Areas. The term “Common Area” is defined for all purposes of this Lease as that part of the
Project and/or Complex intended for the common use of all tenants, including among other facilities (as such may be applicable to the Complex), the ground floor lobby, elevator lobbies and hallways on multi-tenant floors, parking areas, private
streets and alleys, landscaping, curbs, loading areas, sidewalks, malls and promenades (enclosed or otherwise), lighting facilities, drinking fountains, meeting rooms, public toilets, the parking garage, and the like, but excluding: (i) space
in buildings (now or hereafter existing) designated 

  
 4 

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been requested with respect to the omitted portions. 

 CONFIDENTIAL TREATMENT REQUESTED by Markit Ltd. 

 

 
for rental for commercial purposes, as the same may exist from time to time; (ii) streets and alleys maintained by a public authority; (iii) areas within the Complex which may from time
to time not be owned by Landlord (unless subject to a cross-access agreement benefiting the area which includes the Premises); and (iv) areas leased to a single-purpose user where access is restricted. In addition, although the roof(s) of the
building(s) in the Complex is not literally part of the Common Area, it will be deemed to be so included for purposes of: (i) Landlord’s ability to prescribe rules and regulations regarding same; and (ii) its inclusion for purposes of
Operating Costs reimbursements. Landlord reserves the right to change from time to time the dimensions and location of the Common Area, as well as the dimensions, identities, locations and types of any buildings, signs or other improvements in the
Complex. For example, and without limiting the generality of the immediately preceding sentence, Landlord may from time to time substitute for any parking area other areas reasonably accessible to the tenants of the Building or Complex, as
applicable, which areas may be elevated, surface or underground. Tenant, and its employees and customers, and when duly authorized pursuant to the provisions of this Lease, its subtenants, licensees and concessionaires, shall have the non-exclusive
right to use the Common Area (excluding roof(s)) as constituted from time to time, such use to be in common with Landlord, other tenants in the Building and/or Complex, as applicable, and other persons permitted by the Landlord to use the same, and
subject to rights of governmental authorities, easements, other restrictions of record, and such reasonable rules and regulations governing use as Landlord may from time to time prescribe. For example, and without limiting the generality of
Landlord’s ability to establish rules and regulations governing all aspects of the Common Area, Tenant agrees as follows: 
 (i) Tenant
shall not solicit business within the Common Area nor take any action which would interfere with the rights of other persons to use the Common Area. 

(ii) Landlord may temporarily close any part of the Common Area for such periods of time as may be necessary to make repairs or alterations or
to prevent the public from obtaining prescriptive rights. 
 (iii) With regard to the roof(s) of the building(s) in the Project or Complex,
as applicable, use of the roof(s) is reserved to Landlord, or with regard to any tenant demonstrating to Landlord’s satisfaction a need to use same, to such tenant after receiving prior written consent from Landlord. 

8. Alterations; Repairs; Maintenance; Signs. 

(a) Alterations. Tenant shall not make any alterations, additions or improvements to the Premises (collectively, the
“Alterations”) without the prior written consent of Landlord, except for the installation of unattached, movable trade fixtures which may be installed without drilling, cutting or otherwise defacing the Premises. Tenant shall
furnish complete plans and specifications to Landlord for its approval at the time it requests Landlord’s consent to any Alterations if the desired Alterations: (i) will affect the Building’s Systems or Building’s Structure; or
(ii) will require the filing of plans and specifications with any governmental or quasi-governmental agency or authority; or (iii) will cost in excess of Five Thousand and No/100 Dollars ($5,000.00) in the aggregate. Subsequent to
obtaining Landlord’s consent and prior to commencement of the Alterations, Tenant shall deliver to Landlord any 

  
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building permit required by applicable Law and a copy of the executed construction contract(s). Tenant shall reimburse Landlord within ten (10) days after the rendition of a bill for all of
Landlord’s actual out-of-pocket costs incurred in connection with any Alterations, including all management, engineering, outside consulting, and construction fees incurred by or on behalf of Landlord for the review and approval of
Tenant’s plans and specifications and for the monitoring of construction of the Alterations. If Landlord consents to the making of any Alteration, such Alteration shall be made by Tenant at Tenant’s sole cost and expense by a contractor
approved in writing by Landlord. Tenant shall require its contractor to maintain insurance in such amounts and in such form as Landlord may require. Without Landlord’s prior written consent, Tenant shall not use any portion of the Common Areas
either within or without the Project or Complex, as applicable, in connection with the making of any Alterations. If the Alterations which Tenant causes to be constructed result in Landlord being required to make any alterations and/or improvements
to other portions of the Project or Complex, as applicable, in order to comply with any applicable Laws, then Tenant shall reimburse Landlord upon demand for all costs and expenses incurred by Landlord in making such alterations and/or improvements.
Any Alterations made by Tenant shall become the property of Landlord upon installation and shall remain on and be surrendered with the Premises upon the expiration or sooner termination of this Lease, unless Landlord requires the removal of such
Alterations. If Landlord requires the removal of such Alterations, Tenant shall at its sole cost and expense, forthwith and with all due diligence (but in any event not later than ten (10) days after the expiration or earlier termination of the
Lease) remove all or any portion of any Alterations made by Tenant which are designated by Landlord to be removed (including without limitation stairs, bank vaults, and cabling, if applicable) and repair and restore the Premises in a good and
workmanlike manner to their original condition, reasonable wear and tear excepted. All construction work done by Tenant within the Premises shall be performed in a good and workmanlike manner with new materials of first-class quality, lien-free and
in compliance with all Laws, and in such manner as to cause a minimum of interference with other construction in progress and with the transaction of business in the Project or Complex, as applicable. Tenant agrees to indemnify, defend and hold
Landlord harmless against any loss, liability or damage resulting from such work, and Tenant shall, if requested by Landlord, furnish a bond or other security satisfactory to Landlord against any such loss, liability or damage. The foregoing
indemnity shall survive the expiration or earlier termination of this Lease. Landlord’s consent to or approval of any alterations, additions or improvements (or the plans therefor) shall not constitute a representation or warranty by Landlord,
nor Landlord’s acceptance, that the same comply with sound architectural and/or engineering practices or with all applicable Laws, and Tenant shall be solely responsible for ensuring all such compliance. 

(b) Repairs; Maintenance. 

(i) By Landlord. Landlord shall, subject to reimbursement as set forth in Exhibit C, keep and maintain in good repair and
working order and make repairs to and perform maintenance upon: (1) structural elements of the Building; (2) standard mechanical (including HVAC), electrical, plumbing and fire/life safety systems serving the Building generally;
(3) Common Areas; (4) the roof of the Building; (5) exterior windows of the Building; and (6) elevators serving the Building. Landlord shall not be liable for any failure to make any such repairs or to perform any maintenance
unless such failure shall persist for an unreasonable time after written notice of the need of such repairs or maintenance is given to Landlord by 

  
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Tenant. If any of the foregoing maintenance or repair is necessitated due to the acts or omissions of any Tenant Party, Tenant shall pay the costs of such repairs or maintenance to Landlord
within thirty (30) days after receipt of an invoice, together with an administrative charge in an amount equal to ******* percent (**%) of the cost of the repairs. Landlord shall not be liable to Tenant for any interruption of Tenant’s
business or inconvenience caused due to any work performed in the Premises or in the Complex pursuant to Landlord’s rights and obligations under the Lease. To the extent allowed by law, Tenant waives the right to make repairs at Landlord’s
expense under any law, statute or ordinance now or hereafter in effect. 
 (ii) By Tenant. Tenant shall, at its sole cost and
expense, promptly perform all maintenance and repairs to the Premises that are not Landlord’s express responsibility under this Lease, and shall keep the Premises in good condition and repair, ordinary wear and tear excepted. Tenant’s
repair obligations include, without limitation, repairs to: (1) floor covering and/or raised flooring; (2) interior partitions; (3) doors; (4) the interior side of demising walls; (5) electronic, phone and data cabling and
related equipment (collectively, “Cable”) that is installed by or for the benefit of Tenant and located in the Premises or other portions of the Building or Project; (6) supplemental air conditioning units, private
showers and kitchens, including hot water heaters, plumbing, dishwashers, ice machines and similar facilities serving Tenant exclusively; (7) phone rooms used exclusively by Tenant; (8) Alterations performed by contractors retained by or
on behalf of Tenant, including related HVAC balancing; and (9) all of Tenant’s furnishings, trade fixtures, equipment and inventory. Tenant shall contract directly for janitorial services to the Premises and will keep the Premises in a
first-class condition and appearance. Tenant will pay all costs and expenses for the janitorial services directly to the provider. Landlord will have no obligations with respect to such janitorial services. Tenant acknowledges that the condition and
appearance of the Premises are of concern to the Landlord because of the Premises’ location and visibility which as a result may detract from the first-class appearance and image of the Building. If Landlord reasonably determines at any time
that the Premises are not being kept in a condition acceptable to Landlord, then Landlord shall notify Tenant and Tenant shall return the Premises to a condition reasonably satisfactory to Landlord within three (3) business days after such
notice. if after such 3 business day period, Tenant has not complied, Landlord may during Ordinary Business Hours enter the Premises and have the Premises cleaned to its satisfaction by its own janitorial services at Tenant’s cost and expense.
Landlord reserves the right to perform any of the foregoing maintenance or repair obligations or require that such obligations be performed by a contractor approved by Landlord, all at Tenant’s expense. All work shall be performed in accordance
with the rules and procedures described in Section 8(a). If Tenant fails to make any repairs to the Premises for more than fifteen (15) days after notice from Landlord (although notice shall not be required if there is an emergency,
or if the area to be repaired is visible from the exterior of the Building), Landlord may, in addition to any other remedy available to Landlord, make the repairs, and Tenant shall pay the reasonable cost of the repairs to Landlord within thirty
(30) days after receipt of an invoice, together with an administrative charge in an amount equal to ******* percent (**%) of the cost of the repairs. At the expiration of this Lease, Tenant shall surrender the Premises in good condition,
excepting reasonable wear and tear and losses required to be restored by Landlord. If Landlord elects to store any personal property of Tenant, including goods, wares, merchandise, inventory, trade fixtures and other personal property of Tenant,
same shall be stored at the sole risk of Tenant. Landlord or its agents shall not be liable for any loss or damage to persons or property resulting from fire, explosion, falling plaster, steam, gas, 

  
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electricity, water or rain which may leak from any part of the Complex or from the pipes, appliances or plumbing works therein or from the roof, street or subsurface or from any other places
resulting from dampness or any other cause whatsoever, or from the act or negligence of any other tenant or any officer, agent, employee, contractor or guest of any such tenant. It is generally understood that mold spores are present essentially
everywhere and that mold can grow in most any moist location. Emphasis is properly placed on prevention of moisture and on good housekeeping and ventilation practices. Tenant acknowledges the necessity of housekeeping, ventilation, and moisture
control (especially in kitchens, janitor’s closets, bathrooms, break rooms and around outside walls) for mold prevention. In signing this Lease, Tenant has first inspected the Premises and certifies that it has not observed mold, mildew or
moisture within the Premises. Tenant agrees to immediately notify Landlord if it observes mold/mildew and/or moisture conditions (from any source, including leaks), and allow Landlord to evaluate and make recommendations and/or take appropriate
corrective action. Tenant relieves Landlord from any liability for any bodily injury or damages to property caused by or associated with moisture or the growth of or occurrence of mold or mildew on the Premises. In addition, execution of this Lease
constitutes acknowledgement by Tenant that control of moisture and mold prevention are integral to its Lease obligations. 
 (iii)
Performance of Work. All work described in this Section 8 shall be performed only by contractors and subcontractors approved in writing by Landlord. Tenant shall cause all contractors and subcontractors to procure and
maintain insurance coverage naming Landlord, Landlord’s property management company and INVESCO Institutional (N.A.), Inc. (“Invesco”) as additional insureds against such risks, in such amounts, and with such companies
as Landlord may reasonably require. Tenant shall provide Landlord with the identities, mailing addresses and telephone numbers of all persons performing work or supplying materials prior to beginning such construction and Landlord may post on and
about the Premises notices of non-responsibility pursuant to applicable Laws. All such work shall be performed in accordance with all Laws and in a good and workmanlike manner so as not to damage the Building (including the Premises, the
Building’s Structure and the Building’s Systems). All such work which may affect the Building’s Structure or the Building’s Systems, at Landlord’s election, must be performed by Landlord’s usual contractor for such work
or a contractor approved by Landlord. All work affecting the roof of the Building must be performed by Landlord’s roofing contractor or a contractor approved by Landlord and no such work will be permitted if it would void or reduce the warranty
on the roof. 
 (c) Mechanic’s Liens. All work performed, materials furnished, or obligations incurred by or at the
request of a Tenant Party shall be deemed authorized and ordered by Tenant only, and Tenant shall not permit any mechanic’s liens to be filed against the Premises or the Project in connection therewith. Upon completion of any such work, Tenant
shall deliver to Landlord final lien waivers from all contractors, subcontractors and materialmen who performed such work. if such a lien is filed, then Tenant shall, within ten (10) days after Landlord has delivered notice of the filing
thereof to Tenant (or such earlier time period as may be necessary to prevent the forfeiture of the Premises, Project or any interest of Landlord therein or the imposition of a civil or criminal fine with respect thereto), either: (1) pay the
amount of the lien and cause the lien to be released of record; or (2) diligently contest such lien and deliver to Landlord a bond or other security reasonably satisfactory to Landlord. If Tenant fails to timely take either such action, then
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including expenses and interest, shall be paid by Tenant to Landlord within ten (10) days after Landlord has invoiced Tenant therefor. Landlord and Tenant acknowledge and agree that their
relationship is and shall be solely that of “landlord-tenant” (thereby excluding a relationship of “owner-contractor,” “owner-agent” or other similar relationships). Accordingly, all materialmen, contractors, artisans,
mechanics, laborers and any other persons now or hereafter contracting with Tenant, any contractor or subcontractor of Tenant or any other Tenant Party for the furnishing of any labor, services, materials, supplies or equipment with respect to any
portion of the Premises, at any time from the date hereof until the end of the Term, are hereby charged with notice that they look exclusively to Tenant to obtain payment for same. Nothing herein shall be deemed a consent by Landlord to any liens
being placed upon the Premises, Project or Landlord’s interest therein due to any work performed by or for Tenant or deemed to give any contractor or subcontractor or materialman any right or interest in any funds held by Landlord to reimburse
Tenant for any portion of the cost of such work. Tenant shall indemnify, defend and hold harmless Landlord, its property manager, Invesco, any subsidiary or affiliate of the foregoing, and their respective officers, directors, shareholders,
partners, employees, managers, contractors, attorneys and agents (collectively, the “Indemnitees”) from and against all claims, demands, causes of action, suits, judgments, damages and expenses (including attorneys’
fees) in any way arising from or relating to the failure by any Tenant Party to pay for any work performed, materials furnished, or obligations incurred by or at the request of a Tenant Party. The foregoing indemnity shall survive termination or
expiration of this Lease. 
 (d) Signs. Tenant shall not place or permit to be placed any signs upon: (i) the roof of the
Building; or (ii) the Common Areas; or (iii) any area visible from the exterior of the Premises without Landlord’s prior written approval, which approval shall not be unreasonably withheld, conditioned or delayed provided any proposed
sign is placed only in those locations as may be designated by Landlord, and complies with the sign criteria promulgated by Landlord from time to time. Upon request of Landlord, Tenant shall immediately remove any sign, advertising material or
lettering which Tenant has placed or permitted to be placed upon the exterior or interior surface of any door or window or at any point inside the Premises, which in Landlord’s reasonable opinion, is of such a nature as to not be in keeping
with the standards of the Building, and if Tenant fails to do so, Landlord may without liability remove the same at Tenant’s expense. Tenant shall comply with such regulations as may from time to time be promulgated by Landlord governing signs,
advertising material or lettering of all tenants in the Project or Complex, as applicable. The Tenant, upon vacation of the Premises, or the removal or alteration of its sign for any reason, shall be responsible for the repair, painting or
replacement of the Building fascia surface or other portion of the Building where signs are attached. If Tenant fails to do so, Landlord may have the sign removed and the cost of removal plus fifteen percent (15%) as an administrative fee shall
be payable by Tenant within ten (10) days of invoice. 
 Notwithstanding the foregoing to the contrary, during the initial Term, Tenant
shall have the non-exclusive right to place its name on the existing two (2) monument signs for the Building (the “Signage”). The Signage shall be installed by Landlord at Landlord’s cost and shall be maintained at
Landlord’s sole cost and expense throughout the Term. The rights of Tenant under this paragraph: (i) are personal to Tenant and may, upon receipt of Landlord’s reasonable approval therefor, be assigned to an assignee or subtenant, but
may not be assigned to any other party; (ii) are terminable by Landlord following any default not cured within applicable cure periods; and (iii) are terminable by Landlord if Tenant reduces the size of the Premises,

  
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notwithstanding the consent of Landlord thereto. Upon the expiration or earlier termination of this Lease or the termination of Tenant’s sign rights as set forth herein, Tenant shall remove
the Signage, at Tenant’s sole cost and expense, and restore the monument signs to their condition immediately prior to the installation of the Signage. If Tenant fails to timely remove the Signage, then the Signage shall conclusively be deemed
to have been abandoned by Tenant and may be appropriated, sold, stored, destroyed, or otherwise disposed of by Landlord without further notice to Tenant or any other person and without obligation to account therefor. Tenant shall reimburse Landlord
for all reasonable costs incurred by Landlord in connection therewith within thirty (30) days of Landlord’s invoice. The provisions of this paragraph shall survive the expiration or earlier termination of the Lease. 

9. Use. Tenant shall continuously occupy and use the Premises only for the Permitted Use (as set forth in the Basic Lease
Information) and shall comply with all Laws relating to the use, condition, access to, and occupancy of the Premises and will not commit waste, overload the Building’s Structure or the Building’s Systems or subject the Premises to use that
would damage the Premises. Tenant, at its sole cost and expense, shall obtain and keep in effect during the term, all permits, licenses, and other authorizations necessary to permit Tenant to use and occupy the Premises for the Permitted Use in
accordance with applicable Law. Notwithstanding anything in this Lease to the contrary, as between Landlord and Tenant: (a) Tenant shall bear the risk of complying with Title III of the Americans With Disabilities Act of 1990, any state laws
governing handicapped access or architectural barriers, and all rules, regulations, and guidelines promulgated under such laws, as amended from time to time (the “Disabilities Acts”) in the Premises; and (b) Landlord
shall bear the risk of complying with the Disabilities Acts in the Common Areas (subject to reimbursement as set forth in Exhibit C), other than compliance that is necessitated by the use of the Premises for other than the Permitted Use or as
a result of any alterations or additions made by Tenant (which risk and responsibility shall be borne by Tenant). Tenant shall not use any substantial portion of the Premises for a “call center”, any other telemarketing use, or any credit
processing use. In addition, the Premises shall not be used for any purpose which creates strong, unusual, or offensive odors, fumes, dust or vapors; which emits noise or sounds that are objectionable due to intermittence, beat, frequency,
shrillness, or loudness; which is associated with indecent or pornographic matters; or which involves political or moral issues (such as abortion issues). Tenant shall conduct its business and control each other Tenant Party so as not to create any
nuisance or unreasonably interfere with other tenants or Landlord in its management of the Building. Tenant shall not knowingly conduct or permit to be conducted in the Premises any activity, or place any equipment in or about the Premises or the
Building, which will invalidate the insurance coverage in effect or increase the rate of fire insurance or other insurance on the Premises or the Building. if any invalidation of coverage or increase in the rate of fire insurance or other insurance
occurs or is threatened by any insurance company due to activity conducted from the Premises, or any act or omission by Tenant, or its agents, employees, representatives, or contractors, such statement or threat shall be conclusive evidence that the
increase in such rate is due to such act of Tenant or the contents or equipment in or about the Premises, and, as a result thereof, Tenant shall be liable for such increase and shall be considered Additional Rent payable with the next monthly
installment of Base Rent due under this Lease. In no event shall Tenant introduce or permit to be kept on the Premises or brought into the Building any dangerous, noxious, radioactive or explosive substance. 

