Document:

EX-10.15

 Exhibit 10.15 

This lease made this 15 day of June, 2016. 

BETWEEN:   Elk Property Management Limited, in its authorized capacity as Property Manager for PBX Properties Ltd.
and Hines Road Inc. 
 (Hereinafter called the “Landlord”) 

OF THE FIRST PART. 
  

	 AND:
	           Phreesia Inc. 

(Hereinafter called the “Tenant”) 

OF THE SECOND PART. 

Whereas: 

A.         This document and all schedules shall hereafter be referred to as the
“Lease” or the “lease”. 
 B.         “Proportionate” Share
means, with respect to the Tenant, a fraction, the numerator of which is the rentable area of the Premises and the denominator of which is the rentable area of the Building with such rentable areas to be determined in accordance with the prevailing
BOMA standard. 
 C.         “Rent” or “rent” means either or both of
Minimum Rent and Additional Rent. 
 PREMISES 

1.(a)       WITNESSETH that in consideration of the Tenant paying the rents and any other
amounts provided for herein and in consideration of the Tenant meeting all its other obligations as provided for herein, the Landlord does demise and lease unto the Tenant the premises as described herein. These premises shall be hereinafter called
either the “Leased Premises” or the “Premises” and has been estimated to have a rentable area of approximately 19,074 square feet, as shown in bold and hatched on the attached Schedule B, and located on portions of the first and
second floors of the building bearing the civic address of 1 Hines Road in the City of Ottawa, Province of Ontario which said building and lands are legally described and shown in Schedule “A” hereto annexed. The rentable area of the
Leased Premises shall be measured by the Landlord’s representative after completion of the Landlord’s Work and will be in accordance with the prevailing BOMA standards. The Tenant agrees that all rental amounts (including Minimum Rent,
Additional Rent and any Security Deposit) referred to in this Lease may be subject to changes to reflect the actual rentable area of the Leased Premises (i.e. including its share of any common areas), as determined by the Landlord in accordance with
prevailing BOMA standards. 
 The parties confirm that the Leased Premises consist of the following: 

(i) 7,237 sq. ft. of space on the ground floor of the Building, subject to an existing lease
agreement between the parties dated May, 2010 (“Current Space Lease”), with a current term to expire on September 30, 2016 (“Existing Premises”); 

(ii) 4,322 sq. ft. of space on the ground floor of the Building, currently subleased by the Tenant
from Bluedrop Performance Learning Inc. pursuant to a sublease agreement dated January 6, 2015 (“Sublease”), with a sublease term to expire on July 30, 2016 (“Sublease Premises”); 

(iii) 4,975 sq. ft. of new space on the ground floor of the Building (“New Ground Floor
Space”); and 

  
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 (iv) 2,540 sq. ft of new space on the second floor of the Building (“Second Floor
Space”). 
 The building, including the Premises and lands, including all driveways, parking areas and access and egress
points shall be hereafter referred to as the “Building”. 
 1(b)       The parties confirm
that workstation cubicles and reception desk in the Sublease Premises are the property of the Landlord. The Landlord agrees that the Tenant may continue to use such furniture at no charge throughout the Term of this Lease (including any extension or
renewal thereof). 
 1(c)       In the event that the Tenant requires additional space during the period
leading up to the commencement of the Term with respect to the New Ground Floor Space, the Landlord agrees that it shall, upon request of the Tenant at any point after August 15, 2016 and up to the date the Tenant commences operations in the
New Ground Floor Space, make a secure portion of Suite 300 on the 3rd floor of the Building (the “Swing Space”) available for use by the Tenant on an ‘as is’ (including all
workstations currently in the space) and Rent-free basis. The size and configuration of the Swing Space shall be mutually agreed upon by the parties, but in no event shall the area of the Swing Space exceed the area of the New Ground Floor Space.
The Landlord shall be responsible, at its own expense, for the construction of any demising walls, doors, locking mechanisms, etc. to create and secure the Swing Space. The Tenant must vacate the Swing Space within one week of the issuance of an
occupancy permit, by the City of Ottawa Building’s Branch, certifying completion of the Tenant’s fit-up (as set out in s.17) failing which the Tenant shall pay rent, both Minimum and Additional Rent as called for in the Lease, for the
Swing Space. 
 TERM 

2(a)       The Tenant shall lease the Leased Premises for a term (hereinafter called the
“Term” or “term”) commencing on the 1st day of September, 2016 or such later date has provided herein (the “Commencement Date”), and to be completed and ended on the date which is five
(5) years after the completion of the Free Rent Period (as defined in Section 3(a)(ii) below). 
 The parties acknowledge
that the current tenant of the New Ground Floor Space is subject to a lease which does not expire until December 31, 2016. The Landlord shall use its best efforts to deliver vacant possession of the New Ground Floor Space (with the
Landlord’s Work completed) by September 1, 2016, failing which the Commencement Date shall be deemed to be the date on which the Landlord delivers vacant possession of the New Ground Floor Space to the Tenant (with the Landlord’s Work
completed), which date shall in no event be later than January 15, 2017. 
 2(b)       The parties
acknowledge that the current term of the Current Space Lease expires on September 30, 2016. Accordingly, if the Commencement Date is on or before September 30, 2016 then, as of the Commencement Date, the Tenant’s lease of the Existing
Premises shall be governed exclusively by the terms of this Lease and the Current Space Lease shall be null and void. If the Commencement Date is after September 30, 2016, then the Current Space Lease shall be deemed to be extended, on all of
the same terms and conditions contained therein, to the period ending on the day prior to the Commencement Date, and thereafter the Tenant’s lease of the Current Space Lease shall be governed exclusively by the terms of this Lease. For clarity,
it is the intention of the parties that, until the Commencement Date, the Tenant shall continue to pay rent for the Existing Premises at the current 

  
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 rental rate set out in the Current Space Lease. 

2(c)       The parties agree that, during the period commencing on August 1, 2016 and to be completed
and ended on the day prior to the Commencement Date, the Tenant shall continue to occupy the Sublease Premises on all of the same terms and conditions as set out in the Sublease, save and except that the Sublease shall be deemed to be directly
between the Tenant and the Landlord and, as of August 1, 2016 the rent to be paid by the Tenant to the Landlord for the Sublease Premises shall be based upon a fully net rental rate of Twelve Dollars ($12.00) per square foot. As of the
Commencement Date, the Tenant’s lease of the Sublease Premises shall be governed exclusively by this Agreement. 
 RENTALS PAYABLE 

3(a)      (i) The Tenant covenants and agrees to pay the Landlord as rental for the Leased Premises,
without setoff or deduction: 
 (ii) For the first 2 months of the term (the “Reduced Rent Period”),
the Tenant covenants and agrees to pay to the Landlord as Minimum Rental for the Leased Premises, without any setoff or deduction whatsoever the amount of $26,435.62 plus HST in equal monthly installments of $13,217.81 plus HST based on a fully
net rental rate of $11.25 per square foot. For clarification, notwithstanding that the Premises has a rental area of 19,074 square feet the Minimum Rent and Additional Rent, both as defined herein, during the Reduced Rent Period shall be calculated
on a rental area of 14,099 square feet. Both Minimum Rent and Additional Rent, for the balance of the Term shall be calculated on the full rental area of the Premises, being 19,074 square feet. Notwithstanding the foregoing, in the event that the
Tenant does not obtain an occupancy permit for the New Ground Floor Space within two (2) months of the Commencement Date, then the Reduced Rent Period shall be extended to the earlier of: (i) the date which is three (3) months from
the Commencement Date; and (ii) the date on which the Tenant obtains an occupancy permit with respect to the New Ground Floor Space. For greater clarity. Minimum Rent and Additional Rent shall be payable on the full 19,074 square feet by no
later than the date which is three (3) months after the Commencement Date, regardless of whether or not the Tenant’s Fit-up has been completed by such date. 

(iii) For the next 36 months of the term, the Tenant covenants and agrees to pay to the Landlord as Minimum Rental for
the Leased Premises, without any set-off or deduction whatsoever the amount of $643,747.50 plus HST, in equal monthly installments of $17,881.88 plus HST based on a fully net rental rate of $11.25 per square foot. 

(iv) For the final 24 months of the term, the Tenant covenants and agrees to pay to the Landlord as Minimum Rental for
the Leased Premises, without any set-off or deduction whatsoever the amount of $486,387.00 plus HST, in equal monthly installments of $20,266.13 plus HST based on a fully net rental rate of $12.75 per square foot. 

All such rental payments shall be made in advance, on the first day of each calendar month and shall be referred to either as the
“Minimum Rental” or “Minimum Rent”; 

  
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 (v) In addition to the Minimum Rent, the Tenant shall pay Additional Rental (the
“Additional Rent” or ‘‘Additional Rental”) representing payment by the Tenant of its Proportionate Share of all taxes, insurance and operating costs for the Building and other costs as set forth in subparagraphs 3(j), 3(k)
and 3(I) and elsewhere in this lease, as applicable. The Landlord hereby estimates such Additional Rental for the 2016 to be $13.06 per square foot. All such payments of Additional Rental shall be based on the Landlord’s estimates and shall
also be paid monthly on the first day of each calendar month. 
 The Tenant agrees that all rental amounts referred to in this paragraph and the
amount shown under paragraph 3(d) entitled Security Deposit may be subject to change to reflect the actual rentable area of the Leased Premises (i.e. including its share of any common areas), as reasonably determined by the Landlord in accordance
with prevailing BOMA standards. 
 MINIMUM RENTAL and ADDITIONAL RENTAL 

3(b)     The Minimum Rental and Additional Rental will be adjusted proportionately for any Lease Year, which is other than
twelve (12) calendar months. Tenant shall, on or before the first day of each month, deliver to the Landlord payment for an amount equal to the amount of Minimum Rental and Additional Rental plus GST or HST as applicable payable in each month
of such Lease Year, provided that the first such payment, if applicable, is to include also any pro-rated Minimum Rental and Additional Rental for the period from the date of the commencement of the Term to the first day of the first full calendar
month in the Term. 
 RENT ADJUSTMENT FOR INTEREST RATE INCREASE 

3(c)     deleted intentionally 
 SECURITY
DEPOSIT 
 3(d)     The Landlord confirms that it is currently holding the sum of $16,480.16, previously received from the
Tenant as a security deposit with respect to the Existing Premises. The Landlord shall receive an additional amount of $62,153.39 (which includes HST), which shall be payable by way of a set-off of this amount by the Landlord against the Tenant
Inducement (as set out in s.17). Of this amount, $32,275.31 will apply on account of the first month’s rent of the Term and the balance (i.e. $46,358.24) will be retained by the Landlord without interest, as a security deposit, to be released
after the expiry of the Term so long as the Tenant has complied with all of its obligations herein including but not limited to the paragraph entitled Surrender of the Premises. 