  
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 10. Assignment and Subletting. 

(a) Transfers. Tenant shall not, without the prior written consent of Landlord: (1) assign, transfer, or encumber this Lease
or any estate or interest herein, whether directly or by operation of law; (2) permit any other entity to become Tenant hereunder by merger, consolidation, or other reorganization; (3) if Tenant is an entity other than a corporation whose
stock is publicly traded, permit the transfer of an ownership interest in Tenant so as to result in a change in the current control of Tenant; (4) sublet any portion of the Premises; (5) grant any license, concession, or other right of
occupancy of any portion of the Premises; or (6) permit the use of the Premises by any parties other than Tenant (any of the events listed in Section 10(a)(1) through Section 10(a)(6) being a
“Transfer”). 
 (b) Consent Standards. Landlord shall not unreasonably withhold its consent to any
assignment or subletting of the Premises, provided that Tenant is not then in default under the Lease and the proposed transferee: (1) is creditworthy; (2) has a good reputation in the business community; (3) will use the Premises for
the Permitted Use (thus, excluding without limitation, uses for credit processing and telemarketing) and will not use the Premises in any manner that would conflict with any exclusive use agreement or other similar agreement entered into by Landlord
with any other tenant of the Project or Complex, as applicable; (4) will not use the Premises, Project or Complex in a manner that would materially increase the pedestrian or vehicular traffic to the Premises, Project or Complex; (5) is
not a governmental entity, or subdivision or agency thereof; (6) is not another occupant of the Building (provided Landlord has space available in the Building to meet the needs of such occupant); and (7) is not a person or entity with
whom Landlord is then, or has been within the six-month period prior to the time Tenant seeks to enter into such assignment or subletting, negotiating to lease space in the Building or Complex, as applicable, or any Affiliate of any such person or
entity; otherwise, Landlord may withhold its consent in its sole discretion. 
 (c) Request for Consent. If Tenant requests
Landlord’s consent to a Transfer, then, at least thirty (30) days prior to the effective date of the proposed Transfer, Tenant shall provide Landlord with a written description of all terms and conditions of the proposed Transfer, copies
of the proposed pertinent documentation, and the following information about the proposed transferee: name and address; reasonably satisfactory information about its business and business history; its proposed use of the Premises; banking,
financial, and other credit information; and general references sufficient to enable Landlord to determine the proposed transferee’s creditworthiness and character. Concurrently with Tenant’s notice of any request for consent to a
Transfer, Tenant shall pay to Landlord a fee of $1,000 (inclusive of attorney’s fees) to defray Landlord’s expenses in reviewing and considering any request for consent to a Transfer. 

(d) Conditions to Consent. If Landlord consents to a proposed Transfer, then the proposed transferee shall deliver to Landlord a
written agreement whereby it expressly assumes Tenant’s obligations hereunder; however, any transferee of less than all of the space in the Premises shall be liable only for obligations under this Lease that are properly allocable to the space
subject to the Transfer for the period of the Transfer. No Transfer shall release Tenant from its obligations under this Lease, but rather Tenant and its transferee shall be jointly and severally liable therefor. Landlord’s consent to any
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subsequent Transfers. If an Event of Default occurs while the Premises or any part thereof are subject to a Transfer, then Landlord, in addition to its other remedies, may collect directly from
such transferee all rents becoming due to Tenant and apply such rents against Rent. Tenant authorizes its transferees to make payments of rent directly to Landlord upon receipt of notice from Landlord to do so following the occurrence of an Event of
Default hereunder. Tenant shall pay for the cost of any demising walls or other improvements necessitated by a proposed subletting or assignment. 

(e) Attornment by Subtenants. Each sublease by Tenant hereunder shall be subject and subordinate to this Lease and to the matters
to which this Lease is or shall be subordinate, and each subtenant by entering into a sublease is deemed to have agreed that in the event of termination, re-entry or dispossession by Landlord under this Lease, Landlord may, at its option, either
terminate the sublease or take over all of the right, title and interest of Tenant, as sublandlord, under such sublease, and such subtenant shall, at Landlord’s option, attorn to Landlord pursuant to the then executory provisions of such
sublease, except that Landlord shall not be: (1) liable for any previous act or omission of Tenant under such sublease; (2) subject to any counterclaim, offset or defense that such subtenant might have against Tenant; (3) bound by any
previous modification of such sublease or by any rent or additional rent or advance rent which such subtenant might have paid for more than the current month to Tenant, and all such rent shall remain due and owing, notwithstanding such advance
payment; (4) bound by any security or advance rental deposit made by such subtenant which is not delivered or paid over to Landlord and with respect to which such subtenant shall look solely to Tenant for refund or reimbursement; or
(5) obligated to perform any work in the subleased space or to prepare it for occupancy, and in connection with such attornment, the subtenant shall execute and deliver to Landlord any instruments Landlord may reasonably request to evidence and
confirm such attornment. Each subtenant or licensee of Tenant shall be deemed, automatically upon and as a condition of its occupying or using the Premises or any part thereof, to have agreed to be bound by the terms and conditions set forth in this
Section 10(e). The provisions of this Section 10(e) shall be self-operative, and no further instrument shall be required to give effect to this provision. 

(f) Cancellation. Landlord may, within thirty (30) days after submission of Tenant’s written request for
Landlord’s consent to an assignment or subletting, cancel this Lease as to the portion of the Premises proposed to be sublet or assigned as of the date the proposed Transfer is to be effective. If Landlord cancels this Lease as to any portion
of the Premises, then this Lease shall cease for such portion of the Premises, Tenant shall pay to Landlord all Rent accrued through the cancellation date relating to the portion of the Premises covered by the proposed Transfer, and Rent shall be
reduced proportionately based on the remaining square footage in the Premises. Thereafter, Landlord may lease such portion of the Premises to the prospective transferee (or to any other person) without liability to Tenant. 

(g) Additional Compensation. Tenant shall pay to Landlord, immediately upon receipt thereof, ***** percent (**%) of the excess of
all compensation received by Tenant for a Transfer over the Rent allocable to the portion of the Premises covered thereby. 

  
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 11. Insurance; Waivers; Subrogation; Indemnity. 

(a) Tenant’s Insurance. Effective as of the earlier of: (1) the date Tenant enters or occupies the Premises; or
(2) the Commencement Date, and continuing throughout the Term, Tenant shall maintain the following insurance policies: (A) commercial general liability insurance in amounts of $******** per occurrence, which shall apply on a per
location basis, or, following the expiration of the initial Term, such other amounts as Landlord may from time to time reasonably require (and, if the use and occupancy of the Premises include any activity or matter that is or may be excluded
from coverage under a commercial general liability policy [e.g., the sale, service or consumption of alcoholic beverages], Tenant shall obtain such endorsements to the commercial general liability policy or otherwise obtain insurance to insure all
liability arising from such activity or matter [including liquor liability, if applicable] in such amounts as Landlord may reasonably require), insuring Tenant, Landlord, Landlord’s property management company and Invesco against all liability
for injury to or death of a person or persons or damage to property arising from the use and occupancy of the Premises and (without implying any consent by Landlord to the installation thereof) the installation, operation, maintenance, repair or
removal of Tenant’s Off-Premises Equipment with an additional insured endorsement in form CG 2026 (11/85); (B) if Tenant has any company-owned or leased vehicles, Automobile Liability covering any owned, non-owned, leased, rented or
borrowed vehicles of Tenant with limits no less than $******** combined single limit for property damage and bodily injury; (C) All Risk Property insurance covering the full value of all Alterations and improvements and betterments in the
Premises, naming Landlord and Landlord’s Mortgagee (as defined in Section 12(a)) as additional loss payees as their interests may appear; (D) All Risk Property insurance covering the full value of all furniture, trade fixtures
and personal property (including property of Tenant or others) in the Premises or otherwise placed in the Project by or on behalf of a Tenant Party (including Tenant’s Off-Premises Equipment) it being understood that no lack or inadequacy of
insurance by Tenant shall in any event make Landlord subject to any claim by virtue of any theft of or loss or damage to any uninsured or inadequately insured property; (E) contractual liability insurance sufficient to cover Tenant’s
indemnity obligations hereunder (but only if such contractual liability insurance is not already included in Tenant’s commercial general liability insurance policy); (F) worker’s compensation insurance in amounts not less than
statutorily required, and Employers’ Liability insurance with limits of not less than ***************** ($*********); (G) business interruption insurance in an amount that will reimburse Tenant for direct or indirect loss of earnings
attributable to all perils insured against under Section 11(a)(2)(C) or attributable to the prevention of access to the Building or Premises; (H) in the event Tenant performs any alterations or repairs in, on, or to the Premises,
Builder’s Risk Insurance on an All Risk basis (including collapse) on a completed value (non-reporting) form, or by endorsement including such coverage pursuant to Section 11(a)(2)(C) hereinabove, for full replacement value covering
all work incorporated in the Building and all materials and equipment in or about the Premises; and (I) such other insurance or any changes or endorsements to the insurance required herein, including increased limits of coverage, as Landlord,
or any mortgagee or lessor of Landlord, may reasonably require from time to time. Tenant’s insurance shall provide primary coverage to Landlord and shall not require contribution by any insurance maintained by Landlord, when any policy issued
to Landlord provides duplicate or similar coverage, and in such circumstance Landlord’s policy will be excess over Tenant’s policy. Tenant shall furnish to Landlord certificates of such insurance, with an additional insured endorsement in
form CG 2026 (11/85), and such other evidence satisfactory to Landlord of the 

  
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maintenance of all insurance coverages required hereunder at least ten (10) days prior to the earlier of the Commencement Date or the date Tenant enters or occupies the Premises, and at
least fifteen (15) days prior to each renewal of said insurance, and Tenant shall obtain a written obligation on the part of each insurance company to notify Landlord at least thirty (30) days before cancellation or a material change of
any such insurance policies. All such insurance policies shall be in form, and issued by companies with a Best’s rating of A:VII or better, reasonably satisfactory to Landlord. If Tenant fails to comply with the foregoing insurance requirements
or to deliver to Landlord the certificates or evidence of coverage required herein, Landlord, in addition to any other remedy available pursuant to this Lease or otherwise, may, but shall not be obligated to, obtain such insurance and Tenant shall
pay to Landlord on demand the premium costs thereof, plus an administrative fee of ******* percent (**%) of such cost. It is expressly understood and agreed that the foregoing minimum limits of insurance coverage shall not limit the liability of
Tenant for its acts or omissions as provided in this Lease. 
 (b) Landlord’s Insurance. Throughout the Term of this
Lease, Landlord shall maintain, as a minimum, the following insurance policies: (1) property insurance for the Building’s replacement value (excluding property required to be insured by Tenant), less a commercially-reasonable deductible if
Landlord so chooses; and (2) commercial general liability insurance in an amount of not less than $********. Landlord may, but is not obligated to, maintain such other insurance and additional coverages as it may deem necessary. Tenant shall
pay its Proportionate Share of the cost of all insurance carried by Landlord with respect to the Project or Complex, as applicable, as set forth on Exhibit C. The foregoing insurance policies and any other insurance carried by Landlord shall
be for the sole benefit of Landlord and under Landlord’s sole control, and Tenant shall have no right or claim to any proceeds thereof or any other rights thereunder. 

(c) No Subrogation. Landlord and Tenant each waives any claim it might have against the other for any damage to or theft,
destruction, loss, or loss of use of any property, to the extent the same is insured against under any insurance policy that covers the Building, the Premises, Landlord’s or Tenant’s fixtures, personal property, leasehold improvements, or
business, or is required to be insured against under the terms hereof, regardless of whether the negligence of the other party caused such Loss (defined below). Landlord and Tenant each hereby waive any right of subrogation and right of recovery or
cause of action for injury including death or disease to respective employees of either as covered by Worker’s Compensation (or which would have been covered if Tenant or Landlord as the case may be, was carrying the insurance as required by
this lease). Each party shall cause its insurance carrier to endorse all applicable policies waiving the carrier’s rights of recovery under subrogation or otherwise against the other party. 

(d) Indemnity. Subject to Section 11(c), Tenant shall indemnify, defend and hold harmless Landlord and the
Indemnitees from and against all claims, demands, liabilities, causes of action, suits, judgments, damages, and expenses (including attorneys’ fees) and all losses and damages arising from: (1) any injury to or death of any person or the
damage to or theft, destruction, loss, or loss of use of any property or inconvenience (a “Loss”) arising from any occurrence on the Premises, the use of the Common Areas by any Tenant Party, or arising out of the
installation, operation, maintenance, repair or removal of any of Tenant’s Off-Premises Equipment; or (2) Tenant’s failure to perform its obligations under this Lease, IN EACH CASE 

  
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EVEN THOUGH CAUSED OR ALLEGED TO BE CAUSED BY THE NEGLIGENCE OR FAULT OF LANDLORD OR ITS AGENTS (OTHER THAN A LOSS ARISING FROM THE SOLE OR GROSS NEGLIGENCE OF LANDLORD OR ITS AGENTS), AND EVEN
THOUGH ANY SUCH CLAIM, CAUSE OF ACTION, OR SUIT IS BASED UPON OR ALLEGED TO BE BASED UPON THE STRICT LIABILITY OF LANDLORD OR ITS AGENTS. THIS INDEMNITY IS INTENDED TO INDEMNIFY LANDLORD AND ITS AGENTS AGAINST THE CONSEQUENCES OF THEIR OWN
NEGLIGENCE OR FAULT AS PROVIDED ABOVE WHEN LANDLORD OR ITS AGENTS ARE JOINTLY, COMPARATIVELY, CONTRIBUTIVELY, OR CONCURRENTLY NEGLIGENT WITH TENANT. The indemnities set forth in this Section 11(d) shall survive termination or expiration
of this Lease and shall not terminate or be waived, diminished or affected in any manner by any abatement or apportionment of Rent under any provision of this Lease. If any proceeding is filed for which indemnity is required hereunder, Tenant
agrees, upon request therefor, to defend Landlord in such proceeding at its sole cost utilizing counsel satisfactory to Landlord in its sole discretion. 

12. Subordination; Attornment; Notice to Landlord’s Mortgagee. 

(a) Subordination. This Lease shall be subordinate to any deed of trust, mortgage, or other security instrument (each, a
“Mortgage”), or any ground lease, master lease, or primary lease (each, a “Primary Lease”), that now or hereafter covers all or any part of the Premises (the mortgagee under any such Mortgage,
beneficiary under any such deed of trust, or the lessor under any such Primary Lease is referred to herein as a “Landlord’s Mortgagee”). Any Landlord’s Mortgagee may elect at any time, unilaterally, to make this
Lease superior to its Mortgage, Primary Lease, or other interest in the Premises by so notifying Tenant in writing. The provisions of this Section shall be self-operative and no further instrument of subordination shall be required; however, in
confirmation of such subordination, Tenant shall execute and return to Landlord (or such other party designated by Landlord) within ten (10) days after written request therefor such documentation, in recordable form if required, as a
Landlord’s Mortgagee may reasonably request to evidence the subordination of this Lease to such Landlord’s Mortgagee’s Mortgage or Primary Lease (including a subordination, non-disturbance and attornment agreement) or, if the
Landlord’s Mortgagee so elects, the subordination of such Landlord’s Mortgagee’s Mortgage or Primary Lease to this Lease. 

(b) Attornment. Tenant shall attorn to any party succeeding to Landlord’s interest in the Premises, whether by purchase,
foreclosure, deed in lieu of foreclosure, power of sale, termination of lease, or otherwise, upon such party’s request, and shall execute such agreements confirming such attornment as such party may reasonably request. 

(c) Notice to Landlord’s Mortgagee. Tenant shall not seek to enforce any remedy it may have for any default on the part of
Landlord without first giving written notice by certified mail, return receipt requested, specifying the default in reasonable detail, to any Landlord’s Mortgagee whose address has been given to Tenant, and affording such Landlord’s
Mortgagee a reasonable opportunity to perform Landlord’s obligations hereunder. 

  
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 (d) Landlord’s Mortgagee’s Protection Provisions. If Landlord’s
Mortgagee shall succeed to the interest of Landlord under this Lease, Landlord’s Mortgagee shall not be: (1) liable for any act or omission of any prior lessor (including Landlord); (2) bound by any rent or additional rent or advance
rent which Tenant might have paid for more than one (1) month in advance to any prior lessor (including Landlord), and all such rent shall remain due and owing, notwithstanding such advance payment; (3) bound by any security or advance
rental deposit made by Tenant which is not delivered or paid over to Landlord’s Mortgagee and with respect to which Tenant shall look solely to Landlord for refund or reimbursement; (4) bound by any termination, amendment or modification
of this Lease made without Landlord’s Mortgagee’s consent and written approval, except for those terminations, amendments and modifications permitted to be made by Landlord without Landlord’s Mortgagee’s consent pursuant to the
terms of the loan documents between Landlord and Landlord’s Mortgagee; (5) subject to the defenses which Tenant might have against any prior lessor (including Landlord); and (6) subject to the offsets which Tenant might have against
any prior lessor (including Landlord) except for those offset rights which (A) are expressly provided in this Lease, (B) relate to periods of time following the acquisition of the Building by Landlord’s Mortgagee, and (C) Tenant
has provided written notice to Landlord’s Mortgagee and provided Landlord’s Mortgagee a reasonable opportunity to cure the event giving rise to such offset event. Landlord’s Mortgagee shall have no liability or responsibility under or
pursuant to the terms of this Lease or otherwise after it ceases to own an interest in the Building. Nothing in this Lease shall be construed to require Landlord’s Mortgagee to see to the application of the proceeds of any loan, and
Tenant’s agreements set forth herein shall not be impaired on account of any modification of the documents evidencing and securing any loan. 

13. Rules and Regulations. Tenant shall comply with the rules and regulations of the Building which are attached hereto as
Exhibit E. Landlord may, from time to time, change such rules and regulations for the safety, care, or cleanliness of the Building and related facilities, provided that such changes are applicable to all tenants of the Building, will not
unreasonably interfere with Tenant’s use of the Premises and are enforced by Landlord in a non-discriminatory manner. Tenant shall be responsible for the compliance with such rules and regulations by each Tenant Party. 

14. Condemnation. 

(a) Total Taking. If the entire Building or Premises are taken by right of eminent domain or conveyed in lieu thereof (a
“Taking”) this Lease shall terminate as of the date of the Taking. 
 (b) Partial Taking - Tenant’s
Rights. If any part of the Building becomes subject to a Taking and such Taking will prevent Tenant from conducting its business in the Premises in a manner reasonably comparable to that conducted immediately before such Taking for a period
of more than one hundred eighty (180) days, then Tenant may terminate this Lease as of the date of such Taking by giving written notice to Landlord within thirty (30) days after the Taking, and Rent shall be apportioned as of the date of
such Taking. If Tenant does not terminate this Lease, then Rent shall be abated on a reasonable basis as to that portion of the Premises rendered untenantable by the Taking. 

  
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 (c) Partial Taking - Landlord’s Rights. If any material portion, but less
than all, of the Building becomes subject to a Taking, or if Landlord is required to pay any of the proceeds arising from a Taking to a Landlord’s Mortgagee, then Landlord may terminate this Lease by delivering written notice thereof to Tenant
within thirty (30) days after such Taking, and Rent shall be apportioned as of the date of such Taking. If Landlord does not so terminate this Lease, then this Lease will continue, but if any portion of the Premises has been taken, Rent shall
abate as provided in the last sentence of Section 14(b). 
 (d) Award. If any Taking occurs, then Landlord shall receive
the entire award or other compensation for the Land, the Building, and other improvements taken; however, Tenant may separately pursue a claim (to the extent it will not reduce Landlord’s award) against the condemnor for the value of
Tenant’s personal property which Tenant is entitled to remove under this Lease, moving costs, loss of business, and other claims it may have. 

15. Fire or Other Casualty. 

(a) Repair Estimate. If the Premises or the Building are damaged by fire or other casualty (a
“Casualty”), Landlord shall use good faith efforts to deliver to Tenant within sixty (60) days after such Casualty a good faith estimate (the “Damage Notice”) of the time needed to repair the
damage caused by such Casualty. 
 (b) Tenant’s Rights. If a material portion of the Premises is damaged by Casualty such
that Tenant is prevented from conducting its business in the Premises in a manner reasonably comparable to that conducted immediately before such Casualty and Landlord estimates that the damage caused thereby cannot be repaired within one hundred
eighty (180) days after the commencement of repairs (the “Repair Period”), then Tenant may terminate this Lease by delivering written notice to Landlord of its election to terminate within thirty (30) days after the
Damage Notice has been delivered to Tenant. 
 (c) Landlord’s Rights. If a Casualty damages the Premises or a material
portion of the Building and: (1) Landlord estimates that the damage to the Premises cannot be repaired within the Repair Period; (2) the damage to the Premises exceeds fifty percent (50%) of the replacement cost thereof (excluding
foundations and footings), as estimated by Landlord, and such damage occurs during the last two (2) years of the Term; (3) regardless of the extent of damage to the Premises, Landlord makes a good faith determination that restoring the
Building would be uneconomical; or (4) Landlord is required to pay any insurance proceeds arising out of the Casualty to a Landlord’s Mortgagee, then Landlord may terminate this Lease by giving written notice of its election to terminate
within thirty (30) days after the Damage Notice has been delivered to Tenant. 
 (d) Repair Obligation. If neither party
elects to terminate this Lease following a Casualty, then Landlord shall, within a reasonable time after such Casualty, begin to repair the Premises and shall proceed with reasonable diligence to restore the Premises to substantially the same
condition as they existed immediately before such Casualty; however, other than building standard leasehold improvements Landlord shall not be required to repair or replace any Alterations or betterments within the Premises (which shall be promptly
and with due diligence repaired and restored by Tenant at Tenant’s sole cost and expense) or any furniture, equipment, trade fixtures or personal property of Tenant or others in the Premises or the Building, and Landlord’s obligation to
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extent of the insurance proceeds actually received by Landlord for the Casualty in question. If this Lease is terminated under the provisions of this Section 15, Landlord shall be
entitled to the full proceeds of the insurance policies providing coverage for all Alterations, improvements and betterments in the Premises (and, if Tenant has failed to maintain insurance on such items as required by this Lease, Tenant shall pay
Landlord an amount equal to the proceeds Landlord would have received had Tenant maintained insurance on such items as required by this Lease). 

(e) Abatement of Rent. If the Premises are damaged by Casualty, Rent for the portion of the Premises rendered untenantable by the
damage shall be abated on a reasonable basis from the date of damage until the completion of Landlord’s repairs (or until the date of termination of this Lease by Landlord or Tenant as provided above, as the case may be), unless a Tenant Party
caused such damage, in which case, Tenant shall continue to pay Rent without abatement. 
 16. Personal Property Taxes. Tenant
shall be liable for all taxes levied or assessed against personal property, furniture, or fixtures placed by Tenant in the Premises or in or on the Building or Project. If any taxes for which Tenant is liable are levied or assessed against Landlord
or Landlord’s property and Landlord elects to pay the same, or if the assessed value of Landlord’s property is increased by inclusion of such personal property, furniture or fixtures and Landlord elects to pay the taxes based on such
increase, then Tenant shall pay to Landlord, within thirty (30) days following written request therefor, the part of such taxes for which Tenant is primarily liable hereunder. 

17. Events of Default. Each of the following occurrences shall be an “Event of Default”: 

(a) Payment Default. Tenant’s failure to pay Rent within five (5) business days after the same is due; 

(b) Abandonment. Tenant abandons the Premises or any substantial portion thereof, or fails to continuously operate its business
in the Premises, abandonment being defined as Tenant’s vacation of the Premises and failure to meet one (1) or more lease obligations; 

(c) Estoppel/Financial Statement/Commencement Date Letter. Tenant fails to provide: (i) any estoppel certificate after
Landlord’s written request therefor pursuant to Section 26(e); (ii) any financial statement after Landlord’s written request therefor pursuant to Section 26(q); or (iii) the Confirmation of Commencement
Date in the form of Exhibit F as required by Section 3, and such failure shall continue for five (5) calendar days after Landlord’s second (2”) written notice thereof to Tenant; 

(d) Insurance. Tenant fails to procure, maintain and deliver to Landlord evidence of the insurance policies and coverages as
required under Section 11(a); 
 (e) Mechanic’s Liens. Tenant fails to pay and release of record, or
diligently contest and bond around, any mechanic’s lien filed against the Premises or the Project for any work performed, materials furnished, or obligation incurred by or at the request of Tenant, within the time and in the manner required by
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 (f) Other Defaults. Tenant’s failure to perform, comply with, or observe
any other agreement or obligation of Tenant under this Lease and the continuance of such failure for a period of thirty (30) calendar days or more after Landlord has delivered to Tenant written notice thereof; and 

(g) Insolvency. The filing of a petition by or against Tenant (the term “Tenant” shall include, for the
purpose of this Section 17(g), any guarantor of Tenant’s obligations hereunder): (1) in any bankruptcy or other insolvency proceeding; (2) seeking any relief under any state or federal debtor relief law; (3) for the
appointment of a liquidator or receiver for all or substantially all of Tenant’s property or for Tenant’s interest in this Lease; or (4) for the reorganization or modification of Tenant’s capital structure; however, if such a
petition is filed against Tenant, then such filing shall not be an Event of Default unless Tenant fails to have the proceedings initiated by such petition dismissed within sixty (60) calendar days after the filing thereof. 

18. Remedies. Upon any Event of Default, Landlord may, in addition to all other rights and remedies afforded Landlord hereunder
or by law or equity, take any one or more of the following actions: 
 (a) Termination of Lease. Terminate this Lease by giving
Tenant written notice thereof, in which event Tenant shall pay to Landlord the sum of: (1) all Rent accrued hereunder through the date of termination; (2) all amounts due under Section 19(a); and (3) an amount equal to
(A) the total Rent that Tenant would have been required to pay for the remainder of the Term discounted to present value at a per annum rate equal to the Prime Rate (“Prime Rate” shall be the per annum interest rate
publicly announced by a federally insured bank selected by Landlord in the state in which the Premises is located as such bank’s prime or base rate) minus one percent (1%), minus (B) the then present fair rental value of the Premises for
such period, similarly discounted; 
 (b) Termination of Possession. Terminate Tenant’s right to possess the Premises
without terminating this Lease by giving written notice thereof to Tenant, in which event Tenant shall pay to Landlord: (1) all Rent and other amounts accrued hereunder to the date of termination of possession; (2) all amounts due from
time to time under Section 19(a); and (3) all Rent and other net sums required hereunder to be paid by Tenant during the remainder of the Term, diminished by any net sums thereafter received by Landlord through reletting the
Premises during such period, after deducting all costs incurred by Landlord in reletting the Premises. If Landlord elects to proceed under this Section 18(b), Landlord may remove all of Tenant’s property from the Premises and store
the same in a public warehouse or elsewhere at the cost of, and for the account of, Tenant, without becoming liable for any loss or damage which may be occasioned thereby. Landlord shall use commercially reasonable efforts to relet the Premises on
such terms as Landlord in its sole discretion may determine (including a term different from the Term, rental concessions, and alterations to, and improvement of, the Premises); however, Landlord shall not be obligated to expend funds in connection
with reletting the Premises, nor to relet the Premises before leasing other portions of the Building or Complex, as applicable, and Landlord shall not be obligated to accept any prospective tenant proposed by Tenant unless such proposed tenant meets
all of Landlord’s leasing criteria. Landlord shall not be liable for, nor shall Tenant’s obligations hereunder be diminished because of, Landlord’s failure to relet the Premises 

  
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or to collect rent due for such reletting. Tenant shall not be entitled to the excess of any consideration obtained by reletting over the Rent due hereunder. Reentry by Landlord in the Premises
shall not affect Tenant’s obligations hereunder for the unexpired Term; rather, Landlord may, from time to time, bring an action against Tenant to collect amounts due by Tenant, without the necessity of Landlord’s waiting until the
expiration of the Term. Unless Landlord delivers written notice to Tenant expressly stating that it has elected to terminate this Lease, all actions taken by Landlord to dispossess or exclude Tenant from the Premises shall be deemed to be taken
under this Section 18(b). If Landlord elects to proceed under this Section 18(b), it may at any time elect to terminate this Lease under Section 18(a); 

(c) Perform Acts on Behalf of Tenant. Perform any act Tenant is obligated to perform under the terms of this Lease (and enter
upon the Premises in connection therewith if necessary) in Tenant’s name and on Tenant’s behalf, without being liable for any claim for damages therefor, and Tenant shall reimburse Landlord on demand for any expenses which Landlord may
incur in thus effecting compliance with Tenant’s obligations under this Lease (including, but not limited to, collection costs and legal expenses), plus interest thereon at the Default Rate; or 

(d) Alteration of Locks. Additionally, with or without notice, and to the extent permitted by Law, Landlord may alter locks or
other security devices at the Premises to deprive Tenant of access thereto, and Landlord shall not be required to provide a new key or right of access to Tenant. 

19. Payment by Tenant; Non-Waiver; Cumulative Remedies. 

(a) Payment by Tenant. Upon any Event of Default, Tenant shall pay to Landlord all costs incurred by Landlord (including court
costs and reasonable attorneys’ fees and expenses) in: (1) obtaining possession of the Premises; (2) removing and storing Tenant’s or any other occupant’s property; (3) repairing, restoring, altering, remodeling, or
otherwise putting the Premises into condition acceptable to a new tenant; (4) if Tenant is dispossessed of the Premises and this Lease is not terminated, reletting all or any part of the Premises (including brokerage commissions, cost of tenant
finish work, and other costs incidental to such reletting); (5) performing Tenant’s obligations which Tenant failed to perform; and (6) enforcing, or advising Landlord of, its rights, remedies, and recourses arising out of the Event
of Default. To the full extent permitted by Law, Landlord and Tenant agree the federal and state courts of the state in which the Premises are located shall have exclusive jurisdiction over any matter relating to or arising from this Lease and the
parties’ rights and obligations under this Lease. 
 (b) No Waiver. Landlord’s acceptance of Rent following an Event
of Default shall not waive Landlord’s rights regarding such Event of Default. No waiver by Landlord of any violation or breach of any of the terms contained herein shall waive Landlord’s rights regarding any future violation of such term.
Landlord’s acceptance of any partial payment of Rent shall not waive Landlord’s rights with regard to the remaining portion of the Rent that is due, regardless of any endorsement or other statement on any instrument delivered in payment of
Rent or any writing delivered in connection therewith; accordingly, Landlord’s acceptance of a partial payment of Rent shall not constitute an accord and satisfaction of the full amount of the Rent that is due. 

  
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 (c) Cumulative Remedies. Any and all remedies set forth in this Lease:
(1) shall be in addition to any and all other remedies Landlord may have at law or in equity; (2) shall be cumulative; and (3) may be pursued successively or concurrently as Landlord may elect. The exercise of any remedy by Landlord
shall not be deemed an election of remedies or preclude Landlord from exercising any other remedies in the future. 
 20.
Landlord’s Lien. In addition to any statutory landlord’s lien now in effect or hereafter enacted, Tenant grants to Landlord, to secure performance of Tenant’s obligations hereunder, a security interest in all of
Tenant’s property situated in or upon, or used in connection with, the Premises or the Project, and all proceeds thereof (except merchandise sold in the ordinary course of business) (collectively, the “Collateral”), and
the Collateral shall not be removed from the Premises or the Project without the prior written consent of Landlord until all obligations of Tenant have been fully performed. Such personalty thus encumbered includes specifically all trade and other
fixtures for the purpose of this Section 20 and inventory, equipment, contract rights, accounts receivable and the proceeds thereof. Upon the occurrence of an Event of Default, Landlord may, in addition to all other remedies, without
notice or demand except as provided below, exercise the rights afforded to a secured party under the Uniform Commercial Code of the state in which the Premises are located (the “UCC”). To the extent the UCC requires Landlord
to give to Tenant notice of any act or event and such notice cannot be validly waived before a default occurs, then five (5) days’ prior written notice thereof shall be reasonable notice of the act or event. In order to perfect such
security interest, Landlord may file any financing statement or other instrument necessary at Tenant’s expense at the state and county Uniform Commercial Code filing offices. Tenant grants to Landlord a power of attorney to execute and file any
financing statement or other instrument necessary to perfect Landlord’s security interest under this Section 20, which power is coupled with an interest and is irrevocable during the Term. Landlord may also file a copy of this Lease
as a financing statement to perfect its security interest in the Collateral. Within ten (10) days following written request therefor, Tenant shall execute financing statements to be filed of record to perfect Landlord’s security interest
in the Collateral. The landlord’s lien shall survive the expiration or earlier termination of the Lease, until all obligations of Tenant have been fully performed. 

21. Surrender of Premises. No act by Landlord shall be deemed an acceptance of a surrender of the Premises, and no agreement to
accept a surrender of the Premises shall be valid unless it is in writing and signed by Landlord. At the expiration or termination of this Lease, Tenant shall deliver to Landlord the Premises with all improvements located therein in good repair and
condition, free of Hazardous Materials placed on the Premises during the Term, broom-clean, reasonable wear and tear (and condemnation and Casualty damage, as to which Section 14 and Section 15 shall control) excepted, and
shall deliver to Landlord all keys to the Premises. Provided that Tenant has performed all of its obligations hereunder, Tenant may remove all unattached trade fixtures, furniture, and personal property placed in the Premises or elsewhere in the
Building by Tenant (but Tenant may not remove any such item which was paid for, in whole or in part, by Landlord or any wiring or cabling unless Landlord requires such removal). Additionally, at Landlord’s option, Tenant shall (not later than
ten (10) days after the expiration or earlier termination of the Lease) remove such alterations, additions (including stairs and bank vaults), improvements, trade fixtures, personal property, equipment, wiring, conduits, cabling and furniture
(including Tenant’s Off-Premises Equipment) as Landlord may request. Tenant shall repair all damage caused by such removal. All items not so removed shall, at 

  
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Landlord’s option, be deemed to have been abandoned by Tenant and may be appropriated, sold, stored, destroyed, or otherwise disposed of by Landlord at Tenant’s cost without notice to
Tenant and without any obligation to account for such items; any such disposition shall not be considered a strict foreclosure or other exercise of Landlord’s rights in respect of the security interest granted under Section 20. The
provisions of this Section 21 shall survive the expiration or earlier termination of the Lease. 
 22. Holding
Over. If Tenant fails to vacate the Premises at the end of the Term, then Tenant shall be a tenant at sufferance and, in addition to all other damages and remedies to which Landlord may be entitled for such holding over: (a) Tenant
shall pay, in addition to the other Rent, Base Rent equal to the greater of: (1) ********** percent (***%) of the Base Rent payable during the last month of the Term, or (2) ******************** percent (***%) of the prevailing rental rate
in the Building for similar space; and (b) Tenant shall otherwise continue to be subject to all of Tenant’s obligations under this Lease. The provisions of this Section 22 shall not be deemed to limit or constitute a waiver of
any other rights or remedies of Landlord provided herein or at Law. If Tenant fails to surrender the Premises upon the termination or expiration of this Lease, in addition to any other liabilities to Landlord accruing therefrom, Tenant shall
protect, defend, indemnify and hold Landlord harmless from all loss, costs (including reasonable attorneys’ fees) and liability resulting from such failure, including any claims made by any succeeding tenant founded upon such failure to
surrender, and any lost profits to Landlord resulting therefrom. Notwithstanding the foregoing, if Tenant holds over with Landlord’s express written consent, then Tenant shall be a month-to-month tenant and Tenant shall pay, in addition to the
other Rent, Base Rent equal to ****************** percent (***%) of the Base Rent payable during the last month of the Term. 
 23.
Certain Rights Reserved by Landlord. Landlord shall have the following rights: 
 (a) Building Operations. To
decorate and to make inspections, repairs, alterations, additions, changes, or improvements, whether structural or otherwise, in and about the Project or Complex, as applicable, or any part thereof; to enter upon the Premises (after giving Tenant
reasonable notice thereof, which may be oral notice, except in cases of real or apparent emergency, in which case no notice shall be required) and, during the continuance of any such work, to temporarily close doors, entryways, public space, and
corridors in the Building; to interrupt or temporarily suspend Building services and facilities; to change the name of the Building; and to change the arrangement and location of entrances or passageways, doors, and doorways, corridors, elevators,
stairs, restrooms, or other public parts of the Building; 
 (b) Security. To take such reasonable security measures as
Landlord deems advisable (provided, however, that any such security measures are for Landlord’s own protection, and Tenant acknowledges that Landlord is not a guarantor of the security or safety of any Tenant Party and that such security
matters are the responsibility of Tenant); including evacuating the Building for cause, suspected cause, or for drill purposes; temporarily denying access to the Building; and closing the Building after Normal Business Hours and on Sundays and
Holidays, subject, however, to Tenant’s right to enter when the Building is closed after Normal Business Hours under such reasonable regulations as Landlord may prescribe from time to time; 

  
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 (c) Repairs and Maintenance. To enter the Premises at all reasonable hours to
perform Landlord’s repair and maintenance obligations and rights under the Lease; and 
 (d) Prospective Purchasers and
Lenders. To enter the Premises at all reasonable hours to show the Premises to prospective purchasers or lenders; and 
 (e)
Prospective Tenants. At any time during the last twelve (12) months of the Term (or earlier if Tenant has notified Landlord in writing that it does not desire to renew the Term) or at any time following the occurrence of an Event
of Default, to enter the Premises at all reasonable hours to show the Premises to prospective tenants. 
 24. Substitution
Space. Intentionally Deleted 
 25. Hazardous Materials. 

(a) During the term of this Lease, Tenant shall comply with all Environmental Laws (as defined in Section 25(i) below) applicable
to the operation or use of the Premises, will cause all other persons occupying or using the Premises to comply with all such Environmental Laws, will immediately pay or cause to be paid all costs and expenses incurred by reason of such compliance.

 (b) Tenant shall not generate, use, treat, store, handle, release or dispose of, or permit the generation, use, treatment, storage,
handling, release or disposal of Hazardous Materials (as defined in Section 25(i) hereof) on the Premises, or the Complex, or transport or permit the transportation of Hazardous Materials to or from the Premises or the Complex except for
limited quantities of household cleaning products and office supplies used or stored at the Premises and required in connection with the routine operation and maintenance of the Premises, and in compliance with all applicable Environmental Laws.

 (c) At any time and from time to time during the term of this Lease, Landlord may perform, at Tenant’s sole cost and expense, an
environmental site assessment report concerning the Premises, prepared by an environmental consulting firm chosen by Landlord, indicating the presence or absence of Hazardous Materials caused or permitted by Tenant and the potential cost of any
compliance, removal or remedial action in connection with any such Hazardous Materials on the Premises. Tenant shall grant and hereby grants to Landlord and its agents access to the Premises and specifically grants Landlord an irrevocable
non-exclusive license to undertake such an assessment; and the cost of such assessment shall be immediately due and payable within thirty (30) days of receipt of an invoice therefor. 

(d) Tenant will immediately advise Landlord in writing of any of the following: (1) any pending or threatened Environmental Claim (as
defined in Section 25(i) below) against Tenant relating to the Premises or the Complex; (2) any condition or occurrence on the Premises or the Complex that (a) results in noncompliance by Tenant with any applicable
Environmental Law, or (b) could reasonably be anticipated to form the basis of an Environmental Claim against Tenant or Landlord or the Premises; (3) any condition or occurrence on the Premises or any property adjoining the Premises that
could reasonably be anticipated to cause the Premises to be subject to any restrictions on the ownership, occupancy, use or transferability of the Premises under any Environmental Law; and (4) the actual or

  
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anticipated taking of any removal or remedial action by Tenant in response to the actual or alleged presence of any Hazardous Material on the Premises or the Complex. All such notices shall
describe in reasonable detail the nature of the claim, investigation, condition, occurrence or removal or remedial action and Tenant’s response thereto. In addition, Tenant will provide Landlord with copies of all communications regarding the
Premises with any governmental agency relating to Environmental Laws, all such communications with any person relating to Environmental Claims, and such detailed reports of any such Environmental Claim as may reasonably be requested by Landlord.