MANNER AND PLACE OF PAYMENT OF RENT 

3(e)    (i)     All rent shall be paid by the Tenant to the Landlord or to any entity designated by the Landlord,
at par at the principal office of the Landlord or at such other place as the Landlord may designate in writing from time to time without any prior demand therefore, and shall be payable in lawful money of Canada. 

(ii)     Any sums received by the Landlord from or for the account of the Tenant when the Tenant is in default
hereunder may be applied at the Landlord’s option to the satisfaction, in whole or part, of any of the obligations of the Tenant then due hereunder in such manner as the Landlord sees fit, and regardless of any designation or instruction of the
Tenant to the contrary. 
 LEASE YEAR 

  
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 3(f)     The first Lease Year shall commence on the first day of the Term and shall end
12 calendar months after the first day of the first calendar month following the Commencement Date. Thereafter, the Lease Years shall consist of consecutive periods of twelve (12) months. If, however, the Landlord deems it necessary or
convenient for the Landlord’s accounting purposes, the Landlord may at any time and from time to time, by written notice to the Tenant, specify an annual date from which each subsequent Lease Year is to commence, and, in such event, the then
current Lease Year shall terminate on the day preceding the commencement of such new Lease Year. The last Lease Year of the term shall terminate as of the termination of this Lease Agreement either on account of the running of time or on account of
the early termination of this Lease under the terms hereof. 
 SET-OFF & ABATEMENT 

3(g)     All Minimum Rent and Additional Rent and other sums payable hereunder by the Tenant to the Landlord shall be payable without
any deduction, set-off or abatement whatsoever. 
 INTEREST ON ARREARS 

3(h)     If the Tenant shall fail to pay, when due, any Minimum Rent, Additional Rent, or installment on account thereof, or any
other amount payable to the Landlord hereunder, the amount unpaid shall bear interest from the due date thereof to the date of payment at the rate of 4% in excess of the prime rate of interest then chargeable by the Landlord’s bankers to its
most favoured customers on commercial loans in Canadian currency, but this provision for interest shall not limit any other remedies which the Landlord may have in respect of such default. 

OPERATE ON CONTINUOUS BASIS 
 3(i)
    Deleted Intentionally 
 ADDITIONAL TAXES AND RATES 

3(j)     In addition to the Minimum Rent, The Tenant shall pay an additional monthly sum (herein called the “Additional Rental
for Taxes”) estimated by the Landlord as sufficient to reimburse the Landlord for the Tenant’s Proportionate Share of all municipal, provincial, federal or other governmental taxes or rates or charges of every nature or description that
are attributable to the Building (hereafter “Taxes”). These Taxes shall include without limiting the generality of the foregoing, realty taxes, school taxes, general taxes, goods and services taxes (i.e. GST, HST or any other tax or levy
that replaces or is in addition to such tax or that is charged on any of the rent payable by the Tenant as called for herein), value added taxes, business transfer taxes, any and all capital taxes including but not limited to taxes based upon or
computed by reference to capital or paid up capital of the Landlord so long as such capital taxes relate to this Building, fire protection charges, water rates, sewerage rates, local improvement rates, general or particular levies or assessments, or
charges or any similar rates, taxes, assessments or charges levied by any municipal, provincial, federal or other governmental authority against the Building to the extent that the same are attributed, by the Landlord, to the Leased Premises but
excluding any interest or penalty payable as a result of the failure by the Landlord to make any payment of any such taxes, rates, or charges when due. Upon the receipt by the Landlord of any demand for payment or statement of 

  
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 account with respect to any such taxes, rates and charges, it shall notify the Tenant and the Tenant shall
pay for any variation in the monthly amount payable as Additional Rental for Taxes under this clause; provided, however, that the Landlord shall be entitled to vary the Additional Rental for Taxes at any time upon giving notice in writing of such
variation to the Tenant and all amounts payable under this Lease as Additional Rental for Taxes shall be recoverable by the Landlord from the Tenant in the same manner as rent under the terms hereof. 

If at any time during the Term, Taxes payable for the Building are calculated based, in whole or in part, on the Building being less than fully occupied
by tenants carrying on business, then the Landlord may at its option and acting reasonably, adjust the Taxes payable as if the Building had been fully occupied by tenants carrying on business. The parties acknowledge that the purpose of this clause
is to ensure that the Landlord solely benefits from any lower rate or assessment levied on vacant space in the Building. It is the intent of this paragraph that the Tenant pays no more in Taxes than if the Building were fully occupied and that the
Landlord benefit from any reduction in Taxes related to vacancies in the Building 
 In addition, if at any time during the Term, such taxes payable
for the Building are calculated or assessed based, in whole or in part, on 1 or more tenants being tax exempt or receiving a reduction or any relief in taxes then the Landlord may, at its option and acting reasonably, charge the remaining tenants,
including the Tenant by adjusting such taxes for the Building payable for that period of time such that taxes assessed on the non-exempt portion(s) of the Building are shared among the remaining tenants, including the Tenant and/or in the event of a
tax reduction or tax relief being afforded to one or more tenants, charge the remaining tenants, including the Tenant by adjusting the taxes to an amount which reflects the amount of such real property taxes which would have been payable if the
Building had been or were fully occupied by tenants, none of whom are tax exempt or are receiving a reduction or any relief in taxes 

Notwithstanding anything to the contrary, the Landlord shall appeal Taxes as would a prudent landlord of a similar property, should any assessment
appear unfair to the Landlord, acting reasonably. 
 INSURANCE 

3(k)     The Tenant shall, during the Term of this tenancy and any renewal thereof, at the Tenant’s sole cost and expense,
obtain and keep in full force and effect insurance policies to cover fire and property damage, business interruption, and public liability of not less than two million ($2,000,000) dollars for each occurrence. In addition, the Tenant shall obtain
and maintain tenant’s legal liability Insurance in an amount equal to the cost of reconstructing the portion of the building specifically occupied by the Tenant under the terms of this Lease. Such Tenant’s insurance shall include, but not
be limited to coverage from loss or damage caused by malicious damage, lightning, explosion, windstorm, hail, sprinkler leakage (if applicable), smoke, impact of vehicles or aircraft and such other insurable hazards as the Landlord may from time to
time reasonably decide but not in an amount exceeding the replacement value thereof. Such Tenant’s “all risk” insurance shall also cover property of every kind and nature owned by the Tenant or for which the Tenant is legally liable,
or installed by or on behalf of the Tenant and which is located within, in or about, the Leased Premises in an amount not less than the full replacement cost thereof. The Tenant shall provide the Landlord with a certificate of insurance confirming
that all insurance coverage required by this Lease has been placed by the Tenant pursuant hereto prior to the commencement date and annually thereafter with renewals thereof at least 30 days prior to any expiry thereof. Such certificate shall
confirm that both the Landlord and the Property Manager have been added as Additional Insureds, and shall contain a clause 

  
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 providing 30 days written notice of any material change or cancellation of any of the required policies. If
required, the Tenant shall provide the Landlord with actual copies of the policies. The Tenant shall provide the Landlord with copies of all certificates of insurance coverage required to be placed by the Tenant pursuant hereto prior to the
Commencement Date or, date it takes occupancy and annually thereafter with renewals thereof at least thirty (30) days prior to any expiry thereof. In addition if required by a mortgagee of the Landlord, the Tenant shall furnish to the Landlord,
within ten (10) business days after demand thereof by the Landlord, additional copies of same. In the event the Tenant fails to obtain any insurance referred to in this section, the Landlord may place such insurance, and the cost thereof
together with interest on such payment at a rate equal to the stipulated rate of interest (Royal Bank prime rate plus 4%) from the date such payments are made by the Landlord until reimbursed by the Tenant shall forthwith be payable by the Tenant to
the Landlord. The Tenant hereby agrees and understands that the placing of any of the above mentioned insurance by the Landlord shall in no way relieve the Tenant from any obligation assumed under this Lease. 

The Tenant covenants that nothing will be done or omitted to be done upon the Leased Premises or any part thereof and nothing will be brought upon the
Leased Premises or any part thereof which may result in an insurance policy to be cancelled or the Leased Premises or Building to be rendered uninsurable. 

All insurance policies shall be in form and substance and with insurers satisfactory to the Landlord, acting reasonably, The “all risk”
insurance required to be maintained by the Tenant under this clause shall include a waiver of subrogation in favour of the Landlord and against those for whom the Landlord is in law responsible and the comprehensive general liability policy shall in
addition contain a provision for cross-liability and severability of interest. 
 The Landlord shall be entitled to be named as a co-insured or
additional insured, under the Tenant’s public liability policy required herein, and, in any event, the Tenant will arrange, if possible, for notice to be given by an insurer to the Landlord of any cancellation of any of the policies of
insurance required by this Lease to be maintained by the Tenant. 
 The Landlord shall maintain on the Building, any and all insurance as would be
maintained by a prudent landlord of a similar property, including but not limited to, all risks insurance and insurance against all perils, reasonable in the circumstances, for full replacement cost with minimum by-law endorsement and broad extended
coverage, boiler insurance coverage, insurance against loss of rental income by reason of fire, flood or any other peril and third person liability and any other liability insurance protecting the Landlord against all or any claims for personal
injury including death or property damage in an amount deemed advisable by the Landlord from time to time, and if and when deemed advisable by the Landlord, insurance against loss of an “all risk” nature including but not limited to
earthquake, and the Tenant shall reimburse the Landlord by paying a further additional monthly sum (herein called the “Additional Rental for Insurance”) for the Tenant’s proportionate share of all costs and charges in connection with
any such insurance, including but not limited to deductibles paid by the Landlord as part of claims made by the Landlord and all such costs and charges may be recovered by the Landlord from the Tenant in the same manner as rent under the terms
hereof. 
 OPERATING AND MAINTENANCE COSTS 
 3(l)
    Unless caused by Tenant’s misuse or neglect and subject to Tenant’s obligation to maintain and 

  
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 effect repairs, at the Tenant’s cost, as outlined in paragraph 4(e) herein entitled Tenant Repairs and
Alterations and elsewhere as called for in the Lease, the Landlord shall maintain and repair the Building, including the repair and replacement of any Building components such as the roof as well as the foundations, structural columns of the
Building and mechanical, electrical and other basic systems of the Building as well as perimeter fences, if applicable, and the Landlord shall maintain, operate and manage to the standard of a high quality building, all the lands comprising the said
Building including the parking areas and landscaped areas. The Tenant shall reimburse the Landlord its Proportionate Share for all costs related to the aforementioned repairs and replacements and for all other operating costs to maintain, operate
and manage the Building and lands in such a manner. Such Tenant’s reimbursement for such costs shall hereinafter be called “Additional Rental for Operating Costs”. Subject to the Tenant Repairs and Alterations clause herein, the said
operating costs shall include all the aforenoted costs and shall also include, but not be limited to, the amounts paid whether by the Landlord or others on behalf of the Landlord for complete maintenance services for the Building such as are in
keeping with maintaining the standard of a high quality building and shall include all repairs and replacements required for such maintenance, including but not limited to the following: all grass cutting and removal and other landscaping costs
including litter removal, parking lot maintenance and snow removal, the costs of policing and providing security and fire safety, all costs for removal of any debris including Hazardous Substances as later defined herein, maintenance of the exterior
of the Building including roof repairs and maintenance, the costs of providing water and electricity or any other utility not otherwise chargeable directly to or payable by tenants, and any costs related to consumption of utilities (including but
not limited to electricity, gas, water, oil, cable, etc.) or any costs incurred to investigate or to install any devices, systems or equipment designed to reduce the consumption of such utilities, service contracts with independent contractors, all
amounts paid for wages, benefits, and other payments to janitors, caretakers and any other staff, to the extent they are directly involved in the maintenance and management of the Building, managerial fees (not to exceed 5% of total Rent (ie
including both Minimum Rent and Additional Rent), all costs related to building measurements as well as costs to investigate and/or contest changes in zoning, by-laws or other regulatory issues which may affect the use or occupancy of the Building,
supplies used in the maintenance of the Building, the cost of heating, ventilating and/or air-conditioning the Building, including the common areas of the Building not directly chargeable to the Tenant and including repairs and replacements to all
equipment used in the provision of plumbing, electricity, heating, ventilating, and air conditioning of the Building including any meters and all other expenses paid or payable by the Landlord in connection with the operation of the Building. All
such costs and charges may be recoverable by the Landlord from the Tenant in the same manner as rent under the terms hereof. 
 Such operating costs
shall not include interest on debt or capital retirement of debt, or any amount directly chargeable by the Landlord and collected from any tenant or tenants as otherwise provided herein, or the proceeds realized by the Landlord from any insurance
claims made by the Landlord in connection with repairs done by the Landlord, sums payable by the Landlord as taxes on income of the Landlord and which are clearly personal to the Landlord and are not directly related to the Building, the costs of
enforcing other tenants’ obligations under leases, costs and expenses of leasehold improvements relating to renewed tenancies, real estate commissions, tenant inducements or tenants’ work costs incurred by the Landlord in acquiring new
tenants for the Building, charitable or political contributions; interest, penalties, or other costs arising out of the Landlord’s failure to make timely payment of its obligations under this Lease; costs of adding or deleting floors; any bad
debt loss, rent 

  
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 loss, or reserves for bad debt or rent loss; overhead and profit increment paid to subsidiaries or
affiliates of the Landlord for services on or to the Building, but only to the extent that the costs of such services exceed competitive costs for such services rendered by unaffiliated persons or entities with respect to comparable buildings in the
immediate vicinity of the Building – however such restriction or limit on payments to affiliates shall exclude managerial fees which were determined to be 5% of gross rent as noted herein. 

Should the Landlord determine, in its sole discretion, that the amount of any expense should be amortized over more than 1 year, then such expense shall
be amortized at a rate of interest equal to the greater of 47% per annum, compounded monthly, or that rate of interest equal to 12% per annum over the prime rate of interest in effect and charged from time to time by the Landlord’s
bankers. 
 Notwithstanding anything else contained herein, the amount payable by the Tenant for operating costs, excluding taxes, utilities and
insurance, in any year of the Term, on a per-square foot basis shall be capped as follows 
  

							
	 2016
	 	$5.25psf	 	2019	 	$6.08psf
	 2017
	 	$5.51psf	 	2020	 	$6.38psf
	 2018
	 	$5.79psf	 	2021	 	$6.70psf

 For clarity, the Landlord and Tenant agree that the applicable sales taxes, realty taxes, utilities and insurance
premiums are not included in the capped amount and the Tenant shall pay such costs in the manner and at the time as set out in the Lease without deduction or limitation. 

Should part of the Building be vacant any time during the term of the lease, then, where appropriate, the Landlord may reasonably allocate expenses such
that the Landlord shall benefit from any reduced costs that are reasonably attributable to the vacancy and such that the Tenant shall pay amounts which it otherwise would have had to pay if the Building were fully occupied. 

DIRECT CHARGE FOR UTILITY CHARGES 
 3(m)
    Notwithstanding that the Landlord has included an estimate of the annual utility charges for the Building and Premises which estimate is included in the Landlord’s estimate of Additional Rental for Operating Costs the
Landlord reserves the right to separately meter and charge the occupants of the Building for their individual utility consumption. The cost of separately metering the utilities shall be a common cost of the Building. 

PAYMENT OF ADDITIONAL RENT 
 3(n)
    During the Term of the Lease, the Tenant shall pay to the Landlord, Additional Rental for Taxes, Additional Rental for Insurance and Additional Rental for Operating Costs and any other costs charged to the Tenant as provided
for in this Lease, which shall be collectively be referred to herein as Additional Rent, Additional Rental or Additional Rentals. Prior to the commencement of the term of this Lease and of each calendar year the Landlord shall estimate the amounts
of the said Additional Rentals as herein before set forth for the ensuing calendar year or (if applicable) broken portion thereof, as the case may be, and shall notify the Tenant in writing of such estimate. The amount so estimated shall be payable
in equal monthly installments in advance over the calendar year or broken portion thereof in question, on the first day of each and every month during such Lease Year. The Landlord may from time to time alter the calendar year selected in which case
the appropriate adjustment in monthly installments shall be made. From time to time during a calendar year, the Landlord may re-estimate the amount of the taxes, insurance, or operating costs or any of them, in which event the Landlord shall notify
the Tenant in 

  
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 writing of such re-estimate and the Tenant shall pay the amended monthly installments for the then
remaining balance of such calendar year or broken portion thereof. 
 Within sixty (60) days after the expiration of each calendar year, the
Landlord shall make a calculation of such taxes, insurance, and operating costs for such calendar year or broken portion thereof and shall notify the Tenant of such calculation and the Landlord and the Tenant shall make the necessary readjustment
within thirty (30) days of such notification to the Tenant. The Tenant may not claim a readjustment with respect to such Additional Rentals based upon any error of estimation, determination or calculation thereof unless claimed in writing
within one (1) year after the Landlord has provided the Tenant with the calculation referred to herein. 
 EXAMINATION OF RECORDS 

3(o)     The Tenant and its agents may within 60 days of the receipt by the Tenant of any notice respecting Additional Rental for
Taxes, Insurance or Operating Costs payable hereunder, at reasonable times, and upon giving reasonable prior notice in writing of its intention to do so, examine at the expense of the Tenant, the accounts, records, books, statements and other
documents concerning such Additional Rental all of which accounts, records, books, statements and other documents will be made available by the Landlord to the Tenant at reasonable times and at the Landlord’s place of business. All information
obtained by the Tenant as a result of such examination shall be treated as confidential. Should, as a result of the Tenant’s examination of records, the Landlord or Tenant feel an adjustment is warranted and should the Landlord and Tenant fail
to agree on such adjustment then an accountant, agreed upon by both parties, shall be appointed to examine the Landlord’s records to determine what adjustment if any, is required. The cost of such accountant shall not be included in operating
and maintenance costs under Section 3(l) of this Lease. 
 Should the adjustment, if any, be less than 5% of the total annual cost for the
Additional Rent then the Tenant shall pay, on its own, for the cost of such accountant. Should the cost be more than the 5% figure noted herein and should such adjustment result, in the Landlord being requested to pay such adjustment to the Tenant,
then the Landlord shall pay the cost for such accountant. 
 The Tenant may not use the services of an individual or company to verify such costs or
the Additional Rent calculation referred to herein if such company’s or individual’s compensation is in anyway related to achieving reductions in such amounts or savings for the Tenant. For clarity, there are no restrictions on the
Tenant’s choice of company or individual to verify such costs so long as compensation is based on a fixed fee or based on the amount of time spent. 