 (e) Tenant will not change or permit to be changed the present use of the Premises. 

(f) Tenant agrees to indemnify, defend and hold harmless the Indemnitees from and against all obligations (including removal and remedial
actions), losses, claims, suits, judgments, liabilities, penalties, damages (including consequential and punitive damages), costs and expenses (including reasonable attorneys’ and consultants’ fees and expenses) of any kind or nature
whatsoever that may at any time be incurred by, imposed on or asserted against such Indemnitees directly or indirectly based on, or arising or resulting from (a) the actual or alleged presence of Hazardous Materials on the Complex which is
caused or permitted by Tenant or a Tenant Party and (b) any Environmental Claim relating in any way to Tenant’s operation or use of the Premises (the “Hazardous Materials Indemnified Matters”). The provisions of
this Section 25 shall survive the expiration or sooner termination of this Lease. 
 (g) To the extent that the undertaking in
the preceding paragraph may be unenforceable because it is violative of any law or public policy, Tenant will contribute the maximum portion that it is permitted to pay and satisfy under applicable Law to the payment and satisfaction of all
Hazardous Materials Indemnified Matters incurred by the Indemnitees. 
 (h) All sums paid and costs incurred by Landlord with respect to any
Hazardous Materials Indemnified Matter shall bear interest at the Default Rate from the date so paid or incurred until reimbursed by Tenant, and all such sums and costs shall be immediately due and payable on demand. 

(i) “Hazardous Materials” means: (i) petroleum or petroleum products, natural or synthetic gas, asbestos in any
form that is or could become friable, urea formaldehyde foam insulation, and radon gas; (ii) any substances defined as or included in the definition of “hazardous substances,” “hazardous wastes,” “hazardous
materials,” “extremely hazardous wastes,” “restricted hazardous wastes,” “toxic substances,” “toxic pollutants,” “contaminants” or “pollutants,” or words of similar import, under any
applicable Environmental Law; and (iii) any other substance exposure which is regulated by any governmental authority; (b) “Environmental Law” means any federal, state or local statute, law, rule, regulation, ordinance, code,
policy or rule of common law now or hereafter in effect and in each case as amended, and any judicial or administrative interpretation thereof, including any judicial or administrative order, consent decree or judgment, relating to the environment,
health, safety or Hazardous Materials, including without limitation, the Comprehensive Environmental Response, Compensation, and Liability Act of 1980, 42 U.S.C. §§ 9601 et seq.; the Resource Conservation and Recovery Act, 42 U.S.C.
§§ 6901 et seq.; the Hazardous Materials Transportation Act, 49 U.S.C. §§ 1801 et seq.; the 

  
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Clean Water Act, 33 U.S.C. §§ 1251 et seq.; the Toxic Substances Control Act, 15 U.S.C. §§ 2601 et seq.; the Clean Air Act, 42 U.S.C. §§ 7401 et seq.; the Safe
Drinking Water Act, 42 U.S.C. §§ 300f et seq.; the Atomic Energy Act, 42 U.S.C. §§ 2011 et seq.; the Federal Insecticide, Fungicide and Rodenticide Act, 7 U.S.C. §§ 136 et seq.; the Occupational Safety and Health Act,
29 U.S.C. §§ 651 et seq.; (c) “Environmental Claims” means any and all administrative, regulatory or judicial actions, suits, demands, demand letters, claims, liens, notices of non-compliance or violation, investigations,
proceedings, consent orders or consent agreements relating in any way to any Environmental Law or any Environmental Permit, including without limitation (i) any and all Environmental Claims by governmental or regulatory authorities for
enforcement, cleanup, removal, response, remedial or other actions or damages pursuant to any applicable Environmental Law and (ii) any and all Environmental Claims by any third party seeking damages, contribution, indemnification, cost
recovery, compensation or injunctive relief resulting from Hazardous Materials or arising from alleged injury or threat of injury to health, safety or the environment. 

26. Miscellaneous. 

(a) Landlord Transfer. Landlord may transfer any portion of the Building and any of its rights under this Lease. If Landlord
assigns its rights under this Lease, then Landlord shall thereby be released from any further obligations hereunder arising after the date of transfer, provided that the assignee assumes Landlord’s obligations hereunder in writing. 

(b) Landlord’s Liability. The liability of Landlord (and its partners, shareholders or members) to Tenant (or any person or
entity claiming by, through or under Tenant) for any default by Landlord under the terms of this Lease or any matter relating to or arising out of the occupancy or use of the Premises and/or other areas of the Building or Complex shall be limited to
Tenant’s actual direct, but not consequential, damages therefor and shall be recoverable only from the interest of Landlord in the Building, and Landlord (and its partners, shareholders or members) shall not be personally liable for any
deficiency. Additionally, to the extent allowed by Law, Tenant hereby waives any statutory lien it may have against Landlord or its assets, including without limitation, the Building. 

(c) Force Majeure. Other than for Tenant’s obligations under this Lease that can be performed by the payment of money (e.g.,
payment of Rent and maintenance of insurance), whenever a period of time is herein prescribed for action to be taken by either party hereto, such party shall not be liable or responsible for, and there shall be excluded from the computation of any
such period of time, any delays due to strikes, riots, acts of God, shortages of labor or materials, war, governmental laws, regulations, or restrictions, or any other causes of any kind whatsoever which are beyond the control of such party. 

(d) Brokerage. Neither Landlord nor Tenant has dealt with any broker or agent in connection with the negotiation or execution of
this Lease, other than as set forth in the Basic Lease Information. Tenant shall indemnify, defend and hold Landlord harmless from and against all costs, expenses, attorneys’ fees, liens and other liability for commissions or other compensation
claimed by any broker or agent claiming the same by, through, or under Tenant. The foregoing indemnity shall survive the expiration or earlier termination of the Lease. 

  
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 (e) Estoppel Certificates. From time to time, Tenant shall furnish to any party
designated by Landlord, within ten (10) days after Landlord has made a request therefor, a certificate signed by Tenant confirming and containing such factual certifications and representations as to this Lease as Landlord may reasonably
request. Unless otherwise required by Landlord’s Mortgagee or a prospective purchaser or mortgagee of the Building, the initial form of estoppel certificate to be signed by Tenant is attached hereto as Exhibit G. 

(f) Notices. All notices and other communications given pursuant to this Lease shall be in writing and shall be: (1) mailed
by first class, United States Mail, postage prepaid, certified, with return receipt requested, and addressed to the parties hereto at the address specified in the Basic Lease Information; (2) hand delivered to the intended addressee;
(3) sent by a nationally recognized overnight courier service; or (4) sent by facsimile transmission during Normal Business Hours followed by a copy of such notice sent in another manner permitted hereunder. All notices shall be effective
upon the earlier to occur of actual receipt, one (1) Business Day following deposit with a nationally recognized overnight courier service, or three (3) days following deposit in the United States mail. The parties hereto may change their
addresses by giving notice thereof to the other in conformity with this provision. 
 (g) Separability. If any clause or
provision of this Lease is illegal, invalid, or unenforceable under present or future laws, then the remainder of this Lease shall not be affected thereby and in lieu of such clause or provision, there shall be added as a part of this Lease a clause
or provision as similar in terms to such illegal, invalid, or unenforceable clause or provision as may be possible and be legal, valid, and enforceable. 

(h) Amendments; Binding Effect. This Lease may not be amended except by instrument in writing signed by Landlord and Tenant. No
provision of this Lease shall be deemed to have been waived by Landlord unless such waiver is in writing signed by Landlord, and no custom or practice which may evolve between the parties in the administration of the terms hereof shall waive or
diminish the right of Landlord to insist upon the performance by Tenant in strict accordance with the terms hereof. The terms and conditions contained in this Lease shall inure to the benefit of and be binding upon the parties hereto, and upon their
respective successors in interest and legal representatives, except as otherwise herein expressly provided. This Lease is for the sole benefit of Landlord and Tenant, and, other than Landlord’s Mortgagee, no third party shall be deemed a third
party beneficiary hereof. 
 (i) Quiet Enjoyment. Provided Tenant has performed all of its obligations hereunder, Tenant shall
peaceably and quietly hold and enjoy the Premises for the Term, without hindrance from Landlord or any party claiming by, through, or under Landlord, but not otherwise, subject to the terms and conditions of this Lease. 

(j) No Merger. There shall be no merger of the leasehold estate hereby created with the fee estate in the Premises or any part
thereof if the same person acquires or holds, directly or indirectly, this Lease or any interest in this Lease and the fee estate in the leasehold Premises or any interest in such fee estate. 

  
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 (k) No Offer. The submission of this Lease to Tenant shall not be construed as
an offer, and Tenant shall not have any rights under this Lease unless Landlord executes a copy of this Lease and delivers it to Tenant. 

(l) Entire Agreement. This Lease constitutes the entire agreement between Landlord and Tenant regarding the subject matter hereof
and supersedes all oral statements and prior writings relating thereto. Except for those set forth in this Lease, no representations, warranties, or agreements have been made by Landlord or Tenant to the other with respect to this Lease or the
obligations of Landlord or Tenant in connection therewith. The normal rule of construction that any ambiguities be resolved against the drafting party shall not apply to the interpretation of this Lease or any exhibits or amendments hereto. 

(m) Waiver of Jury Trial. TO THE MAXIMUM EXTENT PERMITTED BY LAW, LANDLORD AND TENANT EACH WAIVE ANY RIGHT TO TRIAL BY JURY IN
ANY LITIGATION OR TO HAVE A JURY PARTICIPATE IN RESOLVING ANY DISPUTE ARISING OUT OF OR WITH RESPECT TO THIS LEASE OR ANY OTHER INSTRUMENT, DOCUMENT OR AGREEMENT EXECUTED OR DELIVERED IN CONNECTION HEREWITH OR THE TRANSACTIONS RELATED HERETO. 

(n) Governing Law. This Lease shall be governed by and construed in accordance with the laws of the state in which the Premises
are located. 
 (o) Recording. Tenant shall not record this Lease or any memorandum of this Lease without the prior written
consent of Landlord, which consent may be withheld or denied in the sole and absolute discretion of Landlord, and any recordation by Tenant shall be a material breach of this Lease. Tenant grants to Landlord a power of attorney to execute and record
a release releasing any such recorded instrument of record that was recorded without the prior written consent of Landlord, which power of attorney is coupled with an interest and is non-revocable during the Term. 

(p) Joint and Several Liability. If Tenant is comprised of more than one (1) party, each such party shall be jointly and
severally liable for Tenant’s obligations under this Lease. All unperformed obligations of Tenant hereunder not fully performed at the end of the Term shall survive the end of the Term, including payment obligations with respect to Rent and all
obligations concerning the condition and repair of the Premises. 
 (q) Financial Reports. Within fifteen (15) days after
Landlord’s request, Tenant will furnish Tenant’s most recent audited financial statements (including any notes to them) to Landlord, or, if no such audited statements have been prepared, such other financial statements (and notes to them)
as may have been prepared by an independent certified public accountant or, failing those, Tenant’s internally prepared financial statements. If Tenant is a publicly traded corporation, Tenant may satisfy its obligations hereunder by providing
to Landlord Tenant’s most recent annual and quarterly reports. Tenant will discuss its financial statements with Landlord and, following the occurrence of an Event of Default hereunder, will give Landlord access to Tenant’s books and
records in order to enable Landlord to verify the financial statements. Landlord will not disclose any aspect of Tenant’s financial statements that Tenant designates to Landlord as confidential except: (1) to Landlord’s Mortgagee or
prospective 

  
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 CONFIDENTIAL TREATMENT REQUESTED by Markit Ltd. 

 

 
mortgagees or purchasers of the Building; (2) in litigation between Landlord and Tenant; and (3) if required by court order. Tenant shall not be required to deliver the financial
statements required under this Section 26(q) more than once in any twelve (12) month period unless requested by Landlord’s Mortgagee or a prospective buyer or lender of the Building or an Event of Default occurs. 

(r) Landlord’s Fees. Whenever Tenant requests Landlord to take any action not required of it hereunder or give any consent
required or permitted under this Lease, Tenant will reimburse Landlord for Landlord’s reasonable, out-of-pocket costs payable to third parties and incurred by Landlord in reviewing the proposed action or consent, including reasonable
attorneys’, engineers’ or architects’ fees, within thirty (30) days after Landlord’s delivery to Tenant of a statement of such costs. Tenant will be obligated to make such reimbursement without regard to whether Landlord
consents to any such proposed action. 
 (s) Telecommunications. Tenant and its telecommunications companies, including local
exchange telecommunications companies and alternative access vendor services companies, shall have no right of access to and within the Building, for the installation and operation of telecommunications systems, including voice, video, data,
Internet, and any other services provided over wire, fiber optic, microwave, wireless, and any other transmission systems (“Telecommunications Services”), for part or all of Tenant’s telecommunications within the
Building and from the Building to any other location without Landlord’s prior written consent. All providers of Telecommunications Services shall be required to comply with the rules and regulations of the Building, applicable Laws and
Landlord’s policies and practices for the Building. Tenant acknowledges that Landlord shall not be required to provide or arrange for any Telecommunications Services and that Landlord shall have no liability to any Tenant Party in connection
with the installation, operation or maintenance of Telecommunications Services or any equipment or facilities relating thereto. Tenant, at its cost and for its own account, shall be solely responsible for obtaining all Telecommunications Services.

 (t) Confidentiality. Tenant acknowledges that the terms and conditions of this Lease are to remain confidential for
Landlord’s benefit, and may not be disclosed by Tenant to anyone, by any manner or means, directly or indirectly, without Landlord’s prior written consent. The consent by Landlord to any disclosures shall not be deemed to be a waiver on
the part of Landlord of any prohibition against any future disclosure. 
 (u) Authority. Tenant (if a corporation, partnership
or other business entity) hereby represents and warrants to Landlord that Tenant is a duly formed and existing entity qualified to do business in the state in which the Premises are located, that Tenant has full right and authority to execute and
deliver this Lease, and that each person signing on behalf of Tenant is authorized to do so. 

  
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 CONFIDENTIAL TREATMENT REQUESTED by Markit Ltd. 

 

 (v) List of Exhibits. All exhibits and attachments attached hereto are
incorporated herein by this reference. 
  

			
	Exhibit A -	  	Outline of Premises
	Exhibit B -	  	Description of the Land
	Exhibit C -	  	Additional Rent, Taxes and Insurance
	Exhibit D -	  	Tenant Finish-Work
	Exhibit E -	  	Building Rules and Regulations
	Exhibit F -	  	Form of Confirmation of Commencement Date Letter
	Exhibit G -	  	Form of Tenant Estoppel Certificate
	Exhibit H -	  	Parking
	Exhibit I -	  	Renewal Option
	Exhibit J -	  	Intentionally Deleted
	Exhibit K -	  	Termination Option

 27. USA Patriot Act And Anti-Terrorism Laws. 

(a) Tenant represents and warrants to, and covenants with, Landlord that neither Tenant nor any of its respective constituent owners or
affiliates currently are, or shall be at any time during the Term hereof, in violation of any laws relating to terrorism or money laundering (collectively, the “Anti-Terrorism Laws”), including without limitation Executive
Order No. 13224 on Terrorist Financing, effective September 24, 2001 and relating to Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit, or Support Terrorism (the “Executive
Order”) and/or the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (Public Law 107-56) (the “USA Patriot Act”). 

(b) Tenant covenants with Landlord that neither Tenant nor any of its respective constituent owners or affiliates is or shall be during the
Term hereof a “Prohibited Person,” which is defined as follows: (i) a person or entity that is listed in the Annex to, or is otherwise subject to, the provisions of the Executive Order; (ii) a person or entity owned
or controlled by, or acting for or on behalf of, any person or entity that is listed in the Annex to, or is otherwise subject to the provisions of, the Executive Order; (iii) a person or entity with whom Landlord is prohibited from dealing with
or otherwise engaging in any transaction by any Anti-Terrorism Law, including without limitation the Executive Order and the USA Patriot Act; (iv) a person or entity who commits, threatens or conspires to commit or support
“terrorism” as defined in Section 3(d) of the Executive Order; (v) a person or entity that is named as a “specially designated national and blocked person” on the then-most current list published by the
U.S. Treasury Department Office of Foreign Assets Control at its official website, http://www.treas.gov/offices/eotffc/ofac/sdn/tllsdn.pdf, or at any replacement website or other replacement official publication of such list; and (vi) a person
or entity who is affiliated with a person or entity listed in items (i) through (v), above. 
 (c) At any time and from time-to-time
during the Tenn, Tenant shall deliver to Landlord, within ten (10) days after receipt of a written request therefor, a written certification or such other evidence reasonably acceptable to Landlord evidencing and confirming Tenant’s
compliance with this Section 27. 
 28. Other Provisions. 

LANDLORD AND TENANT EXPRESSLY DISCLAIM ANY IMPLIED WARRANTY THAT THE PREMISES ARE SUITABLE FOR TENANT’S INTENDED COMMERCIAL PURPOSE, AND TENANT’S
OBLIGATION TO PAY RENT HEREUNDER IS NOT DEPENDENT 

  
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UPON THE CONDITION OF THE PREMISES OR THE PERFORMANCE BY LANDLORD OF ITS OBLIGATIONS HEREUNDER, AND, EXCEPT AS OTHERWISE EXPRESSLY PROVIDED HEREIN, TENANT SHALL CONTINUE TO PAY THE RENT, WITHOUT
ABATEMENT, DEMAND, SETOFF OR DEDUCTION, NOTWITHSTANDING ANY BREACH BY LANDLORD OF ITS DUTIES OR OBLIGATIONS HEREUNDER, WHETHER EXPRESS OR IMPLIED. 

This Lease is executed on the respective dates set forth below, but for reference purposes, this Lease shall be dated as of the date first
above written. If the execution date is left blank, this Lease shall be deemed executed as of the date first written above. 
  

							
	LANDLORD	 		 	 FLATIRON BOULDER OFFICE, INC.,
 a
Texas corporation

				
		 		 	By:	 	 /s/ Terrell W. Bolko

		 		 		 	Name: Terrell W. Bolko
		 		 		 	Title: Vice President
		 		 		 	Execution Date: 1/18/2007

  

							
	TENANT	 		 	 WALL STREET ON DEMAND, INC.
 a
Delaware corporation

				
		 		 	By:	 	 /s/ James Tanay

		 		 		 	Name: /s/ James Tanay
		 		 		 	Title: CEO
		 		 		 	Execution Date: 1/18/07

  

					
		 	ATTEST:
			
		 	By:	 	 /s/ Jessica Pappas

		 		 	Name: Jessica Pappas
		 		 	Title: Director of Administration
		 		 	Execution Date: 1/8/07

  
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 FIRST AMENDMENT TO LEASE AGREEMENT 

THIS FIRST AMENDMENT TO LEASE AGREEMENT (“Amendment”) is entered into effective as of the 31st day of January, 2008 (the
“Effective Date”), by and between FLATIRON BOULDER OFFICE, INC., a Texas corporation (“Landlord”), and WALL STREET ON DEMAND, INC., a Delaware corporation (“Tenant”). 

Recitals: 
 A. On or about
January 8, 2006, Landlord and Tenant entered into a written Office Lease Agreement (the “Lease”) pertaining to approximately 15,876 rentable square feet (“RSF’’) of space commonly known as Suite 100, located at 5775
Flatiron Parkway, Boulder, Colorado (the “Original Premises”). 
 B. Landlord and Tenant desire to amend the Lease in the manner
and form hereinafter set forth. 
 C. Initially capitalized terms not otherwise defined herein shall have the meaning ascribed to them in the
Lease. 
 NOW, THEREFORE, for good and valuable consideration, Landlord and Tenant hereby agrees as follows: 

1. Expansion Premises. Commencing on April l, 2008 (the “Expansion Commencement Date”), and continuing throughout the Term of the Lease (it
being the intent hereunder that the lease for the Expansion Premises shall end co-terminously with the lease for the Original Premises), in addition to the Original Premises, Landlord shall lease to Tenant, and Tenant shall rent from Landlord, the
additional space in the Building known as Suite 110 consisting of a total of approximately 10,672 RSF, as more particularly depicted and cross-hatched on Exhibit A, attached hereto and incorporated herein by this reference (collectively, the
“Expansion Premises”). As of the Expansion Commencement Date all references in the Lease to the Premises shall mean the Original Premises and the Expansion Premises. consisting (in total) of approximately 26,548 RSF (collectively, the
‘‘Total Premises”). 
 2. Term. The Term for the Original Premises shall expire at 12:00 midnight on December 31, 2017. The term
for the Expansion Premises shall be One Hundred Seventeen (117) months and shall commence on the Expansion Commencement Date and expire co-terminously with Term of the Lease at 12:00 midnight on December 31, 2017 (the “Term”).