APPEAL OF ASSESSMENT 
 3(p)     The
Tenant shall be entitled at any time and from time to time, provided that it has first obtained the Landlord’s written consent, at the Tenant’s own cost and expense to appeal any assessment or taxes imposed or levied on the Leased Premises
or the Building and may take such appeal in the name of the Landlord provided that such appeal is prosecuted in good faith, and provided that if the Building or any part thereof or the Landlord shall become liable to assessment, prosecution, fine or
other liability, the 

  
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 Tenant shall have given cash security in an amount satisfactory to the Landlord in respect of such
liability and such undertakings as the Landlord may reasonably require to indemnify the Landlord from any costs of any nature in connection with such appeal. In no event shall the Tenant’s appeals noted herein permit the Tenant to delay any
payments of rent to the Landlord including but not limited to payment of Additional Rent for Taxes as called for herein. If the appeal results in a lower tax payment. Tenant’s Additional Rent shall be adjusted accordingly. 

TENANT’S COVENANTS 
  

	4.	 THE TENANT COVENANTS WITH THE LANDLORD AS FOLLOWS: 

	(a)	 To pay, without setoff, Minimum Rent and Additional Rents as herein set forth; 

	(b)	 To observe and perform all covenants and obligations of the Tenant herein; 

	(c)	 To pay the costs of, as and when the same become due, all gas, electrical, water and sewer rates and charges levied or
imposed or any other utility consumption costs including the cost of installing, repairing or replacing any meter so long as such cost does not also form part of the cost outlined in paragraph 3(l) herein entitled Operating and Maintenance Costs
charged or assessed against the Leased Premises as and when the same become due; 

 BUSINESS TAX, ETC. 

4(d)     To pay business and other taxes, charges, rates, duties and assessments levied, rated, charged or assessed against and in
respect of the Tenant’s occupancy of the Leased Premises or in respect of the personal property, trade fixtures, furniture and facilities of the Tenant or business of the Tenant on the Leased Premises, as and when the same become due, and to
indemnify and keep indemnified the Landlord from and against all payment of all loss, costs, charges and expenses occasioned by or arising from any and all such taxes, rates, duties, assessments, license fees and any and all taxes which may in
future be levied in lieu of such taxes, and also if the Tenant or any person occupying the Leased Premises or any part thereof shall elect to have the Leased Premises or any part thereof assessed for separate school taxes, the Tenant shall pay to
the Landlord as soon as the amount of the separate school taxes is ascertainable, any amount by which the separate school taxes exceed the amount which would have been payable for school taxes had such election not been made as aforesaid. 

TENANT REPAIRS AND ALTERATIONS 

4(e)    (i) General Repairs: Subject to the provisions of Section 9 of this Lease, the Tenant shall, at its own cost and
expense, keep and maintain the interior, non-structural portions of the Leased Premises in good order, condition and repair including all replacements, maintenance and repair, ordinary, extraordinary, foreseen and unforeseen, except for those
matters that are clearly indicated herein as the Landlord’s obligation to repair. Without limiting the generality of the foregoing the Tenant shall, at all times, at its sole cost, keep and maintain the whole of the Premises including without
limitation, all interior partitions and interior walls, interior and exterior of all door frames and doors including, where applicable, loading doors, dock levels, interior of all windows, fixtures, shelves, equipment and appurtenances thereof and
improvements thereto (including without limitation, electrical, lighting, including ballasts and tubes, wiring, plumbing fixtures and equipment), and all telephone outlets and conduits within or serving the Premises in good working order and repair
(which shall include periodic painting and decoration) as reasonably determined by the Landlord, and the Tenant shall make all needed repairs and replacements with due diligence and dispatch. The Tenant shall be responsible to replace any glass
broken on the 

  
 - 12 - 

 

 Premises including outside windows and doors of the perimeter of the Premises (including perimeter windows
in the exterior walls) during the Term and such glass shall be replaced by the Tenant with glass of as good quality and size as that glass so broken. The Tenant shall effect all repairs referred to herein according to notice from the Landlord but
failure to give notice shall not relieve the Tenant from its obligation to repair. 
 The Tenant will at all times keep the Leased Premises clean and
in a sanitary condition, conforming to all municipal by-laws or ordinances and laws affecting the use of the Leased Premises including, without limitation to, the city regulations. 

 

	 	4 (e) (ii)	     Urgent Repairs: Notwithstanding anything herein before contained, the Landlord may, in
any event, enter the Leased Premises and make repairs to the Leased Premises without notice if such repairs are, in the Landlord’s opinion, necessary for the protection of the Building and the Tenant covenants and agrees with the Landlord that
if the Landlord exercises any such option to repair, the Tenant will pay to the Landlord together with the next installment of rent due following the exercise of such option all sums which the Landlord shall have expended in making such repairs
(less any insurance proceeds recovered in connection therewith) and such sums if not so paid within such time shall be recoverable from the Tenant as rent in arrears. Provided further that in the event that the Landlord from time to time makes any
repairs as herein before provided, the Tenant shall not be deemed to have been relieved from its ongoing obligation during the Term, to repair and maintain the Leased Premises in a good state of repair including leaving the Leased Premises in a good
state of repair and cleanliness after the Tenant leaves. 

4 (e) (iii)    Additional Repairs: Notwithstanding any other terms, covenants and conditions
contained in this Lease, including without limitation, the Landlord’s obligations to take out insurance and the Tenant’s obligation to pay the cost of such insurance, if the Building or any part thereof including but not limited to the
Leased Premises, or any equipment, machinery, facilities or improvements contained therein or made thereto, or the roof or outside walls of the Building or any other structural portions thereof require repair or become damaged or destroyed through
the negligence, carelessness or misuse of the Tenant or its servants, agents, employees or anyone permitted by the Tenant to be in the Building, or through the Tenant in any way blocking or damaging the heating apparatus, water pipes, drainage pipes
or other equipment or facilities or parts of the Building, the cost of the resulting repairs, replacements or alterations plus a sum equal to 15% of the cost thereof representing the Landlord’s administrative overhead and charges, shall be
borne by the Tenant who shall pay the same to the Landlord together with interest (with such interest to be calculated in accordance with paragraph 3(h) herein), forthwith upon fifteen days following presentation of an account for such expenses
incurred by the Landlord 
 4 (e) (iv)     Tenant to Notify. The Tenant shall promptly notify
the Landlord of any damage to, malfunction of, or deficiency or defect in any part of the Premises or any equipment or utility systems or installations therein or serving the Premises (collectively referred to as “Premises Defect”) that
might cause or result in injury to any person or property including 

  
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 the Building. 

4(e)            (v) Alterations. The Tenant shall not make any repairs, alterations,
additions, decorations, improvements nor add fixtures except trade fixtures (hereafter collectively referred to as the “Alterations”) to any part of the Premises without first obtaining the Landlord’s written approval. Prior to
commencing any such Alterations, the Tenant shall submit the following, at the sole cost of the Tenant, to the Landlord, for the Landlord’s approval: 

	 	(a)	 If reasonably required by the Landlord, drawings and specifications prepared by qualified architects or engineers and
conforming to good engineering practice; 

	 	(b)	 Confirmation that the Tenant’s insurance policy provides coverage for any damage caused by the Alterations;

	 	(c)	 Evidence satisfactory to the Landlord that the Tenant has obtained, at its expense, all necessary consents, permits,
licenses and inspections from all governmental and regulatory authorities having jurisdiction and 

	 	(c)	 Should the Landlord’s review and approval require the use of third party consultants the Tenant shall be
responsible to pay all said reasonable third party costs. 

 And the Landlord shall have 10 business days from having received all
the previous information to indicate, in writing, whether it shall permit such Alterations, which approval shall not be unreasonably withheld. Should the Tenant make a request, in writing, asking the Landlord which of its proposed Alterations the
Tenant may leave behind or leave as is at the end of the term, then the Landlord shall also have 10 business days to respond in writing to this request from the Tenant. 

4 (e) (vi)        All Alterations approved by the Landlord shall be performed in the following manner:

	 	(a)	 At the sole cost of the Tenant. 

	 	(b)	 By competent workmen approved by the Landlord, acting reasonably, and whose labour union affiliations, if any are
compatible with others employed by the Landlord and its contractors. In the case of work or repairs related to the mechanical, electrical or structural systems of the Building, the Landlord will have the right to insist that the Tenant use the
Landlord’s trades, professionals or contractors provided the amount charged by any such contractor shall be at market rates. 

	 	(c)	 In a good and workmanlike manner; 

	 	(d)	 In accordance with the drawings and specifications approved in writing by the Landlord 

	 	(e)	 subject to the reasonable regulations, controls, approvals, and inspections of the Landlord or its professionals with
any reasonable out of pocket cost of such supervision or inspection to be at the Tenant’s expense. All Alterations shall be subject to a supervisory charge of 15% of the cost in addition to the Landlord’s reasonable out of pocket costs.
Upon completion of the Alterations the Tenant must provide a list of all costs incurred for the Alterations including all applicable invoices, if requested, to the Landlord 

 

	 	(f)	 The Tenant covenants that it will not suffer or permit during the term hereof any mechanics’ or other liens, for
work, labour, services or materials ordered by it or for the costs of which it may be in any way obligated, to attach to the Leased Premises or to the Building and that whenever and so often as any such liens shall attach or claims therefore shall
be filed, the Tenant shall, within twenty (20) days after the Tenant has notice of the 

  
 - 14 - 

 

	 	 claim for lien, procure the discharge thereof by payment or by giving security or in such other manner as is or may be
required or permitted by law. 

  

	 	(f)	 Except for the Tenant’s trade fixtures, the Tenant accepts that any Alterations shall, when made or installed in
the Leased Premises, be and become the property of the Landlord without any payment or compensation to the Tenant being made and that unless specifically instructed, in writing, by the Landlord, the Tenant shall not remove any such Alterations from
the Leased Premises either during or after the term. The Landlord may at is sole discretion require the Tenant to restore all or part of the Leased Premises to the condition in which they were at the commencement of this Lease, except for reasonable
wear and tear all being done at the Tenant’s expense. Should the Tenant fail to perform such repair or restoration work requested by the Landlord, then the Landlord may do such work at the expense of the Tenant and collect from the Tenant the
cost of same as Additional Rent whether before or after the expiry of the Lease. 

 The Tenant’s obligation to
observe and perform this covenant shall survive, for a period of 12 months after the expiration or earlier termination of the Term. 

4(e)    (vii) Landlord’s Right to Perform. At all reasonable times which are not unduly inconvenient to the Tenant,
the Landlord has the right to enter and view the conditions or state of repair of the Leased Premises. If the Tenant shall fail to make any of the repairs required by any of the provisions of sections 4(e)(i) to 4(e)(vii) inclusive hereof, or any
other section of the Lease, or to commence the performance of any of its obligations thereunder within ten business (10) days after notice to the Tenant by the Landlord or any shorter period of time required by any mortgage affecting the
Premises, the Landlord shall have the right (but not the obligation) to make any such repairs, replacements or perform maintenance work or any other work required of the Tenant pursuant to the above noted sections or any other section of this Lease
and charge the actual cost and if the Landlord has performed the work plus 15% of such cost representing the Landlord’s administrative and overhead charges and such total cost shall be paid by the Tenant to the Landlord as Additional Rent
within 15 days of invoicing by the Landlord. 
 ASSIGNING OR SUBLETTING 
  

	4(f)	 (1)    The Tenant will not: 

	 	(i)	 assign this Lease; nor 

	 	(ii)	 sublet, share or part with possession of all or any part of the Leased Premises; nor 

	 	(iii)	 mortgage or encumber the Lease or the Leased Premises, 

(collectively, a “Transfer”) by or in favour of any person, corporation or other entity (a “Transferee”) without the prior written
consent of the Landlord, acting reasonably. For the purpose of this Lease, any “management” agreement, or similar agreement entered into by the Tenant and another party, whereby the Tenant assigns or delegates the management of the
business conducted in the Leased Premises, in whole or in part, to another party, even temporarily, shall fall under the definition of parting with or sharing of the occupation, control or possession of the Leased Premises. 

The Landlord will take into account the following factors in deciding whether to grant or withhold its consent: 

 

	 	a.	 whether the Transfer is contrary to any covenants or restrictions granted by the

  
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	 	 Landlord to any other party including, but not limited to, governmental authorities or to other existing tenants or
occupants of the Building; and 

	 	b.	 whether in the Landlord’s opinion the financial strength and background, business and credit history and
capability of the Transferee, including the Transferee’s proposed use of the premises, is satisfactory to the Landlord. 

	 	c.	 Any change in use- The Landlord may withhold its consent if any such Transfer entails a change in use from that use
approved by the Landlord for the Tenant, as provided for in this Lease. 

 Any sublet, assignment or other transfer of the Lease,
Leased Premises or change in ownership of the Tenant without the written consent of the Landlord, shall be a default under the Lease. The Tenant may not assign the Lease, sublet the Leased Premises or part with or share occupation, control or
possession of the Leased Premises if it is in default of any of its obligations under the Lease. 
  

	 	(2)	 The Landlord shall have no liability for or in connection with any claims, actions, damages, liabilities or expenses
of any kind or nature whatsoever of the Tenant as a result of the Landlord withholding its consent to any Transfer pursuant to and in accordance with this paragraph 4(f). The Tenant agrees that its only remedy in respect of the Landlord’s
withholding of consent will be to bring an application for a declaration that the Transfer should be allowed. 

 The
consent by the Landlord to any Transfer will not constitute a waiver of any necessity for consent to any subsequent Transfer. This prohibition against a Transfer includes: 

	 	(i)	 a change in the control of the Tenant from the persons or entities holding voting control at the date of the Lease, in
which case the provisions of section 4(h) herein shall apply: 

	 	(ii)	 an assignment by operation of law; and 

	 	(iii)	 a change in the composition or control of the partnership if the Tenant is a partnership or is controlled by a
partnership. 

  

	 	(3)	 If the Tenant intends to effect a Transfer, then the Tenant will give prior written notice to the Landlord of such
intent, specifying the proposed Transferee and providing additional information, including without limitation: 

	 	(i)	 financial and business information, including business history, relating to the Transferee that the Landlord may
reasonably request, including all intended uses to be conducted in the Premises by the Transferee; and 

	 	(ii)	 a copy of the page of the agreement between the Tenant and Transferee identifying the parties to the transaction.

	 	    	 The Landlord will, within 15 business days after having received notice and all necessary information, notify the
Tenant in writing either that it consents or does not consent to the Transfer (in which case the Landlord shall provide its reasons for such refusal). 

  

	 	(4)	 If there is a Transfer, the Landlord may collect Rent from the Transferee, and apply the net amount collected to the
Rent required to be paid pursuant to this Lease, but no acceptance 

  
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	 	 by the Landlord of any payments by a Transferee will be a waiver of this covenant, or the acceptance of the Transferee
as the Tenant, or a release of the Tenant from the further performance by the Tenant of its covenants or obligations. 

  

	 	(5)	 Any documents evidencing or approving the Transfer will be prepared by the Landlord or its solicitors, and all
reasonable legal costs and other reasonable costs incurred by the Landlord, including but not limited to reasonable costs to offset the Landlord’s time and effort in processing the transfer, shall be paid by the Tenant to the Landlord, or its
agent, as a condition of and prior to the transfer and, if necessary may be collected as Additional Rent. 

  

	 	(6)	 Notwithstanding a Transfer, the Tenant will remain jointly and severally liable with the Transferee on this Lease and
will not be released from performing any of its obligations and it shall be a condition of receipt of the Landlord’s consent that the Transferee enter into a written agreement directly with the Landlord agreeing to be bound by all of the terms
contained in this Lease. 

  

	 	(7)	 If the Landlord consents to the Transfer, notwithstanding the provisions of paragraph 4(f), any rent or other
consideration received by the Tenant on account of the Transfer of its interest in all or part of the Leased Premises or this Lease in excess of the rent payable by the Tenant under this Lease shall be payable to the Landlord. 

The Tenant may not assign the Lease, sublet the Leased Premises or part with or share occupation, control or possession of the Leased
Premises if it is in default of any of its obligations under the Lease. 
 Notwithstanding anything to the contrary, the Tenant shall
have the right, without the consent of the Landlord, but on prior written notice to the Landlord, to (A) assign this entire Lease to, or (B) sublet the whole or part of the Premises to, or (C) undergo a change in effective voting
control where, after such change, effective voting control-vests in (individually and collectively referred to herein as a “Permitted Transferee”): 
  

	 	(a)	 a parent, holding body corporate, affiliate or subsidiary corporation of the Tenant; 

 

	 	(b)	 an entity beneficially owned or controlled by the Tenant; or 

 

	 	(c)	 a purchaser, whether by way of shares or assets, of the Tenant’s business operated on the Premises.

 But such transfers to a Permitted Transferee shall only be permitted if the tenant remains unconditionally
responsible for the Lease and if the Landlord receives evidence, to its satisfaction, that such transfer does not result in any reduction in the net worth and financial capacity of either such Transferee or, if applicable, the Tenant after the
change of control, when compared with the net worth and financial capacity of the Tenant at the time of Lease commencement or at time of such Transfer, whichever net worth and financial capacity is the greater. The Tenant must provide all
information reasonably requested by the Landlord to allow it to make such determination including but not limited to all financial information and all documents related to the Transfer or change of control. 

ASSIGNMENT BY LANDLORD 
  

	4(g)	 If there is a sale, lease or other disposition by the Landlord of the Building, or the assignment by the Landlord of
this Lease or any interest of the Landlord hereunder, and if the party acquiring the Landlord’s interest in the Building or this Lease agrees to be bound by all the covenants of the Landlord under this Lease, then the Landlord will, thereupon
and without further agreement, be relieved of all further liability 

  
 - 17 - 

 

	 	 with respect to its covenants and obligations, and the Landlord shall notify the Tenant of any transfer of the Security
Deposit. 

 At any time it so chooses, the Landlord may designate a management company to manage the
Building and upon written notice, from the Landlord, the Tenant will pay all rent called for herein to such management company. 
 CHANGE IN
CORPORATE CONTROL 
 4(h)    For the purposes of this paragraph, a change in control shall mean a change
whereby one or more related entities de facto control fifty percent (50%) of the then issued and outstanding voting shares plus one (1) share of the Tenant and such entity or entities are different from those owning such majority of voting
shares at the time of signing this lease. If at any time during the term any part of or all of the shares or voting rights of shareholders shall be transferred by sale, assignment, bequest, inheritance, trust, operation of law or other disposition,
or treasury shares be issued, so as to result in a change in the control of such corporation, the Tenant must disclose in writing, such changes to the Landlord failing which the Tenant would be in default of the Lease and the Landlord may, at its
option, terminate this Lease, at any time after such change in control by giving the Tenant 60 days prior written notice of such termination. The Tenant shall, at the reasonable request of the Landlord, make available to the Landlord for inspection
or copying, or both, all books and records of the Tenant which, alone or with other data, show the applicability or inapplicability of this paragraph. If the corporation, after the request of the Landlord, fails or refuses to furnish forthwith to
the Landlord such data, which data, alone or with other data would show the applicability or inapplicability of this paragraph, the Landlord may, at its sole option, terminate this Lease by giving the Tenant 60 days prior written notice of such
termination. Should the Landlord determine that such change in control results in a material deterioration in the financial strength or creditworthiness of the Tenant, then the Landlord may terminate, at its sole option, this Lease by giving the
Tenant sixty (60) days prior written notice of such termination 
 RULES AND REGULATIONS 

 

	4(i)	 The Tenant and its employees and all persons visiting or doing business with it on the Leased Premises or the
Building, shall be bound by and shall observe such reasonable Rules and Regulations as may hereafter be set by the Landlord of which notice in writing shall be given to the Tenant and upon such notice being delivered all such Rules and Regulations
shall be deemed to be incorporated into and form part of this Lease. The Rules and Regulations as at the date of execution of this Lease are those set out in Schedule “C”. Notwithstanding the foregoing, no changes to the Rules and
Regulations attached hereto shall derogate from the other provisions of this Lease. 