 3. Base Rent. 
 A. Existing
Premises. Commencing on the Effective Date and continuing throughout the Term of the Lease, Tenant shall pay Base Rent for the Original Premises without regard to this Amendment. 

  
 *** Information has been
omitted and filed separately with the Securities and Exchange Commission. Confidential 
 Treatment has been requested with respect to the
omitted portions. 

 CONFIDENTIAL TREATMENT REQUESTED by Markit Ltd. 

 

 B. Expansion Premises. Commencing on the Expansion Commencement Date and continuing
throughout the Term, Tenant shall pay Base Rent monthly in advance for the Expansion Premises as follows: 
  

					
	 Period
	  	Rent/RSF	  	 Monthly Base Rent

	 04/1/2008 - 09/30/2008
	  	$****	  	$****
	 10/1/2008 - 10/31/2009
	  	$*****	  	$*********
	 11/1/2009 - 10/31/2010
	  	$*****	  	$*********
	 11/1/2010 - 10/31/2011
	  	$*****	  	$*********
	 11/1/2011 - 10/31/2012
	  	$*****	  	$*********
	 11/1/2012 - 10/31/2013
	  	$*****	  	$*********
	 11/1/2013 - 10/31/2014
	  	$*****	  	$*********
	 11/11/2014 - 10/31/2015
	  	$*****	  	$*********
	 11/11/2015 - 10/31/2016
	  	$*****	  	$*********
	 11/11/2016 - 10/31/2017
	  	$*****	  	$*********
	 11/11/2017 - 12/31/2017
	  	$*****	  	$*********

 4. Operating Expenses. Commencing on the Effective Date and continuing until the Expansion Commencement Date, Tenant
shall pay Tenant’s Proportionate Share of Operating Costs, Taxes and Insurance for the Original Premises without regard to this Amendment. Commencing on October 1, 2008 and continuing throughout the Term, Tenant shall pay Tenant’s
Proportionate Share of Operating Costs, Taxes and Insurance for the Total Premises as set forth in the Lease; provided, however that effective as of the Expansion Commencement Date, Tenant’s Proportionate Share shall be equal to ******%. 

5. Condition of Premises and Tenant Improvements. Other than set forth in the Work Letter, attached hereto as Exhibit B and incorporated herein by this
reference, Landlord shall have no obligation for the completion or remodeling of the Total Premises, and Tenant shall accept the Total Premises in their “AS-IS” condition as of the Effective Date. 

6. Security Deposit. Landlord acknowledges that it has a Security Deposit in the amount of $********* in its possession for the account of Tenant.
Contemporaneously with the execution of this Amendment, Tenant shall pay to Landlord an additional security deposit in the amount of $******** for a total security deposit of $******** (collectively, the “Security Deposit”), which shall
continue to be held by Landlord, pursuant to Section 6 of the Lease, to secure Tenant’s performance of its obligations under the Lease as amended by this Amendment. 

7. Parking: Tenant shall have the same parking privileges as set forth in the Lease; provided, however, that commencing upon the Expansion Commencement
Date and continuing throughout the Term, Tenant shall have the right to use up to one hundred fourteen (114) total surface, unreserved parking spaces. 

8. Landlord’s Notice Address. Landlord’s address as set forth in the Basic Lease Information shall be deleted in its entirety and the
following inserted in lieu thereof: 

  
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	Landlord:	  	 CB Richard Ellis
 8390 E. Crescent Parkway,
Suite 300
 Greenwood Village, CO 80111
 Attn: Flatiron Boulder
Asset Manager

		
	With copy to:	  	 INVESCO Realty Advisors
 Three Galleria Tower,
Suite 500
 13155 Noel Road
 Dallas, Texas 75240

Attention: Senior Asset Manager

 9. Brokers: Landlord and Tenant hereby warrant and represent, each to the other, that there were no brokers or agents
involved in the transaction which resulted in this Amendment, other than CB Richard Ellis, Inc., which acted as Landlord’s agent. Tenant shall indemnify Landlord against any expense incurred by Landlord as a result of any claim for brokerage or
other commissions made by any broker, finder, or agent, whether or not meritorious, employed by Tenant or claiming by, through, or under Tenant. Landlord shall indemnify Tenant against any expense incurred by Tenant as a result of any claim for
brokerage or other commissions made by any other broker, finder, or agent, whether or not meritorious, employed by Landlord or claiming by, through, or under Landlord including, but not limited to Trammell. 

10. Termination of Termination Option. As of the Expansion Commencement Date, Exhibit K to the Lease is hereby deleted in its entirety and of no
further force or effect. 
 11. Other Terms. If there is any conflict between the terms and provisions of this Amendment and the terms and provisions
of the Lease, the terms and provisions of this Amendment shall govern. Except as herein specifically set forth, all other provisions of the Lease shall remain in full force and effect and be binding upon the parties in accordance with their terms.

 12. Time of Essence. Time is of the essence herein and, unless waived by Landlord (which it shall have the right, but not the obligation, to do so)
this Amendment is contingent upon execution and delivery by Tenant to Landlord no later than 5:00 p.m., February 6, 2008. 
 13.
Counterparts. This Amendment may be executed in multiple counterparts, each of which shall be deemed an original and all of which when taken together, shall constitute a whole. It shall be fully executed when each party whose signature is
required has signed at least one counterpart notwithstanding that all parties have not executed the same counterpart. The parties agree that signatures transmitted by facsimile shall be binding as if they were original signatures. 

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 IN WITNESS WHEREOF, the parties have executed this Amendment to Lease as of the day and year
first written above. 
  

			
	 FLATIRON BOULDER OFFICE, INC.,

a Texas corporation

		
	 By:
	 	 /s/ Cain Kirk

	 Name:
	 	 CAIN KIRK

	 Title:
	 	 Vice President

  

			
	 TENANT

	
	 WALL STREET ON DEMAND, INC.,

a Delaware corporation

		
	 By:
	 	 /s/ James Tanner

	 Name:
	 	 JAMES TANNER

	 Title:
	 	 Accountant and CEO

  

			
	ATTEST:
		
	 By:
	 	 /s/ Jessica Pappas

	 Name:
	 	 Jessica Pappas

	 Title:
	 	Director of Administration

  
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 SECOND AMENDMENT TO OFFICE LEASE AGREEMENT 

(Markit on Demand, Inc.) 

THIS SECOND AMENDMENT TO OFFICE LEASE AGREEMENT (this “Amendment”) is dated as October 1, 2013, by and between
CROWN-DENVER VII, LLC, a Delaware limited liability(“Landlord”), and MARKIT ON DEMAND, INC., a Delaware corporation, successor by merger to Wall Street on Demand, Inc., a Delaware corporation (“Tenant”). 

Recitals 
 This Amendment
is made with respect to the following facts: 
 A. Pursuant to an Office Lease Agreement dated January 8, 2007 (the
“Original Lease”) between Flatiron Boulder Office, Inc., a Texas corporation (“Original Landlord”), and Tenant, Original Landlord leased to Tenant premises known as Suite 100, consisting of approximately 15,876
rentable square feet (the “Original Premises”) located on the first floor of the building located at 5775 Flatiron Parkway, Boulder, Colorado (the “Building”). 

B. Original Landlord and Tenant entered into that certain First Amendment to Lease Agreement dated January 31, 2008 (the
“First Amendment”; the Original Lease and First Amendment are collectively referred to herein as the “Lease”) pursuant to which the premises leased by Tenant were expanded to include premises known as Suite 110,
consisting of approximately 10,672 rentable square feet (the “Prior Expansion Premises”; the “Original Premises and the Prior Expansion Premises are collectively referred to herein as the “Existing Premises”)
located on the first floor of the Building, for a total of approximately 26,548 rentable square feet. 
 C. Landlord and Tenant now
wish to amend the Lease to (i) modify the Term of the Lease; (ii) expand the leased premises; (iii) modify the rent payable under the Lease; and (iv) address certain other matters, all as more particularly described below. 

Amendment 
 In
consideration of the facts set forth in the Recitals and for other good and valuable consideration, the receipt and legal sufficiency of which are mutually acknowledged, the parties agree as follows: 

1. Defined Terms. All capitalized terms used but not defined in this Amendment will have the meanings set forth for such terms in the
Lease. All terms that are defined in this Amendment and used in any provisions that are added to the Lease pursuant to this Amendment will have the meanings in the Lease set forth for such terms in this Amendment. 

2. Term. The Term of the Lease, with respect to all premises leased to Tenant thereunder from time to time, shall expire at 11:59 p.m.
on the last day of the 

  
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calendar month which is (a) 128 months after the month in which the First Expansion Commencement Date (defined below) occurs, if the first Expansion Commencement Date is not the first day of
a calendar month, or (b) 127 months after the month in which the First Expansion Commencement Date occurs, if the first Expansion Commencement Date is the first day of a calendar month. 

3. Demise and Measurement of Expansion Premises. 

(a) Measurement. Landlord shall, upon the written request of Tenant received prior to the applicable commencement date, cause the
rentable square footage of the Premises to be verified by an architect selected by Landlord and approved by Tenant (which approval shall not be unreasonably withheld or delayed) in accordance with BOMA ANSI 1996 standard methods of measurement. If
such measurement results in an upward or downward change in the rentable square footage of the Premises, Rent and Tenant’s Proportionate Share, and any other matters affected by the rentable square footage of the Premises, shall be adjusted
accordingly. 
 (b) Demise of First Expansion Premises. Effective as of the First Expansion Commencement Date ( as defined below),
Landlord leases to Tenant, and Tenant leases from Landlord, the premises in the Building known as Suite 120 and consisting of 12,037 rentable square feet of space (the “First Expansion Premises”) for a term beginning on the First
Expansion Commencement Date and ending upon the expiration of the Term (as that term is defined in the Lease and modified by Section 2 of this Amendment), upon and subject to all of the terms and provisions of the Lease, as amended by
this Amendment. The term “First Expansion Commencement Date” means the later of (i) December 1, 2013 (the “First Expansion Target Date”), or (ii) the 120th day following the date on which Landlord
delivers the First Expansion Premises to Tenant or such earlier date on which Tenant commences business operations within the First Expansion Premises. Landlord will use commercially reasonable efforts to deliver the First Expansion Premises to
Tenant on or before October 1, 2013 (the “First Expansion Delivery Target Date”). In the event that Landlord does not deliver the First Expansion Premises to Tenant on or before the First Expansion Delivery Target Date, Base
Rent allocable to the First Expansion Premises will be abated for an additional number of days following the First Expansion Delivery Target Date equal to two times the number of days beginning on the day following First Expansion Delivery Target
Date until the day on which the First Expansion Premises are so delivered. 
 (c) Demise of Second Expansion Premises. Effective as of
the Second Expansion Commencement Date (as defined below), Landlord leases to Tenant, and Tenant leases from Landlord, the premises in the Building known as Suite 115 and consisting of 3,648 rentable square feet of space (the “Second
Expansion Premises”) for a term beginning on the Second Expansion Commencement Date and ending upon the expiration of the Term (as that term is defined in the Lease and modified by Section 2 of this Amendment), upon and subject
to all of the terms and provisions of the Lease, as amended by this Amendment. The term “Second Expansion Commencement Date” means the later of (i) April 1, 2014 (the “Second Expansion Target Date”), or
(ii) the 120th day following the date on which Landlord delivers the Second Expansion Premises to Tenant or such earlier date on which Tenant commences business operations within the Second Expansion Premises. Landlord will use commercially
reasonable efforts to deliver the Second Expansion Premises to Tenant on or before November 1, 2013 (the “Second Expansion Delivery Target Date”). In the event that Landlord does not deliver the Second Expansion Premises to
Tenant on or before the Second Expansion Delivery Target Date, Base Rent allocable to the Second Expansion Premises will be abated for an additional number 

  
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of days following the Second Expansion Delivery Target Date equal to two times the number of days beginning on the day following Second Expansion Delivery Target Date until the day on which the
Second Expansion Premises are so delivered. 
 (d) Demise of Third Expansion Premises. Effective as of the Third Expansion
Commencement Date (as defined below), Landlord leases to Tenant, and Tenant leases from Landlord, the premises in the Building known as Suites 200, 205 and 207 and consisting of 10,583 rentable square feet of space (the “Third Expansion
Premises”) for a term beginning on the Third Expansion Commencement Date and ending upon the expiration of the Term (as that term is defined in the Lease and modified by Section 2 of this Amendment), upon and subject to all of
the terms and provisions of the Lease, as amended by this Amendment. The term “Third Expansion Commencement Date” means the later of (i) October 1, 2014 (the “Third Expansion Target Date”), or
(ii) the 120th day following the date on which Landlord delivers the Third Expansion Premises to Tenant or such earlier date on which Tenant commences business operations within the Third Expansion Premises. Landlord will use commercially
reasonable efforts to deliver the Third Expansion Premises to Tenant on or before June 1, 2014 (the “Third Expansion Delivery Target Date”). In the event that Landlord does not deliver the Third Expansion Premises to Tenant on
or before the Third Expansion Delivery Target Date, Base Rent allocable to the Third Expansion Premises will be abated for an additional number of days following the Third Expansion Delivery Target Date equal to two times the number of days
beginning on the day following Third Expansion Delivery Target Date until the day on which the Third Expansion Premises are so delivered. 

(e) Delayed Delivery Outside Landlord’s Control. Notwithstanding anything to the contrary in this Section 3, the
abatement of Base Rent for late delivery of the First Expansion Premises, the Second Expansion Premises or the Third Expansion Premises described above in this Section 3 will not apply to the extent that the delay is caused by the
removal of furniture pursuant to Section 16 below, provided Landlord complies with the provisions in Section 16 and further provided Landlord does not unreasonably interfere with Tenant’s Work within the First Extension
Premises, or to the extent that the delay is caused by an event or circumstance which is outside of Landlord’s reasonable control, such as (i) delays caused by a prior tenant of the Third Expansion Premises that does not timely vacate such
premises, provided that Landlord uses commercially reasonable efforts to cause such prior tenant to vacate the Third Expansion Premises, or (ii) delays caused by another tenant with an existing right of first offer or right of first refusal
with respect to the Third Expansion Premises in exercising or declining to exercise any such right. 
 4. Leasehold Improvements. 

(a) Existing Premises; Signage. 

(i) Work to be performed by Tenant with respect to the Existing Premises (the “Existing Premises Work”) will
be performed in accordance with and subject to the terms of Exhibit L attached hereto (the “Work Letter”). 

(ii) As a part of the Existing Premises Work, Tenant may, at Tenant’s expense (but subject to reimbursement through the
Allowance set forth in the 

  
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Work Letter) and in compliance with Law and any declaration of covenants affecting the Building: 

(1) install signage above the main entrance to the Premises in accordance with the specifications to be agreed upon by
Landlord and Tenant acting in good faith, 
 (2) update the Tenant’s name on the Complex monument sign with the name
“Markit” with Landlord’s prior approval which will not be unreasonably withheld, conditioned or delayed, and 

(3) install parapet signage on the Building in accordance with the specifications to be agreed upon by Landlord and Tenant
acting in good faith. 
 (iii) Tenant will be entitled to the use of a larger portion of the Complex monument sign than will
be made available to any other tenant of the Complex (the “Oversize Monument Signage Right”), subject to the following conditions: 

(1) In the event that Tenant fails to expand into the First Expansion Premises, the Second Expansion Premises or the Third
Expansion Premises as contemplated by this Amendment, the Oversize Monument Signage Right will terminate. 
 (2) If an Event
of Default occurs, the Oversize Monument Signage Right will terminate. 
 (3) If, at any time Tenant after the Third
Expansion Commencement Date, Tenant ceases to lease the Existing Premises, the First Expansion Premises, the Second Expansion Premises and the Third Expansion Premises, the Oversize Monument Signage Right will terminate. 

(4) If, after any termination of the Oversize Monument Signage Right, Landlord grants to another tenant or occupant an
Oversize Monument Signage Right, Tenant’s rights thereafter, if any, will be subject to the Oversize Monument Signage Right of such other tenant or occupant. 

(iv) Landlord will not grant to any other tenant or occupant of the Building the right to install or maintain parapet signage
on the Building (the “Parapet Exclusive”), subject to the following conditions: 
 (1) In the event that
Tenant fails to expand into the First Expansion Premises, the Second Expansion Premises or the Third Expansion Premises as contemplated by this Amendment, the Parapet Exclusive will terminate. 

  
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 (2) If an Event of Default occurs, the Parapet Exclusive will terminate.

 (3) If, at any time Tenant after the Third Expansion Commencement Date, Tenant ceases to lease the Existing Premises, the
First Expansion Premises, the Second Expansion Premises and the Third Expansion Premises, the Parapet Exclusive will terminate. 

(4) If, after any termination of the Parapet Exclusive, Landlord grants to another tenant or occupant a Parapet Exclusive,
Tenant’s rights thereafter, if any, will be subject to the Parapet Exclusive in favor of such other tenant or occupant. 

(v) Landlord will, at Landlord’s expense, install building standard suite entry and lobby directory signage identifying
Tenant. 
 (b) First Expansion Premises. Work to be performed by Tenant with respect to the First Expansion Premises (the
“First Expansion Work”) will be performed in accordance with and subject to the terms of the Work Letter. 
 (c) Second
Expansion Premises. Work to be performed by Tenant with respect to the Second Expansion Premises (the “Second Expansion Work”) will be performed in accordance with and subject to the terms of the Work Letter. 

(d) Third Expansion Premises. Work to be performed by Tenant with respect to the Third Expansion Premises (the “Third Expansion
Work”) will be performed in accordance with and subject to the terms of the Work Letter. 
 (e) Hazardous Materials. Upon
the date on which the First Expansion Premises is delivered to Tenant, the date on which the Second Expansion Premises is delivered to Tenant and the date on which the Third Expansion Premises is delivered to Tenant, Landlord will warrant that the
Existing Premises and the First Expansion Premises, the Second Expansion Premises and the Third Expansion Premises, as applicable, are then free of Hazardous Materials in excess of limits established by applicable Environmental Laws, except to the
extent that Hazardous Materials are brought or released into or on the Existing Premises, the First Expansion Premises, the Second Expansion Premises, the Third Expansion Premises, Building or Complex by, through or under Tenant. 

(f) Building Codes and ADA. Upon the First Expansion Commencement Date, the Second Expansion Commencement Date and the Third Expansion
Commencement Date, Landlord will warrant that the First Expansion Premises, the Second Expansion Premises and the Third Expansion Premises, as applicable, then comply with the provisions of the Disabilities Acts and applicable building codes,
subject to the completion of punchlist items related to the First Expansion Work, Second Expansion Work or Third Expansion Work, as applicable, and except to the extent that any noncompliance is caused by, through or under Tenant. Notwithstanding
anything to the contrary contained herein, Tenant shall not be responsible for or obligated to pay any costs for capital improvements required to bring the Building or any portion of it, or the Common Areas (including, without limitation, common

  
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corridors, lobbies, multi-tenant restrooms, and exterior parts of the Building and parking lot) into compliance with the Disabilities Acts or applicable building codes. 