 USE OF PREMISES 

4(j)     Without the prior written consent of the Landlord, the Leased Premises shall be used only for general office
for a technology firm, as well as associated contact phone centre services providing clients, customers and suppliers with sales and consultation services. It is the Tenant’s obligation to ensure that such uses or activities conducted by it, in
the Building, comply with all applicable zoning and building by-laws and regulations or any other legislation or rules that govern such matters. Any failure to comply and any resulting prohibition by any governmental authority of any or all the
Tenant’s use, work or activity in the Building shall not relieve the Tenant from any of its rental obligations to the Landlord as described herein. 

  
 - 18 - 

 

 INCREASE IN INSURANCE PREMIUMS 

4(k)     The Tenant agrees that it will not keep, use, sell or offer for sale in or upon the Leased Premises any
article which may be prohibited by any insurance policy in force from time to time covering the Building. In the event the Tenant’s occupancy or conduct of business in, or on the Leased Premises, whether or not the Landlord has consented to
same, results in any increase in premiums for the insurance carried from time to time by the Landlord with respect to the Building, the Tenant shall pay any such increase in premiums as Additional Rent within 10 days after bills for such additional
premiums shall be rendered by the Landlord. In determining whether increased premiums are a result of the Tenant’s use or occupancy of the Leased Premises, a schedule issued by the organization computing the insurance rate on the Building
showing the various components of such rate, shall be conclusive evidence of the several items and charges which make up such rate. The Tenant shall promptly comply with all reasonable requirements of the insurance authority or of any insurer now or
hereafter in effect relating to the Leased Premises. 
 CANCELLATION OF INSURANCE 

4(l)     If any policy of insurance upon the Building or any part thereof shall be canceled by the insurer by reason
of the use or occupation of the Leased Premises or any part thereof by the Tenant or by any assignee or subtenant of the Tenant or by anyone permitted by the Tenant to be upon the Leased Premises, and the Tenant is unable to arrange similar
insurance coverage within 20 days, the Landlord may, at its option, terminate this Lease forthwith by leaving upon the Leased Premises notice in writing of its intention to do so and thereupon rent and any other payments and obligations, including
but not limited to the Tenant’s obligations under the Surrender of Premises clause herein, for which the Tenant is liable under this Lease shall be apportioned and paid in full to the date of such termination and the Tenant shall immediately
deliver up possession of the Leased Premises to the Landlord and the Landlord may re-enter and take possession of same. 
 OBSERVANCE OF LAW

 4(m)     The Tenant must comply with all provisions of law including without limitation, federal and
provincial legislative enactment, building by-laws, and any other governmental or municipal regulations which relate to the partitioning, equipment, operation and use of the Leased Premises, and to the making of any repairs, replacements,
alterations, additions, changes, substitutions or improvements of or to the Leased Premises. The Tenant must also comply with all police, fire and sanitary regulations imposed by any federal, provincial or municipal authorities or made by fire
insurance underwriters, and to observe and obey all governmental and municipal regulations and other requirements governing the conduct of any business conducted in the Leased Premises. Provided that in default of the Tenant so complying, the
Landlord may, at its option, where possible, comply with any such requirement and the cost of such compliance shall be payable by the Tenant to the Landlord as Additional Rent and the Landlord may enforce payment thereof as rent in arrears. 

WASTE & OVERLOADING OF FLOORS 
  

	4(n)	 The Tenant shall not do or suffer any waste or damage, disfiguration or injury to the Leased Premises or the fixtures
and equipment thereof or permit or suffer any overloading of the floors thereof; and not to place therein any safe, heavy business machine or other heavy object without first obtaining the consent in writing of the Landlord; and not to use or permit
to be used any part of the Leased Premises for any 

  
 - 19 - 

 

	 	 dangerous, noxious or offensive trade or business and not to cause or permit any nuisance in, at or on the Leased
Premises; and without the prior consent in writing of the Landlord, the Tenant will not bring onto or use in the Leased Premises or permit any person subject to the Tenant to bring onto or use on the Leased Premises any fuel or combustible material
for heating, lighting or cooking nor will it allow onto the Leased Premises any stove, or burner or appliances for utilizing the same and the Tenant will not purchase, acquire or use electrical current or gas for consumption on the Leased Premises
except from some supplier thereof as shall have been approved in writing by the Landlord. 

 INSPECTION 

4(o)     To permit the Landlord, its servants or agents to enter upon the Leased Premises, for the purpose of
inspection with 1 business day’s notice, and, without notice, if making emergency repair alterations or improvements to the Leased Premises or to the Building. The Tenant shall not be entitled to compensation for any inconvenience, nuisance or
discomfort occasioned thereby. The Landlord, its servants or agents may, upon having provided notice to this effect and from time to time enter upon the Leased Premises to remove any article or remedy any condition which in the opinion of the
Landlord, reasonably arrived at, would be likely to lead to cancellation of any policy of insurance as referred to in this Lease or elsewhere herein and such entry by the Landlord shall not be deemed to be a re-entry. 

INDEMNITY BY TENANT 

4(p)     (i) The Tenant agrees to indemnify and save harmless the Landlord of and from all liabilities, suits,
claims, demands, and actions of any kind or nature, including the full cost of the Landlord in resisting or defending same, to which the Landlord shall or may become liable for or suffer by reason of any breach, violation or non-performance by the
Tenant or any covenant, term or provision hereof or by reason of any occurrence resulting from, occasioned to or suffered by any person or property by reason of any act, neglect or default on the part of the Tenant or any of its officers, agents,
employees, visitors, customers or licensees; and the covenant of the Tenant in regard to such indemnification occurring during the term of the Lease or any renewal or overholding in respect thereof shall continue in full force and effect
notwithstanding the expiration of the term or the termination of this Lease for any reason whatsoever. 
 4(p)
    (ii) The Landlord shall not be liable for any damage howsoever caused to property of the Tenant or of any person subject to the Tenant which is in or upon or being brought to or from the Leased Premises or the Building
or for personal injury (including death) sustained in any manner by the Tenant or any person subject to the Tenant while the Tenant or any such person is in or upon or entering or leaving the Leased Premises or Building unless such property damage
or personal injury is clearly attributable to the gross and willful misconduct on the part of the Landlord or of any person for whom the Landlord is responsible, and except where the Landlord is not exempt from liability under this paragraph, the
Tenant will indemnify and save harmless the Landlord from and against all claims and demands made against the Landlord by any person for or arising out of any such property damage or personal injury. 

NO ABATEMENT OF RENT 

4(q)     Except as provided in Sections 9 of this Lease there shall be no abatement or reduction of rent whatsoever
during the term of the Lease or any extension thereof. 

  
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 EXHIBITING PREMISES 

4(r)     To permit the Landlord or its agents or servants upon twenty-four (24) hours’ notice to enter and
show the Leased Premises, during normal business hours, to prospective purchasers or to existing or prospective lenders of the Building and may, after notice terminating this Lease has been given, or within the last 12 months of the Term, enter and
show the Leased Premises to prospective tenants and erect a sign with reasonable dimensions stating that the Leased Premises are “For Rent”. 

MAINTENANCE 
 4(s)
    Deleted Intentionally 
 SIGNS 

4(t)     The Tenant shall not erect or maintain any identification sign of any type and in any location unless the
Tenant has received the Landlord’s prior written approval for such sign and it complies with all applicable by-laws and other regulations imposed by any governmental authority. In addition, the Tenant shall not erect, install, inscribe, paint
or affix any sign, lettering or advertisement upon or above the exterior of the Leased Premises or grounds, including the exterior glass surface of the windows or doors, nor shall the Tenant install, display, inscribe, paint or affix any sign,
lettering or advertisement to or upon the interior doors of the common areas of the Building without first, in each instance, securing the written approval of the Landlord failing which it shall be removed forthwith by the Tenant upon the request of
the Landlord. Should the Tenant fail to remove any such signage or markings after written notice to the Tenant, then the Landlord shall have the right to remove same, at the cost of the Tenant and the cost of same shall be collectible by the
Landlord under the same conditions as if it were considered to be rent. 
 On or before the expiry of the Lease or earlier termination
thereof, the Tenant, at its cost, must remove all signage and repair any damage caused by the installation or removal of such signage including any discolouration of the surface beneath the sign, failing which the Landlord shall have the right to
remove same, at the cost of the Tenant and the cost of same shall be collectible by the Landlord from the Tenant under the same conditions as if it were considered to be rent. 

The Tenant is a current occupant of the Building and may keep its existing lawn monument signage  

NAME OF BUILDING 4(u)    Intentionally deleted  

KEEP TIDY 
 4(v)
    At the end of each business day, to leave the office portion of the Leased Premises in a tidy condition. No outside storage of raw or processed materials or any other debris shall be permitted on or around the Building. 

GARBAGE REMOVAL 
 4(w)
    The Tenant shall, at its own cost, be responsible for the removal and disposal of all extraordinary garbage, whether by volume or type, as reasonably determined by the Landlord, in and around the Leased Premises, failing
which the Landlord shall do so at the cost of the Tenant. The Landlord shall be responsible to remove daily garbage and recycle, which form part of the operating costs for the Building. 

  
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 DELIVERIES 

4(x)     The Tenant shall receive, ship, take delivery of and allow and require suppliers or others to deliver or
take delivery of merchandise, supplies, fixtures, equipment, furnishings, wares or merchandise only through the facilities provided for that purpose as determined by the Landlord. Small packages and equipment/components may be delivered directly to
the Premises. 
 NOTICE OF DAMAGE 

4(y)Deleted Intentionally  

CERTIFICATES 
 4(z)
    The Tenant agrees that prior to the Commencement Date and at any time and from time to time upon not less than ten (10) business days prior notice execute and deliver to the Landlord a statement on a form to be provided
by the Landlord certifying, amongst other items reasonably requested on the Landlord’s form, that this Lease is unmodified and in full force and effect (or, if modified, stating the modifications and that the same is in full force and effect as
modified), the amount of the annual rental then being paid hereunder, the dates to which the same, by installments or otherwise, and other charges hereunder have been paid, and whether or not there is any existing default on the part of the Landlord
of which the Tenant has notice. 
 QUIET ENJOYMENT 

5.     The Landlord covenants with the Tenant for quiet enjoyment. 

LANDLORD’S COVENANTS 

6.     The Landlord covenants with the Tenant that, subject to the Tenant paying amounts as set forth in Paragraphs
3(a) and 3(j) or elsewhere as called for in this Lease, it shall pay all taxes and rates, municipal, parliamentary or otherwise, including without limiting the generality of the foregoing, water rates with respect to the Leased Premises or assessed
against the Landlord in respect thereof, except such as the Tenant has herein covenanted or is herein obligated to pay. 
 PARKING 

7.     The Tenant and all persons employed by or doing business with the Tenant shall have the use of the land as
designated from time to time by the Landlord for the purpose of access to and egress from the Building or Leased Premises, as applicable, and for parking of standard sized motor vehicles, provided that no such motor vehicle shall be parked on any
part of the lands contained in or around the Building which is a loading zone or is not designated by the Landlord for parking or where signs are in place indicating that parking is prohibited and the Tenant agrees to reimburse the Landlord on
demand for the cost of removal of any motor vehicles which are parked in breach of this clause and which belong to or are parked by any person employed by or doing business with the Tenant, all such costs to be recoverable by the Landlord as rent in
arrears under this Lease., It is specifically understood and agreed that the Landlord shall have the right to make all reasonable rules, regulations and by-laws relating to the operation of the parking area and means of ingress to and egress from
the Building or any part thereof, 

  
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 in regard to the parking, traffic control, excessive weights of loads on ramps or loading
docks and all such matters as are required or are normally incidental to the proper management of the Building. The Tenant covenants and agrees that it will observe, abide by and conform to all such reasonable rules, regulations and by-laws made or
established by the Landlord as aforesaid and as currently exist as outlined in the schedule attached hereto entitled Rules and Regulations The Tenant shall have the right to park up to 3.5 cars per 1,000sf of rentable space which parking shall be
un-allocated. 
 FIXTURES 

8.     The Tenant hereby accepts that all installations, alterations, additions, partitions, and fixtures, other than
trade fixtures and chattels in or upon the Leased Premises, whether placed there by the Tenant or the Landlord, shall immediately upon such placement, be the Landlord’s property without compensation therefore to the Tenant and shall not be
removed from the Leased Premises by the Tenant at any time either during or after the term. Notwithstanding anything herein contained, the Landlord shall be under no obligation to repair or maintain the Tenant’s installations, alterations,
additions, partitions and fixtures or anything in the nature of a leasehold improvement made or installed whether by the Tenant or by the Landlord on behalf of the Tenant; and further, notwithstanding anything herein contained, the Landlord shall
have the right upon the termination of this Lease by affluxion of time or otherwise to require the Tenant to remove its installations, alterations, additions, partitions and fixtures or anything in the nature of a leasehold improvement made or
installed by the Tenant or by the Landlord on behalf of the Tenant and to make good any damage caused to the Leased Premises by such installation or removal. 

FIRE 
  

	 	9.	 Provided that if during the continuation of this Lease the Building or the Leased Premises are destroyed or damaged by
fire or the elements, then the following provisions shall apply and in all cases the Landlord shall act reasonably in applying such provisions: 

  

	 	(a)	 If the Building or the Leased Premises are totally destroyed or are partially destroyed so as in the opinion of the
Landlord’ architect to render the Leased Premises wholly unfit for operation of its business by the Tenant or if they shall be so badly damaged that they cannot in the opinion of the Landlord’s architect be repaired with reasonable
diligence within 180 days of the happening of such damage, then this Lease shall at the option of the Landlord or Tenant cease and become null and void from the date of such damage or destruction and the Tenant shall within 15 days on reasonable
notice from the Landlord, surrender the Leased Premises and all interest therein to the Landlord, and the Tenant shall pay rent only to the time of such damage or destruction, and the Landlord may re-enter or re-possess the Leased Premises,
discharged of this Lease, and remove all parties therefrom. 

	 	(b)	 But if the Building or the Leased Premises are partially destroyed and can in the opinion of the Landlord’s
architect be repaired with reasonable diligence within 180 days from the happening of such damage and if the damage is such as to render the Leased Premises wholly unfit for operation of its business by the Tenant, then the rent shall not run or
accrue after said damage, while the process of repairs is going on, and the Landlord shall repair same with all reasonable 

  
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	 	 speed, and then the rent shall recommence immediately after the Landlord’s repairs shall be completed.

	 	(c)	 But if the Building or the Leased Premises can in the opinion of the Landlord’s architect be repaired within 180
days from the happening of such damage, and if the damage is such that the Tenant can operate its business in the undamaged portion of the Leased Premises, then until such damage shall have been repaired, the rent shall abate in the proportion that
the portion of the Leased Premises rendered unfit for occupancy bears to the whole of the Leased Premises, and the Landlord shall repair same with all reasonable speed. 

Provided, that, if, upon the completion by the Landlord of any repairs required as a result of any such destruction or damage a dispute
shall arise between the Landlord and the Tenant as to whether or not the Leased Premises have been made fit for the purposes of the Tenant under this Lease, such disputes shall be determined by an architect agreed upon by the Landlord and the Tenant
and paid for equally by them which decision shall be final and binding on the Landlord and the Tenant. 
 Provided further that if any
such total or partial destruction or damage is caused in whole or in part by any fault or neglect on the part of the Tenant or of any person subject to the Tenant nothing herein contained shall release or discharge the Tenant from liability for any
loss or damage thereby sustained by the Landlord. 

	 	(d)	 Other than an event where the Tenant (including but not limited to its employees, guests, customers, trades, suppliers
or anyone else related to or affiliated with the Tenant) is responsible for the damage then and for the purposes of clarifying the obligations of the Landlord and the Tenant in relation to repair when required pursuant to the provisions of this
Section, the Tenant shall be required to restore or replace all improvements and any Alterations as well as all its personal belongings and trade fixtures in the Leased Premises. 

DAMAGE OF PROPERTY 

10.     As the Tenant acknowledges that it is required to carry insurance as called for in paragraph 3k or elsewhere
in this lease, the Landlord shall not be liable or responsible in any way for any loss of or damage or injury to any property belonging to the Tenant or to employees of the Tenant or to any other person while such property is on the Leased Premises
or in the Building or in or on the surrounding lands and buildings owned by the Landlord whether or not such property has been entrusted to employees of the Landlord and without limiting the generality of the foregoing, the Landlord shall not be
liable for any damage to any such property caused by steam, water, rain or snow which may leak into, issue or flow from any part of the Building or from the water, steam or drainage pipes or plumbing works of the Building or from any other place or
quarter or from any damage caused by or attributable to the condition or arrangement of any electric or other wiring or for any damage caused by anything done or omitted by any other tenant. 

DELAYS IN PROVISION OF SERVICE 

11.     It is understood and agreed that whenever and to the extent that the Landlord shall be unable to fulfill, or
shall be delayed or restricted in the fulfillment of any obligation hereunder in respect of the supply or provision of any service or utility or the doing of any work or the making of any repairs by reason of being unable to obtain the material,
goods, equipment, service, utility or labour required to enable it to fulfill such obligation or by reason of any statute, law or order-in-council or any regulation or 

  
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 order passed or made pursuant thereto or by reason of the order or direction of any
administrator, controller or board, or any governmental department or officer of other authority, or by reason of not being able to obtain any permission or authority required thereby, or by reason of any other cause beyond its control whether in
the foregoing character or not, the Landlord shall be entitled to extend the time for fulfillment of such obligation by a time equal to the duration of such delay or restriction, and the Tenant shall not be entitled to either compensation or rent
reduction for any inconvenience, nuisance or discomfort thereby occasioned, however Landlord agrees it shall use its best efforts in all cases to effect all repairs so as to reasonably minimize disturbance to the Tenant’s business operations.

  

	 	12	 DEFAULT OF TENANT - Without prejudice to all of the rights and recourses available to the Landlord under
the Lease or otherwise, the following shall be considered as defaults under the terms of this Lease (each of which default is hereinafter called an “Event of Default”). 

 

	 	(i)-	 In the event that the Tenant shall be in default under any provision of this Lease providing for any payment of
rent or any other amount payable hereunder when due and such default shall continue for 3 business days after written notice specifying such default is given to the Tenant by the Landlord, the Landlord shall be authorised forthwith to commence legal
action without any further written notification to the Tenant. 