(g) Life Safety. Upon the date on which the First Expansion Premises is delivered to Tenant, the date on which the Second Expansion
Premises is delivered to Tenant and the date on which the Third Expansion Premises is delivered to Tenant, Landlord will warrant that, to the best of Landlord’s knowledge, all life safety and elevator systems in the Existing Premises and the
First Expansion Premises, the Second Expansion Premises and the Third Expansion Premises, as applicable, then will be in good working order and comply with the provisions of Law, except to the extent that defect or any noncompliance is caused by,
through or under Tenant. 
 (h) Additional Provisions. Landlord and Tenant agree that all alterations, improvements and additions made
to the Existing Premises, the First Expansion Premises, the Second Expansion Premises or the Third Expansion Premises according to this section, other than the installation of Tenant’s furniture, trade fixtures and equipment, will, without
compensation to Tenant, become Landlord’s property upon installation and will remain Landlord’s property at the expiration or earlier termination of the Term. No promises to alter, remodel or improve the Existing Premises, the First
Expansion Premises, the Second Expansion Premises, the Third Expansion Premises or the Building and no representations concerning the condition of the Premises or Building have been made by Landlord to Tenant other than as may be expressly stated
herein. 
 5. Premises. Except as expressly set forth to the contrary in this Amendment, (a) as of the First Expansion
Commencement Date, all references in the Lease to the “Premises” will be deemed to refer to the Existing Premises and the First Expansion Premises, (b) as of the Second Expansion Commencement Date, all references in the Lease
to the “Premises” will be deemed to refer to the Existing Premises, the First Expansion Premises and the Second Expansion Premises; and (c) as of the Third Expansion Commencement Date, all references in the Lease to the
“Premises” will be deemed to refer to the Existing Premises, the First Expansion Premises, the Second Expansion Premises and the Third Expansion Premises. Furthermore, upon execution of and subject to the terms set forth in an
amendment consummating Tenants exercise of a Specified Expansion Option set forth in Section 8, Tenant’s election of the Right of Offer set forth in Section 10 below or the Right of Refusal set forth in
Section 11 below, all references in the Lease to the “Premises” will thereafter be deemed to include the Specified Expansion Space, ROFO Space or ROFR Space (each as defined below) which are the subject of such exercise. 

6. Base Rent. With respect to the period commencing on the First Expansion Commencement Date and continuing through the balance of the
Term, the schedule set forth in the definition of “Base Rent” appearing in the Basic Lease Information section of the Lease, as amended by the First Amendment, is hereby deleted in its entirety and replaced with the following: 

  
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	 Lease Month Commencing with          

First Expansion Commencement Date
	  	 Annual NNN Base Rent Rate for Rentable Square

Foot of Premises Leased from Time to Time

	 1-8
	  	$****/rsf
	 9-12
	  	$*****/rsf
	 13-24
	  	$*****/rsf
	 25-36
	  	$*****/rsf
	 37-48
	  	$*****/rsf
	 49-60
	  	$*****/rsf
	 61-72
	  	$*****/rsf
	 73-84
	  	$*****/rsf
	 85-96
	  	$*****/rsf
	 97-108
	  	$*****/rsf
	 109-120
	  	$*****/rsf
	 121-128
	  	$*****/rsf

 Notwithstanding the foregoing, however, Tenant will not be released from any of its unsatisfied obligations to
pay Base Rent, if any, existing prior to the First Expansion Commencement Date in accordance with the Lease. 
 As used in this Amendment,
the phrase “Lease Month Commencing with First Expansion Commencement Date” means each full calendar month during the Term commencing on the First Expansion Commencement Date; provided that, if the First Expansion Commencement Date is not
the first day of a calendar month, the period from the First Expansion Commencement Date to the first day of the next calendar month shall be added to and included in the first Lease Month Commencing with the First Expansion Commencement Date for
the purposes of determining the monthly Base Rent rate applicable for such partial month. 
 7. Tenant’s Share, Additional Rent,
Audit Right. 
 (a) Tenant’s Proportionate Share. The term “Tenant’s Proportionate Share” will be
automatically revised from time to time to the percentage obtained by dividing (a) the number of rentable square feet leased by Tenant at such time pursuant to this Lease, by (b) the number of rentable square feet in the Building which the
parties stipulate is 95,869 rentable square feet. 
 (b) Costs Related to Disabilities Acts. From and after the date of this
Amendment, notwithstanding the provisions of Section 9 of the Lease or Exhibit C to the Lease, Tenant will not be obligated to pay costs of causing the Common Areas to comply with the Disabilities Acts. 

(c) Management Fees. From and after the date of this Amendment, Operating Costs will include management fees or royalties for the
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exceed the lesser of (i) ***** percent (*%) of gross revenues of the Project, or (ii) market rates for management fees and royalties charged in connection with the management of similar
properties in the Boulder, Colorado metropolitan area. 
 (d) Gross Up. If the Building is not at least ******* percent (**%) occupied
during any calendar year, actual Operating Costs shall be determined as if the Building had been ******* percent (**%) occupied during each such calendar year. 

(e) Cap on Controllable Operating Costs. Notwithstanding anything to the contrary in the Lease, for each calendar year after calendar
year 2013 during the Term of the Lease, Controllable Costs (as defined below) for each calendar year during the Term used to calculate Tenant’s Proportionate Share of Expenses shall not increase by more than *% over the Controllable Costs for
the immediately preceding calendar year. It is the intention of Landlord and Tenant that increases in Tenant’s Proportionate Share of Controllable Costs be capped on a noncumulative and noncompounding basis. “Controllable
Costs” means all Operating Costs other than actual and reasonable costs of (i) snow removal, and (ii) water, sewer, electricity, natural gas and other utilities not provided by Landlord. To the extent water, sewer, electricity,
natural gas or other utilities are provided by Landlord, the same shall be provided at the actual cost incurred by Landlord. For clarification, Taxes and Insurance are not included within either the definition of Operating Costs or the definition of
Controllable Costs. 
 (f) Tenant’s Audit Right. Tenant will have the right to inspect and audit Landlord’s books and
records with respect to Operating Costs, Taxes and Insurance following its receipt of an Operating Costs, Tax and Insurance Statement (a “Tenant Audit”), provided that Tenant provides Landlord not less than 10 days’ prior
notice of Tenant’s intention to conduct such Tenant Audit, which notice must be delivered to Landlord on or before the date that is 180 days after Tenant’s receipt of the applicable Operating Costs, Tax and Insurance Statement (including
an Operating Costs, Tax and Insurance Statement received after the expiration or earlier termination of the Term). In the event Tenant does not give Landlord notice of its election to conduct a Tenant Audit within such 180 day period, the terms and
amounts set forth in such Operating Costs, Tax and Insurance Statement will be conclusive and final, and Tenant shall have no further right to conduct a Tenant Audit with respect to such Operating Costs, Tax and Insurance Statement or the Operating
Costs, Taxes and Insurance related thereto. Tenant may only use a private accounting firm retained on an hourly or fixed fee basis or Tenant’s internal accounting staff to conduct a Tenant Audit; in no event may Tenant use any auditor paid on a
contingency fee or result based basis. If the conclusion of the Tenant Audit (which conclusion must be reasonably supported by the documentation reviewed in connection with the Tenant Audit) reveals that the amount charged by Landlord to Tenant for
Operating Costs, Taxes and Insurance was greater than Tenant’s Proportionate Share of actual Operating Costs, Taxes and Insurance, Landlord will credit against Rent next coming due after the completion of the Tenant Audit (or if the Term has
expired, Landlord will pay to Tenant within 30 days after the completion of the Tenant Audit) the amount due to Tenant based on such difference, and if such conclusion of the Tenant Audit is that the amount charged by Landlord to Tenant for
Operating Costs, Taxes and Insurance was less than Tenant’s Proportionate Share of actual Operating Costs, Taxes and Insurance, Tenant will pay to Landlord the amount due from Tenant based on such difference within 30 days after the completion
of the Tenant Audit. Unless the Tenant Audit shows that the amount charged by Landlord to Tenant for Operating Costs, Taxes and 

  
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Insurance was greater by 3% or more than Tenant’s Proportionate Share of the actual Operating Costs, Taxes and Insurance, Tenant will be responsible for its own costs and expenses related to
the Tenant Audit. If a Tenant Audit shows that the amount charged by Landlord to Tenant for Operating Costs, Taxes and Insurance was greater by 3% or more than Tenant’s Proportionate Share of the actual Operating Costs, Taxes and Insurance,
Landlord will be responsible for its own costs and expenses related to the Tenant Audit and will reimburse Tenant for the actual and reasonable costs charged by the accounting fee retained by Tenant, if any, to conduct the Tenant Audit. A permitted
assignee of Tenant’s interest in the Lease may conduct a Tenant Audit, but only with respect to Operating Costs, Tax and Insurance Statements delivered after the effective date of the applicable assignment of the Tenant’s interest in the
Lease. No subtenant of the Premises will be permitted to conduct a Tenant Audit, but Tenant may conduct the Tenant Audit hereunder for the benefit of such subtenant in connection with the conduct of its own audit. 

8. Specific Expansion Options. 

(a) Grant of Rights. Vexcel Corporation, Konica Minolta Laboratory, and Cybersource (each, a “Specified Tenant”) has
the right to exercise a renewal of its lease of the space within the Building currently leased by it, or has other rights to lease space within the Building, consisting of one of Suites 130 and 220, Suite 210, or Suite 230, as applicable (a
“Specified Expansion Space”) as more particularly set forth in Exhibit M attached hereto. If any Specified Tenant fails to exercise its renewal rights (without modification or negotiated exceptions), Tenant shall have the option (a
“Specified Expansion Option”) to lease the Specified Expansion Space currently leased by such Specified Tenant, subject to the terms of this Section 8, for a term commencing ninety (90) days after the early
termination or expiration of the lease of such Specified Tenant, subject to any holdover of such Specified Tenant and subject to the other rights set forth on Exhibit M (the “Specified Expansion Commencement Date”), and
expiring upon the expiration of the Term. 
 (b) Exercise. Landlord shall provide Tenant written notice (a “Specified
Expansion Offer Notice”) within ten (10) days of following the early termination by a Specified Tenant or the election by a Specified Tenant not to exercise its renewal rights (without modification or negotiated exceptions) and, in
either case, the waiver by any other applicable Specified Tenant of its right with respect to the applicable Specified Expansion Space. To exercise a Specified Expansion Option, Tenant must deliver notice of the exercise thereof (a
“Specified Expansion Acceptance Notice”) within ten (10) days following the Specified Expansion Offer Notice, failing which Tenant will have no further right to lease such Specified Tenant’s Specified Expansion Space
pursuant to this Section 8. 
 (c) Base Rent for Specified Expansion Space. Tenant shall pay Base Rent and will receive an
improvement allowance based on the then Market Rental Rate (as determined in accordance with Section 9 read as though the Renewal Notice is the Specified Expansion Acceptance Notice, the Interim Rate (if applicable) is as set forth in
Section 9, and the Renewal Term is the term of the Lease applicable to the Specified Expansion Space (that is, the balance of the then-current Term commencing on the Specified Expansion Commencement Date and expiring coterminous with the
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 (d) Confirmatory Amendment. Within thirty (30) days following Tenant’s
exercise of a Specified Expansion Option and the determination of the Market Rental Rate with respect to the applicable Specified Expansion Space, Landlord and Tenant will execute an amendment to the Lease contemplating the expansion of the Premises
to include the Specified Expansion Space for the Market Rental Rate effective as of the Specified Expansion Commencement Date. 
 (e)
After Exercise. Following a Specified Expansion Commencement Date, all of the terms and provisions of this Lease will apply, except that, after the Specified Expansion Commencement Date, Base Rent with respect to the Specified Expansion Space
will be payable at the applicable Market Rental Rate, as determined pursuant to this Section 8, multiplied by the rentable square feet of the Specified Expansion Space. 

(f) Limitations on Tenant’s Rights. At Landlord’s option, Tenant will have no Specified Expansion Option, and Tenant’s
Specified Expansion Acceptance Notice will be ineffective, if an Event of Default, or any fact or circumstance which with the passage of time or the giving of notice or both would constitute an Event of Default, exists beyond any applicable cure
period at the time a Specified Expansion Acceptance Notice is given or on the scheduled Specified Expansion Commencement Date. Any termination of this Lease terminates all rights under this Section 8. Any assignment of this Lease or
subletting of more than 30% of the Premises by Tenant (excluding an assignment or sublease that is a Permitted Transfer (as defined below)) terminates Tenant’s rights under this Section 8, unless Landlord consents to the contrary in
writing at the time of such subletting or assignment. 
 9. Renewal Options. 

(a) Grant of Rights. Subject to the terms and provisions of this Section 9, Tenant, at its option, may extend the Term of
the Lease for a period of sixty (60) months at the end of the initial Term as amended hereunder (the “First Renewal Term”) with respect to not less than ******** percent (**%) of the Premises as it exists as of the last day of
the Term (the “First Renewal Option”). If Tenant exercises the First Renewal Option, then, subject to the terms and provisions of this Section 9, Tenant may further extend the Term of this Lease for another period of
sixty (60) months at the end of the First Renewal Term (the “Second Renewal Term”) with respect to not less than ********* percent (**%) of the Premises as it exists as of the last day of the First Renewal Term (the
“Second Renewal Option”). The First Renewal Term and the Second Renewal Term will be referred to individually as a “Renewal Term” or, collectively, as the “Renewal Terms.” The First Renewal
Option and the Second Renewal Option will be referred to individually as a “Renewal Option” or, collectively, as the “Renewal Options.” If Tenant elects to exercise either Renewal Term with respect to less than
********** percent (***%), but not less than ********** percent (**%) of the Premises as it exists as of the last day of the Term or First Renewal Term (as applicable), then Tenant shall, at its sole cost and expense, cause that portion of the
Premises that Tenant has elected not to include within the Premises during such Renewal Term to be separately demised so that it may be relet to a third party, and shall be returned to Landlord in the condition required under Section 21
of the Original Lease. 

  
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 (b) Exercise. To exercise either such Renewal Option, Tenant must deliver notice of
the exercise thereof (a “Renewal Notice”) to Landlord no earlier than twelve (12) months and no later than nine (9) months prior to the expiration of the initial Term, with respect to the exercise of the First Renewal
Option, and prior to the expiration of the First Renewal Term, with respect to the exercise of the Second Renewal Option. 
 (c)
Determination of Market Rental Rate. Within ten (10) days after Tenant delivers a Renewal Notice, Landlord will notify Tenant (the “Rate Notice”) of the Market Rental Rate (as defined below). If Tenant agrees that the
rental rate set forth in the Rate Notice is the Market Rental Rate, such rental rate will be the Market Rental Rate for the purposes of this Section 9, and Base Rent for the applicable Renewal Term will be the Market Rental Rate as may
be agreed to by Tenant. If Tenant disagrees with the Market Rental Rate in the Rate Notice then Tenant will have thirty (30) days after receipt of the Rate Notice to object to the rental rate in the Rate Notice by giving notice to Landlord and
including Tenant’s determination of the Market Rental Rate. If Tenant fails to object within such thirty (30) day period, Tenant will be deemed to have agreed that the Rate Notice contains the Market Rental Rate. If Tenant timely notifies
Landlord of Tenant’s objection to the rate set forth in the Rate Notice, then Landlord and Tenant will, for a period of twenty (20) days from and after Tenant gives its objection to the Rate Notice, negotiate to determine a Market Rental
Rate acceptable to both Landlord and Tenant. 
 (i) Parties’ Brokers. If the parties are unable to agree upon the
Market Rental Rate during such twenty (20) day period, then, within seven (7) days after the expiration of such twenty (20) day period, Landlord and Tenant will each appoint their own licensed real estate broker who has at least ten
(10) years’ fulltime experience in commercial office leasing in the Boulder, Colorado metropolitan area (the “Parties’ Brokers”). The Parties’ Brokers will negotiate in good faith for ten (10) days after the
date that both Parties’ Brokers have been appointed to determine a Market Rental Rate acceptable to both Landlord and Tenant. If the Parties’ Brokers cannot reach agreement on the Market Rental Rate within such ten (10) day period,
then within five (5) business days after the expiration of such ten (10) day period, Landlord will deliver to Tenant a written determination of the Market Rental Rate as determined by Landlord and its broker using the criteria set forth
below (“Landlord’s Determination”). Tenant will have five (5) business days from the date of Landlord’s delivery of Landlord’s Determination to notify Landlord of Tenant’s acceptance of Landlord’s
Determination or deliver to Landlord Tenant’s written determination of the Market Rental Rate using the criteria set forth below (“Tenant’s Determination”). If Tenant does not deliver Tenant’s Determination to
Landlord within such five (5) business day period, Tenant will be deemed to have accepted Landlord’s Determination and the rental rate set forth in Landlord’s Determination will be the Market Rental Rate. If Tenant does deliver
Tenant’s Determination within such five (5) business day period, then the Parties’ Brokers will have an additional seven (7) days from the date of delivery of Tenant’s Determination to negotiate a Market Rental Rate
acceptable to both Landlord and Tenant. 

  
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 (ii) Third Broker. If no agreement can be reached as to the Market
Rental Rate within such seven (7) day period, then, within five (5) days after such seven (7) day period expires, the Parties’ Brokers will appoint a third broker (the “Third Broker”). The Third Broker will be a
person who has not previously acted in any capacity for either party and who meets the same experience qualifications as required for the Parties’ Brokers. Within ten (10) days of his or her appointment, the Third Broker will review
Landlord’s Determination and Tenant’s Determination of the Market Rental Rate and such other information as he or she deems necessary and will select either Landlord’s Determination or Tenant’s Determination of the Market Rental
Rate (but no other rate) as being more reasonable. The Third Broker will be instructed, in deciding whether Landlord’s Determination or Tenant’s Determination is more reasonable, to use the criteria as to the Market Rental Rate set forth
below. The Third Broker will immediately notify the parties of his or her selection of the Landlord’s Determination or the Tenant’s Determination as being more reasonable, and then such selected determination will be the Market Rental
Rate. Each of the parties will bear the entire cost of their own broker and one half (l/2) of the cost of the Third Broker. 

(iii) Interim Rate. Notwithstanding anything in this Lease to the contrary, if no agreement can be reached as to the
Market Rental Rate prior to the expiration of the Term, with respect to the exercise of the First Renewal Option, and/or prior to the expiration of the First Renewal Term, with respect to the exercise of the Second Renewal Option, Tenant shall pay
Base Rent to Landlord in accordance with the rental rate for the last full calendar month of the Term preceding the Interim Period (the “Interim Rate”) for the period (the “Interim Period”) beginning on the day
immediately following the last day of the Term and/or the First Renewal Term, as applicable, and ending on the date the Market Rental Rate is determined pursuant to this Section 9 (the “Determination Date”). If the
amount of Base Rent Tenant paid to Landlord during the Interim Period, prorated based on the number of days in such period (the “Interim Base Rent”), is more than the amount Tenant would have paid if the Market Rental Rate had been
in effect during such Interim Period, Landlord will credit such excess amount against the next payment(s) of Base Rent due from Tenant to Landlord. If the Interim Base Rent is less than the amount Tenant would have paid if the Market Rental Rate had
been in effect during such Interim Period, Tenant will pay the deficiency to Landlord within thirty (30) days after the Determination Date. 

(d) Market Rental Rate Defined. “Market Rental Rate” means the prevailing base rental renewal rate then charged by
landlords of similar buildings in suburban Boulder, Colorado of comparable class, quality and age as the Building for similar space, taking into account the length of the applicable Renewal Term and tenant inducements (improvement allowances, free
rent, etc.). 
 (e) After Exercise. During each Renewal Term, all of the terms and provisions of this Lease will apply, except that
(i) after the Second Renewal Term there will be no further right of renewal; and (ii) during each Renewal Term, Base Rent will be payable at the 

  
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applicable Market Rental Rate, as determined pursuant to this Section 9, multiplied by the rentable square feet of the Premises as of the commencement of the applicable Renewal Term;
provided, however, that notwithstanding anything in this Section 9 to the contrary, in no event will the Base Rent payable for any month in the First Renewal Term be less than the Base Rent payable for the last month of the initial Term,
nor will the Base Rent payable for any month in the Second Renewal Term be less than the Base Rent payable for the last month of the First Renewal Term. The “Term” of this Lease will include any properly exercised Renewal Term following
execution and delivery of a confirmatory amendment regarding the Renewal Option. 
 (f) Holdover Rate. If Tenant does not exercise any
of its Renewal Options hereunder, notwithstanding anything to the contrary contained in the Lease, Tenant shall have the right to three (3) consecutive holdover periods of one (I) month each, and the Base Rent applicable to each such
holdover period shall be ***% of the Base Rent rate applicable to the last full calendar month of the Term prior to the first such holdover period; any holdover by Tenant beyond the holdover periods contemplated above shall be permitted only with
Landlord’s prior written consent, and the Base Rent shall be ***% of the Base Rent rate applicable to the last full calendar month of the Term prior to the first such holdover period. 

(g) Limitations on Tenant’s Rights. At Landlord’s option, Tenant will have no right to extend the Term, and Tenant’s
Renewal Notice will be ineffective, if an Event of Default, or any fact or circumstance which with the passage of time or the giving of notice or both would constitute an Event of Default, exists beyond any applicable cure period at the time a
Renewal Notice is given or at the time the applicable Renewal Term is scheduled to commence. Any termination of this Lease terminates all rights under this Section 9. Any assignment of this Lease or subletting of more than 30% of the
Premises by Tenant (excluding an assignment or sublease that is a Permitted Transfer (as defined below)) terminates Tenant’s rights under this Section 9, unless Landlord consents to the contrary in writing at the time of such
subletting or assignment. 
 10. Right of First Offer. 

(a) Terms of Right. If at any time during the Term, any space in the Building (the “ROFO Space”) becomes available or
is becoming available for lease, Landlord will notify Tenant that such ROFO Space is available for lease or is becoming available, and such notice will set forth the terms upon which Landlord is willing to lease the ROFO Space to prospective tenants
(the “ROFO Offer Notice”). The ROFO Space shall not be deemed available or becoming available for lease to the extent (i) that it is subject to any rights or options in favor of any other parties that are superior to
Tenant’s with respect to the ROFO Space as of the date of this Amendment (and Landlord shall notify Tenant of such rights in the ROFO Offer Notice), and/or (ii) the ROFO Space is subject to a then-existing lease, as such lease may be
modified, amended, extended or renewed. Provided that an Event of Default, or any fact or circumstance which with the giving of notice or the passage of time or both would become an Event of Default, does not then exist beyond any applicable cure
period, and subject to the provisions of this Section 10, Tenant will have seven (7) business days after the receipt of the ROFO Offer Notice in which to deliver a written notice to Landlord exercising Tenant’s right to lease
all, but not less than all, of the ROFO Space (the “Right of Offer”) subject to the applicable ROFO Offer Notice (the “ROFO Acceptance Notice”). If Tenant delivers the ROFO Acceptance

  
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Notice to Landlord within such seven (7)-business day period, then Landlord and Tenant will promptly amend the Lease to include the ROFO Space on the terms stated in the ROFO Offer Notice or such
terms as are mutually agreed to by Landlord and Tenant. If Tenant fails to deliver the ROFO Acceptance Notice within such seven (7)-business day period, Tenant will be deemed to have rejected the ROFO Offer Notice. If Tenant rejects or is deemed to
have rejected the ROFO Offer Notice, Tenant’s Right of Offer with respect to the ROFO Space which is the subject of the ROFO Offer Notice will terminate and be of no further force or effect, and Landlord will be free to lease any or all of the
ROFO Space that is the subject of the ROFO Offer Notice to any prospective tenant, subject to the terms of Section 11 below at any time after the earlier of the date Tenant rejects the ROFO Offer Notice or the expiration of such seven
(7)-business day period. 
 (b) Additional Terms Applicable to ROFO Acceptance. Notwithstanding the provisions of Subsection
10(a): 
 (i) Except as set forth below, in the event that Tenant timely delivers a ROFO Acceptance Notice and a
confirmatory amendment regarding the ROFO Space is executed by Landlord and Tenant, the Term of the Lease with respect to the entirety of the Premise then leased by Tenant and the ROFO Space will be extended to a date which is seven (7) years
following the date that the Lease commences with respect to the ROFO Space. 
 (ii) In the event that Tenant timely delivers
a ROFO Acceptance Notice, a confirmatory amendment regarding the ROFO Space is executed by Landlord and Tenant, and, at the time of delivery of the ROFO Acceptance Notice, Tenant is leasing 65% or more of the rentable area of the Building, the Term
of the Lease with respect to the entirety of the Premise then leased by Tenant and the ROFO Space will be extended to a date which is ten (10) years following the date that the Lease commences with respect to the ROFO Space. 

(iii) Base Rent rates payable with respect to any such extension of the Term will escalate in the same manner as Base Rent
rates with respect to the ROFO Space escalate pursuant to the terms of the ROFO Offer Notice. 
 (iv) If Tenant fails to
execute a confirmatory amendment regarding the ROFO Space as set forth above, the ROFO Acceptance Notice with respect to such ROFO Space will automatically be deemed rescinded and the Right of Offer with respect to such ROFO Space will automatically
be deemed to have been rejected by Tenant. 
 (c) Limitations on Tenant’s Rights. Tenant will have no right to lease any ROFO
Space and its ROFO Acceptance Notice will be ineffective if an Event of Default, or any fact or circumstance which with the giving of notice or the passage of time or both would become an Event of Default, exists beyond any applicable cure period at
the time such notice is given or at the time the amendment to the Lease is scheduled to be executed by Landlord and Tenant. Any termination of the Lease terminates all rights under this Section 10. Any assignment or subletting by Tenant
of the Lease of more than 30% of the Premises (other than a 

  
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Permitted Transfer) terminates Tenant’s rights with respect to the ROFO Space, unless Landlord consents to the contrary in writing at the time of such subletting or assignment. 

(d) Allowance and Free Rent. In connection with an extension of the Term pursuant to this Section 10: 

(i) any tenant improvement allowance described in the ROFO Offer will be adjusted upward or downward in proportion to the
relative difference between the duration by which the Term is extended, on the one hand, and the duration of the term contemplated by the ROFO Offer, on the other hand; provided, however, that the tenant improvement allowance will not exceed $****
per rentable square foot; and 
 (ii) any free rent period described in the ROFO Offer will be lengthened or shortened in
proportion to the relative difference between the duration by which the Term is extended, on the one hand, and the duration of the term contemplated by the ROFO Offer, on the other hand; *******************************************. 

11. Right of First Refusal. 

(a) Right of Refusal. If Landlord, at any time after the date of this Amendment through the end of the Term, receives an offer,
acceptable to Landlord, from third parties to lease space in the Building (any such offer will be referred to as a “ROFR Offer” and the space described in the ROFR Offer will be referred to as the “ROFR Space”),
then Landlord will notify Tenant, in writing, and include in such notice the business terms of such ROFR Offer. Tenant will not be entitled to receive a ROFR Offer with respect to any renewal or extension of a lease by a tenant occupying any portion
of the ROFR Space. Provided an Event of Default, or any fact or circumstance which with the giving of notice or the passage of time or both would become an Event of Default, does not then exist beyond any applicable cure period under the Lease, and
subject to the rights of all other entities which have rights to the ROFR Space that are superior to Tenant’s as of the date of this Amendment (“Prior Entities”) and any renewal rights granted to tenants of the ROFR Space as of
the date of this Amendment, Tenant will have seven (7) business days from and after the later of the date of its receipt of such notice from Landlord or the date upon which all Prior Entities elect not to take such ROFR Space, in which to
elect, by notice (a ‘‘ROFR Acceptance Notice”) to Landlord, to lease such ROFR Space for the consideration and on the terms contained in the ROFR Offer (the “Right of Refusal”) and other terms as may be
mutually agreeable to the Landlord and Tenant. If Tenant does not provide a ROFR Acceptance Notice within such seven (7) business day period, Tenant will be deemed to have elected not to exercise the applicable ROFR Offer. If all Prior Entities
elect not to lease the ROFR Space, and Tenant elects to exercise the Right of Refusal, then Landlord and Tenant will amend the Lease to include such ROFR Space on the terms stated in the ROFR Offer. The closing of the amendment of the Lease will
take place within thirty (30) days after the later of (i) the date that Landlord receives the ROFR Acceptance Notice, or (ii) the date of expiration of all superior rights of Prior Entities to lease the ROFR Space. The Right of
Refusal will be deemed a continuing right and will apply to each ROFR Offer during the Term, provided, however, that upon Tenant’s rejection or deemed rejection of a ROFR Offer, Landlord may enter

  
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into the lease which was described in the ROFR Offer, and Tenant will have no rights under this Section 11 with respect to the ROFR Space subject to such ROFR Offer until after the
expiration of the term of any such lease (and any applicable renewals) by and between Landlord and a third party relating to such ROFR Space. In the event that Tenant rejects or is deemed to have rejected a ROFR Offer and Landlord thereafter
determines to offer or accept economic terms which overall are more favorable to the proposed tenant than the terms reflected in the ROFR Offer, Landlord shall submit to Tenant a revised ROFR Offer reflecting the proposed terms, where upon the
provisions of this Section 11 will again apply except that Tenant will only have three (3) business days in which to accept, reject or be deemed to have rejected the revised ROFR Offer. Tenant’s rights under this
Section 11 are subject and subordinate to the existing rights of Prior Entities. 
 (b) Additional Terms Applicable to ROFR
Acceptance. Notwithstanding the provisions of Subsection 11(a): 
 (i) Except as set forth below, in the event that
Tenant timely exercises its Right of Refusal and a confirmatory amendment regarding the ROFR Space is executed by Landlord and Tenant, the Term of the Lease with respect to the entirety of the Premise then leased by Tenant and the ROFR Space will be
extended to a date which is seven (7) years following the date that the Lease commences with respect to the ROFR Space. 

(ii) In the event that Tenant timely exercises its Right of Refusal and a confirmatory amendment regarding the ROFR Space is
executed by Landlord and Tenant, and, at the time of exercise of the Right of Refusal, Tenant is leasing **% or more of the rentable area of the Building, the Term of the Lease with respect to the entirety of the Premise then leased by Tenant and
the ROFR Space will be extended to a date which is ten (10) years following the date that the Lease commences with respect to the ROFR Space. 

(iii) Base Rent rates payable with respect to any such extension of the Term will escalate in the same manner as Base Rent
rates with respect to the ROFR Space escalate pursuant to the terms of the ROFR Offer. 
 (iv) If Tenant fails to execute a
confirmatory amendment regarding the ROFR Space as set forth above, the ROFR Acceptance Notice with respect to such ROFR Space will automatically be deemed rescinded and the Right of Refusal with respect to such ROFR Space will automatically be
deemed to have been rejected by Tenant. 
 (c) Allowance and Free Rent. In connection with an extension of the Term pursuant to
Subsection 11(b)(b)(i) or (b)(ii) above: 
 (i) any tenant improvement allowance described in the ROFR Offer
will be adjusted upward or downward in proportion to the relative difference between the duration by which the Term is extended, on the one hand, and the duration of the term contemplated by the ROFR Offer, on the other hand;

  
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provided, however, that the tenant improvement allowance will not exceed $**** per rentable square foot; and 

(ii) any free rent period described in the ROFR Offer will be lengthened or shortened in proportion to the relative difference
between the duration by which the Term is extended, on the one hand, and the duration of the term contemplated by the ROFR Offer, on the other hand; *******************************************. 

(d) Limitations on Tenant’s Rights. Tenant will have no right to lease any ROFR Space and its notice exercising the Right of
Refusal will be ineffective if an Event of Default, or any fact or circumstance which with the giving of notice or the passage of time or both would become an Event of Default, exists beyond any applicable cure period at the time such notice is
given or at the time the amendment to the Lease is scheduled to be executed by Landlord and Tenant. Any termination of the Lease terminates all rights under this Section 11. Any assignment of this Lease or subletting greater than 30% of
Premises by Tenant (other than a Permitted Transfer) terminates Tenant’s rights with respect to the Right of Refusal, unless Landlord consents to the contrary in writing at the time of such subletting or assignment 

12. Assignment and Subletting. 

(a) Permitted Transfers. Tenant may, upon notice to Landlord but without obtaining Landlord’s consent, assign this Lease or sublet
all or any portion of the Premises to any individual(s) or entity: (i) that owns or is concurrently acquiring a majority of the equity interests in Tenant; (ii) a majority of the equity interests in which are owned or concurrently being
acquired by Tenant; (iii) a majority of the equity interests in which are owned or are concurrently being acquired by the same individual(s) or entity that owns a majority of the equity interests in Tenant; or (iv) is concurrently merging
into Tenant or into which Tenant is concurrently merging (any such assignment or sublease being referred to herein as a “Permitted Transfer”). 

(b) Other Transfers. In connection with any proposed Transfer other than a Permitted Transfer, Landlord will not unreasonably delay,
withhold or condition its consent. Any rent received by Tenant under any sublease in excess of Rent due from Tenant under the Lease shall be divided between Landlord and Tenant as provided in Section 10(g) of the Original Lease, after
deducting Tenant’s actual and reasonable costs associated therewith. 
 (c) Termination of Recapture Right. Subsection
10(f) of the Lease is hereby deleted in its entirety. 
 13. Parking. 

(a) In the event Landlord enters into any new leases of space within the Complex or amends any existing lease within the Complex, Landlord will
not grant in any such new lease or amendment rights to use parking spaces which would result in the tenant under such lease or amendment having a right to use in excess of 4.3 parking spaces per 1,000 rentable square feet of space leased by such
tenant within the Complex. 

  
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 (b) Landlord may not eliminate, reduce the number of, or reallocate any of the parking spaces
allocated by Landlord to the Building as of the date of this Amendment. 
 (c) Tenant and its employees shall have the right to use up to 227
parking spaces on an unreserved basis at no charge, subject to the terms and conditions of the Lease and to reasonable Rules and Regulations proscribed from time to time by Landlord, including the designation of specified areas in which automobiles
operated by Tenant or its employees may be parked; provided, however, that Tenant and its employees shall not use in excess of 193 parking spaces until such time as CH2MHill vacates Suites 205 and 207 of the Building. 

14. Staging and Storage Space. Subject to applicable Law, Landlord will make available Suites 115 and 200 of the Building for the
exclusive use by Tenant as staging and storage space (the “Storage Space”) supporting Tenant’s operations in the Premises. Tenant’s rights hereunder to use the Storage Space are conditioned upon the Lease being in full
force and effect and there being no Event of Default thereunder. Tenant’s use of the Storage Space will be subject to all applicable provisions of the Lease as if the Storage Space were included within the definition of the Premises leased to
Tenant; provided, however, that Tenant will not be required to pay Rent with respect to the Storage Space. Tenant’s rights to the Storage Space will terminate simultaneously with such termination of the Lease. Tenant will remove all of its
property from the Storage Space immediately upon the termination of the Lease. 
 15. After-Hours HVAC. Section 7(a) of
the Lease is hereby amended to provide that the charge payable by Tenant with respect to HVAC service to the Premises outside of Normal Business Hours is $**** per hour. 

16. Furniture. Within twenty-one (21) days after the Date of this Amendment, Landlord will remove from the First Expansion Premises
the furniture identified on Exhibit N attached hereto. 
 17. Guaranty. All of Tenant’s obligations under the Lease
will be guaranteed by Markit Group Limited (“Guarantor”). Upon Tenant’s execution of this Amendment, Tenant will cause Guarantor to execute a Lease Guaranty in the form attached hereto as Exhibit O (the
“Guaranty”) and will then cause Guarantor to deliver such Guaranty to Landlord simultaneously with Tenant’s delivery of this Amendment. Landlord’s obligations under this Amendment are expressly conditioned on Tenant’s
delivery of the Guaranty executed by Guarantor. 
 18. Deletion of Obsolete Provisions. 

(a) Exhibit D attached to the Original Lease and Exhibit B attached to the First Amendment are hereby deleted in their
entireties. Landlord will not perform any work with regard to the Premises, except as expressly set forth in this Amendment or the exhibits attached hereto. 

(b) Exhibit H attached to the Original Lease and Section 7 of the First Amendment are hereby deleted in their entireties and
replaced by Section 13 of this Amendment. 

  
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 19. Notices. Tenant’s notice address for all written notices required under the
Lease and this Amendment shall be deleted in its entirety and replaced with the following: 
 MARKIT ON DEMAND, INC. 

5718 Central Avenue 
 Boulder, CO
80301 
 Attention: Accounts Payable (if invoice/billing) or Jessica Pappas (other issues) 

With simultaneous copies to: 

MARKIT ON DEMAND, INC. 
 Attn:
Office Manager 
 5718 Central Avenue 

Boulder, CO 80301 
 MARKIT GROUP
LIMITED 
 Attn: General Counsel 

4th floor 
 Ropemaker Place 

25 Ropemaker Street 
 London EC2Y
9LY 
 United Kingdom 
 Berg
Hill Greenleaf & Ruscitti LLP 
 Attn: Patrick K. Perrin, Esq. 

1712 Pearl St. 
 Boulder, CO 80302

 20. Counterparts; Electronic Execution. This Amendment may be executed in counterparts, each of which will constitute an original,
but all of which, when taken together, will constitute but one agreement. Executed copies hereof may be delivered by telecopier, email or other electronic means and upon receipt will be deemed originals and binding upon the parties hereto,
regardless of whether originals are delivered thereafter. 
 21. Brokers. Landlord and Tenant hereby represent and warrant to each
other that they have not dealt with any broker, agent or finder in connection with this Amendment, other than CB Richard Ellis, Inc., representing Landlord, and Cushman & Wakefield of Colorado, Inc., representing Tenant (collectively,
“Broker”), whose commission shall be paid by Landlord pursuant to a separate agreement. Landlord and Tenant hereby agree to indemnify and hold the other party harmless from all damages, liabilities and expenses, including reasonable
attorneys’ fees, arising from any claims or demands of any other broker, agent or finder other than Broker 

  
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for any commission alleged to be due to such broker, agent or finder in connection with this Amendment. 

22. Ratification. Except as amended hereby (and by the First Amendment), the Lease has not been amended and, as amended hereby (and by
the First Amendment), the parties ratify and confirm the Lease as being in full force and effect. 
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 CONFIDENTIAL TREATMENT REQUESTED by Markit Ltd. 

 

 Having read and intending to be bound by this Amendment, the parties have executed it to be
effective as of the date first set forth above. 
  

									
	LANDLORD:
	
	CROWN-DENVER VII, LLC,
a Delaware limited liability company
		
	 By:
	 	Petrus Investors 2005, L.P.,
a Delaware limited partnership,
its Managing Member
			
		 	By:	 	Petrus-Crown GP 2005, L.L.C.,
a Delaware limited liability company,
its General Partner
				
		 		 	By:	 	Crown West Realty, L.L.C.,
a New York limited liability company,
its Managing Member
					
		 		 		 	 By:
	 	 /s/ Wesley C. Huang

		 		 		 		 	 Wesley C. Huang
 Managing
Director

  
  

			
	TENANT:
	
	 MARKIT ON DEMAND, INC.,
 a Delaware
corporation

		
	By:	 	Catherine Allegra
		 	  

	Print Name:	 	CATHERINE ALLEGRA
	Title: 	 	Global Head of MARKIT on DEMAND

  
 21 

*** Information has been omitted and filed separately with the Securities and Exchange Commission. Confidential 

Treatment has been requested with respect to the omitted portions.EX-10.38

 Exhibit 10.38 

Execution Version 
  

 
 Share Purchase Deed 
 Ogier
Employee Benefit Trustee Limited 
 and 
 Markit Group
Holdings Limited 
 for the sale and purchase of Shares in the 

Capital of Markit Group Holdings Limited 
 23 March 2012

 CONTENTS 
  

							
	CLAUSE	  	PAGE	 
			
	1.	 	 DEFINITIONS
	  	 	1	  
	2.	 	 SALE AND PURCHASE
	  	 	3	  
	3.	 	 COMPLETION AND CONDITIONS
	  	 	4	  
	4.	 	 SELLER WARRANTIES
	  	 	5	  
	5.	 	 ASSIGNMENT
	  	 	6	  
	6.	 	 GENERAL
	  	 	7	  

 THIS DEED is made the 23rd day of March 2012

 BETWEEN: 
  

	(1)	OGIER EMPLOYEE BENEFIT TRUSTEE LIMITED (No. 78262), a company incorporated in Jersey whose registered office is at Ogier House, The Esplanade, St Helier, Jersey JE4 9WG in its capacity as trustee of the Markit
Group Holdings Limited Employee Benefit Trust (the “Buyer”); and 

  

	(2)	MARKIT GROUP HOLDINGS LIMITED (No. 06240773) whose registered office is at 4th floor, Ropemaker Place, 25 Ropemaker Street, London EC2Y 9LY (the
“Company”). 

 WHEREAS: 
  

	(A)	By a trust deed dated 27 January 2010 (the “Trust Deed”) made between the Company and the Buyer, a trust known as the Markit Group Holdings Limited Employee Benefit Trust (the
“Trust”) was established under which the Buyer in its capacity as trustee of the Trust (the “Trustee”) holds the property of the Trust upon discretionary trusts for the Beneficiaries (as defined in the Trust Deed).

  

	(B)	The Company is undertaking a Liquidity Event which will be structured such that the Buyer will purchase Shares from the Sellers (the “EBT Transfer”) upon the terms and subject to the conditions of this
deed. 

  

	(C)	Pursuant to the Liquidity Event, the Company will provide an opportunity to Qualifying Shareholders to sell all or some of their holding of Shares to the Buyer. In addition, Optionholders will have the opportunity to
participate in the Liquidity Event by exercising all or part of their Options and having their Shares purchased by the Buyer. 

 THE
PARTIES AGREE AS FOLLOWS: 
  

	1.	DEFINITIONS 

 In this deed the following expressions shall bear the following meanings,
unless the context otherwise requires: 
 “Articles” means the articles of association of the Company (as amended from time
to time); 
 “Board” means the board of directors of the Company from time to time; 

“Business Day” means a day (excluding Saturdays and Sundays) on which banks generally are open in London, Jersey and New York,
New York for the transaction of normal banking business; 
 “Company’s Solicitors” means Ashurst LLP, whose office is
at Broadwalk House, 5 Appold Street, London EC2A 2HA; 

  
 1 

 “Completion” means the completion of this deed in accordance with clause 3
hereof; 
 “Completion Date” means a date in the future (anticipated according to the current timetable to be 31 March
2012), whereby the Sale Shares are deemed to be transferred to the Buyer; 
 “Conditions” are those conditions set out in
clause 3.1 of this deed; 
 “Encumbrances” means any mortgage, charge (fixed or floating), pledge lien, security or other
third party right or interest (legal or equitable) including any right of preemption, assignment by way of security, reservation of title or any other security interest of any kind however created or arising or any other agreement or arrangement
(including a sale and repurchase arrangement) having similar effect or restriction over or in respect of the use of the relevant security or right; 

“Escrow Deed” means the escrow agreement between the Company, the Sellers, the Optionholders, the Buyer and Ashurst LLP in the
agreed terms; 
 “Form of Authority” means the form of authority in the agreed form circulated to certain shareholders of
the Company and to be completed by those Sellers who wish to sell their Shares pursuant to the terms of this deed and containing the Warranties to the Buyer on the terms set out herein; 

“Indemnity Form” means the indemnity for lost share certificates provided by certain of the Sellers to the Buyer; 

“Loan Agreement” means the loan agreement between the Company and the Trustee in the agreed terms; 

“Liquidity Event” means the EBT Transfer; 

“Markit Share Option Plans” means the share option plans of the Company; 

“Options” means the options granted to Optionholders which have vested pursuant to the Markit Share Option Plans; 

“Optionholders” means the holders of options to acquire Shares pursuant to the Markit Share Option Plans; 

“Qualifying Shareholders” means the holders of Shares in the Company at the relevant time who are permitted to participate in
the Liquidity Event; 
 “Sale” has the meaning given to it in the Articles; 

“Sale Consideration” means the total aggregate consideration payable by tile Buyer to the Sellers for Sale Shares pursuant to
the terms of this deed; 
 “Sale Schedule” has the meaning given to it in clause 3.3 of this deed; 

“Sale Shares” means the Shares that are to be sold by the Sellers pursuant to this deed; 

  
 2 

 “Sellers” means the participating shareholders and Optionholders of the Company
who agree by executing their respective Forms of Authority (and as evidenced by the execution by them on their behalf of a stock transfer form) to sell Shares under the Liquidity Event and “Seller” shall mean any one of them (as the
context dictates); 
 “Shareholders’ Agreement” means the shareholders’ agreement relating to the Company in force
at the date hereof (as may be amended from time to time); 
 “Shares” means the voting ordinary and non-voting ordinary
shares in the capital of the Company owned by each of the Qualifying Shareholders; and 
 “Warranties” means the warranties
given by each of the Sellers to the Buyer on the terms set out in clause 4. 
  

	2.	SALE AND PURCHASE 

  

	2.1	Upon the terms and subject to the conditions of this deed, the Company will procure that the Sellers (as legal and beneficial owners) shall sell and the Buyer shall purchase with effect from the Completion Date the Sale
Shares with full title guarantee free from any Encumbrances and together with all accrued benefits and rights attaching thereto. 

  

	2.2	Upon the terms and subject to the conditions of this deed, at Completion the Company shall use reasonable endeavors to procure the sale by the Sellers of their respective Sale Shares. 

 

	2.3	For the avoidance of doubt, the number of Sale Shares to be purchased pursuant to this deed by the Buyer will be determined by the elections made by the Qualifying Shareholders and Optionholders who participate in the
Liquidity Event and pro rata allocations made by the Company in respect thereof. 

  

	2.4	Therefore, the Company gives no guarantee to the Buyer of: 

  

	 	(a)	the amount of the loan (up to a maximum of US$62,000,000) that the Company will make to the Buyer for the purchase of the Sale Shares; or 

 

	 	(b)	the number of Sale Shares which the Buyer will purchase with effect from Completion save that the Company will ensure that the Buyer receives pursuant to the Loan Agreement the cash required by the Buyer to pay the Sale
Consideration. 

  

	2.5	The consideration for the sale and purchase of each of the Sale Shares, assuming that Completion takes place according to the anticipated timetable on 31 March 2012, shall be for a price of US$225.65 per Sale
Share, before the deduction of the Options’ exercise costs (where applicable), relevant taxes, fees, costs and expenses payable by the Sellers. 

  

	2.6	 As soon as is reasonably practicable following the date of this deed, the Company shall make available to the Qualifying Shareholders and Option

  
 3 

	 	
holders (via the Company’s new online liquidity event manager) the Forms of Authority and additional information relating to the Liquidity Event. 

 

	3.	COMPLETION AND CONDITIONS 

  

	3.1	Completion is conditional upon the satisfaction of’ the following conditions: 

  

	 	(a)	the passing of the requisite shareholder resolutions approving the Liquidity Event; 

  

	 	(b)	obtaining the appropriate Investor and Supermajority Consents (each as required by and defined in the Shareholders’ Agreement); 

 

	 	(c)	the participation of Qualifying Shareholders and Optionholders in the EBT Transfer; and 

  

	 	(d)	the execution of appropriate documentation by the Sellers. 

  

	3.2	The Company shall use reasonable endeavors to ensure that the Conditions are fulfilled as soon as reasonably practicable after the date of this deed. 

 

	3.3	The Conditions are waiveable only by the Company. Following the satisfaction (or waiver as applicable) of the Conditions, the Company shall promptly notify the Buyer that the Conditions have been satisfied (or waived as
applicable) and shall provide the Buyer with a sale schedule showing the identity of the Sellers, the number of Sale Shares being sold and the Sale Consideration in a form substantially similar to that set out in schedule 1 to this deed (the
“Sale Schedule”). 

  

	3.4	Promptly (and in any event prior to Completion) the Buyer and the Company will execute and deliver to the other the Loan Agreement and the Escrow Deed and the Company will, pursuant to the terms of the Loan Agreement
and the Escrow Deed, pay in cash by electronic transfer the Sale Consideration to the Buyer. 

  

	3.5	Completion shall occur at the offices of Ashurst LLP two days following the service of the Sale Schedule (or such later date as the parties shall agree) and on Completion the Company shall deliver to or make available
to the Buyer (i) transfers in the appropriate form relating to all the Sale Shares duly executed on behalf of each Seller in favour of the Buyer and (ii) duly executed Indemnity Forms or share certificates (as appropriate) from the
Sellers. 

  

	3.6	On Completion and upon compliance by the Company with the provisions of clause 3.5 of this deed, the Buyer shall provide for the transfer by CHAPS of the Sale Consideration to the Sellers via the account notified to it
by the Company (the payment and receipt of such amount being good discharge by the Buyer of its payment obligations hereunder). 

  

	3.7	The Company hereby acknowledges and agrees that it shall be responsible for any deduction from the Sale Consideration to be paid to the Sellers and will pay in a timely manner any stamp duty charge arising out of or in
connection with the sale and purchase of the Sale Shares effected pursuant to this deed. 

  
 4 

	4.	SELLER WARRANTIES 

  

	4.1	The Company will procure that the Forms of Authority contain the following provisions set out in clauses 4.2 to 4.8 (inclusive) and if any prospective Seller indicates in their duly returned Form of Authority that they
are not prepared to agree to such terms then such prospective Sellers will be precluded from selling their Sale Shares pursuant to this deed (unless agreed to the contrary by the Buyer). 

 

	4.2	The Form of Authority will provide that the Sellers each severally (and not jointly and severally) warrant to the Buyer and the Company in the following terms as at Completion that: 

 

	 	(a)	he/she is the only legal and beneficial owner of the Sale Shares to be sold by him/her; 

  

	 	(b)	there is no Encumbrance in relation to any of the Sale Shares to be sold by him/her; 

  

	 	(c)	he/she is entitled to transfer or procure the transfer of the full legal and beneficial ownership of the Sale Shares to be sold by him/her to the EBT on the terms set out in this deed; 

 

	 	(d)	neither the sale by the Seller of his/her Sale Shares as contemplated by this deed, nor the execution, delivery or performance of any of the other documents to which the Seller is or will become a party, the
consummation by the Seller of the transactions contemplated thereby, nor the compliance by the Seller with any of the provisions of this deed and/or the other documents to which he/she is or will become a party will, in each case in any material
respect result in any breach of any terms, conditions or provisions of any contract or undertaking to which the Seller is a party; and 

  

	 	(e)	there are no proceedings pending or, to the knowledge of the Seller, threatened against the Seller that would reasonably be expected to adversely affect the Seller’s sale of his/her Sale Shares or prevent or
materially delay completion thereof. The Seller is not subject to any outstanding order that could materially and adversely affect the Seller’s sale of his/her Sale Shares. 

 

	4.3	Each of the Warranties shall be construed as a separate warranty, and (unless expressly provided to the contrary) shall not be limited by the terms of any of the other Warranties or by any other term of this deed.

  

	4.4	Nothing in this clause 4 shall exclude or limit liability in respect of claims arising directly out of any statements made fraudulently or arising as a direct result of fraudulent concealment by the Sellers.

  

	4.5	 Save in the case of fraud or fraudulent concealment by a Seller, a Seller shall be under no liability in respect of any claim under the Warranties
unless written notice of such claim shall have been served upon the relevant Seller by the 

  
 5 

	 	
Buyer and/or the Company by the earlier of the completion of a sale, or listing, or by 5.00 p.m. on the day prior to the date which is six years following the date of this deed and the liability
of the relevant Seller for any claim specified in such notice shall absolutely determine and cease if legal proceedings have not been instituted in respect of such claim by the due service of legal proceedings within six months of the date of such
written notice (unless the amount payable in respect of the relevant claim has been agreed by the relevant Seller within six months of the date of such written notice). For the purpose of this clause 4.5 legal proceedings shall not be deemed to have
been commenced unless they shall have been properly issued and validly served upon the Seller. 

  

	4.6	Save in the case of fraud or fraudulent concealment by a Seller, the aggregate liability of each of the Sellers in respect of all claims (including the proper and reasonable costs of recovery in respect of any claim
incurred on behalf of the Buyer and/or the Company) whatsoever under this deed shall not in any circumstances exceed the amount received by that Seller pursuant to this deed and the Escrow Deed. 

 

	4.7	If the Buyer and/or the Company (as appropriate) becomes aware of any matter giving rise to any claim under the Warranties, it shall give written notice to the relevant Seller and the Company and/or the Buyer (as
appropriate) promptly after it became so aware, specifying the matter in reasonable detail and, so far as reasonably practicable, the nature and amount of the claim under the Warranties. 

 

	4.8	Each of the Sellers acknowledges that, immediately following Completion until such time as the transfer(s) of the Sale Shares have been registered in the register of’ members of the Company in the name of the
Buyer, each of the Sellers will hold those Sale Shares registered in his or her name on trust for and as nominee of the Buyer or its nominees and undertakes to hold all dividends and distributions and exercise all voting rights available in respect
of those Sale Shares in accordance with the directions of the Buyer or its nominees and if any Seller is in breach of tile undertakings contained in this clause that Seller irrevocably authorises the Buyer to appoint some person or persons to
execute all instruments or proxies (including consents to short notice) or other documents which the Buyer or its nominees may reasonably require and which may be necessary to enable the Buyer or its nominees to attend and vote at general meetings
of the Company and to do anything or things necessary to give effect to the rights contained in this clause 4.8. 

  

	4.9	The Buyer acknowledges and agrees that the provisions set out above in clauses 4.2 to 4.8 do not cause or create any legal obligations on the Company and the Company shall have no liability of any kind to the Buyer in
respect thereof. 

  

	5.	ASSIGNMENT 

  

	5.1	This deed is personal to the parties and no party without the prior written consent of the other (a decision in respect of such a consent not to be unreasonably delayed) shall assign, transfer, charge or declare a trust
of the benefit of all or any of the other party’s obligations nor any benefit arising under this deed. 

  
 6 

	5.2	Any purported assignment, transfer, subcontracting, delegation, charging or dealing in contravention of this clause 5 shall be ineffective. 

 

	6.	GENERAL 

  

	6.1	The terms of this deed (insofar as not performed at Completion and subject as specifically otherwise provided in this deed) shall continue in force after and notwithstanding Completion. The remedies of the Buyer in
respect of any breach of the Warranties shall continue to subsist notwithstanding Completion. 

  

	6.2	Each of the parties hereto shall bear their own legal, accountancy and other costs, charges and expenses connected with the sale and purchase of the Sale Shares. For the avoidance of doubt, stamp duty shall be payable
and borne by the Sellers. 

  

	6.3	This deed (together with any documents referred to herein) constitutes the entire agreement between the parties hereto in connection with the subject matter hereof. 

 

	6.4	If any provision of this deed is or becomes invalid, illegal or unenforceable in any respect under any law, the validity, legality and enforceability of the remaining provisions shall not be in any way affected or
impaired thereby. 

  

	6.5	Following Completion the Sellers shall from time to time forthwith upon request from the Buyer at its own expense do or procure the doing of all such acts and/or execute or procure the execution of all such documents in
a form reasonably satisfactory to the Buyer for the purpose of vesting in the Buyer the full legal and beneficial title to the Sale Shares or otherwise to give the Buyer and/or its nominee the full benefit of this deed, subject to any restriction or
limitation in this deed on the extent of any party’s obligations under this deed. 

  

	6.6	This deed and the terms of this deed shall be kept strictly confidential by the parties, save for the disclosure by the Company to its shareholders and Optionholders of this deed and the matters contemplated herein,
where the patties otherwise consent or for any other legal or regulatory reason or requirement. 

  

	6.7	This deed may be executed in any number of counterparts, and by each party on separate counterparts. Each counterpart is an original, but counterparts shall together constitute one and the same instrument. Delivery of a
counterpart of this deed by e-mail attachment or telecopy shall be an effective mode of delivery. 

  

	6.8	Any notice, demand or other communication given or made or in connection with the matters contemplated by this deed shall be in writing and shall be delivered personally or sent by e-mail or prepaid first class post
(air mail if posted to or from a place outside tile United Kingdom): 

  

			
	to the Company:	  	
		
	Address:	  	 Markit Group Holdings Limited
 4th floor

Ropemaker Place

  
 7 

			
		
		  	 25 Ropemaker Street
 London

EC2Y 9LY

	Attention:	  	Rony Grushka
		
	To the Sellers:	  	to the addresses set out in the Sale Schedule
		
	To the Buyer:	  	
		
	Address:	  	 Ogier Employee Benefit Trustee Limited
 as
trustee of The Markit Group Holdings Limited Employee
 Benefit Trust

Ogier House
 The Esplanade

St. Helier
 Jersey JE4 9WG

		
	 Attention:
	  	Anne Flowers

 and shall be deemed to have been duly given or made as follows: 

 

	 	(a)	if personally delivered, upon delivery at the address of the relevant party; 

  

	 	(b)	if sent by first class post, two Business Days after the date of posting; 

  

	 	(c)	if sent by air mail, five Business Days after the date of posting; and 

  

	 	(d)	if sent by e-mail, when dispatched provided a receipt of a non-delivery email is not received, 

provided that if, in accordance with the above provisions, any such notice, demand or other communication would otherwise be deemed to be given
or made after 5.00 p.m. on a Business Day such notice, demand or other communication shall be deemed to be given or made at 9.00 a.m. on the next Business Day. 
  

	6.9	A party may notify the other parties to this deed of a change to its name, relevant addressee, address or e-mail for the purposes of clause 6.8 provided that such notification shall only be effective on:

  

	 	(a)	the date specified in the notification as the date on which the change is to take place; or 

  

	 	(b)	if no date is specified or the date specified is less than five Business Days after the date on which notice is given, the date falling five Business Days after notice of any such change has been given.

  

	6.10	This deed (and any dispute, controversy, proceedings or claim of whatever nature arising out at or in any way relating to this deed or its formation) shall be governed by and construed in accordance with English law.

  
 8 

	6.11	Each of the parties to this deed irrevocably agrees that the courts of England and Wales shall have exclusive jurisdiction to hear and decide any suit, action or proceedings, and/or to settle any disputes, which may
arise out of or in connection with this deed (respectively, “Proceedings” and “Disputes”) and, for these purposes, each party irrevocably submits to the jurisdiction of the courts of England and Wales.

  

	6.12	Each party irrevocably waives any objection which it might at any time have to the courts of England and Wales being nominated as the forum to hear and decide any Proceedings and to settle any Disputes and agrees not to
claim that the courts of England and Wales are not a convenient or appropriate forum for any such Proceedings or Disputes and further irrevocably agrees that a judgement in any Proceedings or Disputes brought in any court referred to in clauses
6.10, 6.11 and 6.12 shall be conclusive and binding upon the parties and may be enforced in the courts of any other jurisdiction. 

  

	6.13	No variation of this deed nor waiver to any provision of this deed shall be valid and effective unless it is in writing and approved by the Company and the Buyer. 

 

	6.14	Save in the case of fraud or fraudulent concealment, no party shall be entitled to rescind this deed in any circumstances. 

  

	6.15	The Buyer is entering into this deed solely in its capacity as trustee of the Trust and not otherwise. The Buyer’s liability under this deed is therefore limited at all times to the value of the assets held in the
Trust from time to time which are in the Buyer’s possession or under its control as the trustee of the Trust and which have not been appointed or otherwise allocated to a beneficiary of the Trust. 

IN WITNESS whereof this deed has been executed on the date first above written. 

  
 9 

			
	Executed as a deed	 	)
	for and on behalf of	 	)
	OGIER EMPLOYEE BENEFIT TRUSTEE LIMITED	 	)
	 in its capacity as trustee of the Markit
 Group
Holdings Limited Employee
 Benefit Trust
 acting by
	 	

  

	
	/s/ [illegible]
	  

	
	Authorised Signator
	
	/s/ [illegible]
	  

	
	Authorised Signatory

  
 10 

					
	Executed as a deed	 	)	 	
	for and on behalf of	 	)	 	
	MARKIT GROUP HOLDINGS LIMITED	 	)	 	
	acting by Rony Grushka	 		 	[/s/ Rony Grushka]

 In the presence of: 
  

					
	Witness signature: 	 	 /s/ [illegible]
	  	
	Witness name: 	 	 /s/ [illegible]
	  	
	Witness address: 	 	 /s/ [illegible]
	  	
	Witness occupation: 	 	 Solicitor
	  	

  
 11

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