  

	 	(ii)-	 In the event that the Tenant is adjudicated bankrupt or makes any general assignment for the benefit of creditors, or
takes, or attempts to take, the benefit of any insolvency or bankruptcy legislation, or if a petition in bankruptcy is granted against the Tenant, or if a receiver or a trustee is appointed for its property, or any part thereof, pursuant to any
insolvency legislation, or any execution is issued pursuant to a judgement rendered against the Tenant unless same has been satisfied at least 10 days prior to the date fixed for sale or has been duly contested; or 

 

	 	(iii)-	 In the event that the Tenant shall be in default in observing any covenant herein contained or performing any of its
obligations contained in this Lease (other than a default in the payment of rent as provided herein) and such default shall continue for 15 days after written notice specifying such default is given to the Tenant by the Landlord, unless such default
is incapable of being remedied with due diligence within such period of 15 days, in which case, provided the Tenant has commenced to remedy such default and continues to act with due diligence in remedying same, the Tenant shall be entitled to a
reasonable extension of time to enable such default to be so remedied. 

  

	 	(iv)-	 In the event of any occurrence of an Event of Default, the current month’s Minimum Rent plus Additional Rent plus
the next ensuing 3 months’ Minimum Rent and Additional Rent shall immediately become due and payable and the Landlord may terminate this Lease and the term of this Lease will, at the option of the Landlord and without prejudice to the
Landlord’s other rights hereunder or by law, forthwith become forfeited and terminated and no payment or acceptance of rental subsequent to such termination will give the Tenant the right to continue occupancy of the Leased Premises or in any
way affect the rights of the Landlord herein. If the Landlord at any lime terminates this Lease for any breach or by reason of the occurrence of an Event of Default or if any legal action is taken for the recovery or possession of the Leased
Premises or for the recovery of any amount due under this Lease, the Landlord, in addition to any other remedies it may have 

  
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	 	 hereunder or by law, may recover from the Tenant all damages and all expenses it may incur or suffer by reason thereof,
including, without limitation, attorney’s fees and legal costs and the cost of re-possessing and re-letting the Leased Premises. 

  

	 	13-	 Upon the occurrence of an Event of Default, the Landlord may, without notice to the Tenant and without prejudice to
any other right of the Landlord hereunder or by law, enter and repossess the Leased Premises and it may use such force as it may deem necessary for that purpose and for gaining admittance to the Leased Premises and it may expel all persons and
remove all property of the Tenant from the Leased Premises and such property may be stored in a public warehouse or elsewhere at the cost and for the account of the Tenant, the whole without the Landlord being considered guilty of trespassing or
becoming subject to any prosecution or becoming liable for any loss or damage which may be occasioned thereby, any statute or law to the contrary notwithstanding. 

If the Landlord elects to repossess the Leased Premises as herein provided, or it takes possession thereof pursuant to legal
proceedings, or pursuant to any notice provided for by law, it may either terminate this Lease or it may from time to time, without terminating this Lease, make such alterations and repairs as may be necessary in order to re-let the Leased Premises,
or any part thereof, either in the name of the Landlord or otherwise for a term or terms which may, if the Landlord chooses, be less or greater than the balance of the Term and at such rent and upon such other terms and conditions that the Landlord
in its sole discretion deems advisable, and the Landlord may grant reasonable concessions in connection therewith. Upon each such re-letting all rent received by the Landlord from such re-letting shall be applied firstly to the payment of any
indebtedness other than rent due hereunder from the Tenant to the Landlord, including legal costs, solicitor’s fees and brokerage fees, secondly the expenses of keeping Leased Premises in good order and of preparing the Leased Premises for
re-letting and thirdly to the payment of arrears of rent due to the Landlord and on account of future rents. 
  

	 	14-	 Without limiting the generality of any provision of this Lease, if the Tenant shall default in the performance of any
of its obligations under this Lease, the Landlord may from time to time after giving such notice as it reasonably considers sufficient (or without notice in the case of an emergency) perform or cause to be performed any such obligations and for such
purposes and for such things as may be required, including, without limitation, entering upon the Leased Premises and doing such things upon or in respect of the Leased Premises or any part thereof as the Landlord reasonably considers requisite or
necessary to remedy such default. All expenses incurred pursuant to this section shall be paid by the Tenant as Additional Rent forthwith upon demand. 

The Landlord shall not be liable to the Tenant for any loss or damage resulting from any such action or entry by the Landlord unless
caused by the gross negligence or willful act of the Landlord or those for whom at law the Landlord is responsible for and same shall not be considered a breach of any obligation for peaceable enjoyment contained in this Lease or implied by law.

  
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	 	15-	 Mention in this Lease of any particular remedy or remedies of the Landlord in respect of any default by the other
party shall not preclude the Landlord from any other remedy in respect thereof, whether available in law or in equity or by statue or expressly provided herein. No remedy shall be exclusive or dependent upon any other remedy, but the Landlord may
from time to time exercise anyone or more of such remedies generally or in combination, such remedies being cumulative and not alternative. 

  

	 	16	 RE-ENTRY BY LANDLORD - The Tenant further covenants and agrees that on the Landlord becoming entitled to
re-enter the Leased Premises under any of the provisions of this Lease, the Landlord in addition to all other rights the Landlord may have in law or as outlined in the Lease, shall have the right to enter the Leased Premises as the agent of the
Tenant either by force or otherwise, without being liable for any prosecution and to re-rent the Leased Premises as the agent of the Tenant, and to receive the rent and as the agent of the Tenant, to take possession of any furniture or other
property on the Leased Premises and to sell the same at public or private sale without notice and to apply the proceeds of such sale and any rent derived from re-renting the Leased Premises on account of the rent, costs and damages under this Lease,
and the Tenant shall be liable to the Landlord for the deficiency, if any. 

 LANDLORD’S WORK 

 

	 	17.	 For that portion of the Premises on the first floor, the Landlord, at the Landlord’s sole cost, will be
responsible for the removal of the walls and kitchenette identified in blue on the plan dated April 29, 2016 and prepared by Parallel 45 Design Group Ltd. attached to the Lease as Schedule B1. Removal will include patching and repairing those
areas where the walls were disconnected from adjoining walls. 

 For that portion of the Premises on the second
floor the Landlord, at the Landlord’s sole cost, will remove the existing door and install drywall ready to accept the Tenant’s finishing in the location shown in orange on the floor plan attached to the Lease as Schedule B1. 

All other work within the Premises (the Tenant’s Fit-up) shall, subject to the prior written approval of the Landlord, be the
responsibility of the Tenant. In order to approve the Tenant’s Fit-up the Landlord will require the final plans, specifications and costs all of which must be to the Landlord’s satisfaction. At the time of the Landlord’s review of the
Tenant’s final plans and specifications the Landlord will be prepared to indicate, in writing, which, if any, of the Tenant’s Fit-up will not be subject to the surrender and restoration provisions of the Lease, as detailed in paragraph 19
herein and elsewhere where applicable. No work under the Tenant’s Fit-up can commence without the prior written approval of the Landlord. Upon completion of the Tenant’s Fit-up, the issuance of an occupancy permit by the Buildings Branch
of the City of Ottawa, the expiry of all lien periods, written confirmation from the Tenant that all trades and suppliers having worked on or supplied material for the Tenant’s fit-up have been paid in full and the Tenant is in occupancy of the
Premises the Landlord will provide the Tenant with a payment of $190,740.00 plus HST (the “Tenant Inducement”), less the amount setoff against the security deposit (as set out in s 3(d)), regardless of the actual cost of the
Tenant’s Fit-up. 

  
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 NON-WAIVER 

18.       No condoning, excusing or overlooking by the Landlord or the Tenant of any default, breach or non-observance by
the other of them at any time or times in respect of any covenant, proviso or condition herein contained shall operate as a waiver of the Landlord’s rights hereunder in respect of any continuing or subsequent default, breach or non-observance,
or so as to defeat or affect in any way the rights of the Landlord herein in respect of any such continuing or subsequent default or breach, and no waiver shall be inferred from or implied by anything done or omitted by the Landlord save only
express waiver in writing. All rights and remedies of the Landlord contained in this Lease shall be cumulative and not alternative. 
 SURRENDER OF PREMISES

 19. (i) Surrender: At the expiration or earlier termination of the Term, the Tenant shall surrender to the Landlord the Premises in as
good condition and repair as the Tenant is required to maintain the Premises throughout the Term. The Tenant shall also surrender at that time all keys for the Premises to the Landlord at the place then fixed for the payment of rent, and shall
inform the Landlord of all combinations of locks, safes and vaults, if any, in the Premises. The Tenant shall, however, remove all its moveable trade fixtures and if requested by the Landlord, the Tenant shall also remove all or part of its
Alterations as defined in this Lease, before surrendering the Premises as detailed later herein. 
  

	(ii)	 Removal and Restoration by Tenant: 

 

	 	(a)	 As provided for elsewhere in this Lease, the Tenant accepts that, except for the Tenant’s moveable trade
fixtures, any repairs, alterations, leasehold improvements (which shall include but not be limited to demising walls within the Leased Premises, doors, ceilings, lighting and plumbing fixtures, floor coverings etc), additions, decorations, and
fixtures (hereafter collectively referred to as the “Alterations” and which shall include all work done within the Premises after the signing of the Lease or at any time during the term of the Lease or any renewal thereof whether such
Alterations are being done by the Tenant, its contractors or by the Landlord on behalf of the Tenant) shall, when made or installed in the Leased Premises, be and become the property of the Landlord without any payment or compensation to the Tenant
being made and that unless specifically instructed, in writing, by the Landlord, the Tenant shall not remove any such Alterations from the Leased Premises either during or after the term of the Lease. Notwithstanding this, the Landlord shall be
under no obligation to repair, maintain, or insure the Alterations. The Tenant also accepts that upon the termination of this Lease, whether at expiry or otherwise, the Landlord may, at its option, require the Tenant to remove all or part of such
Alterations whether or not such Alterations were installed by the Tenant or any other person including but not limited to the Landlord on behalf of the Tenant) and to require the Tenant to repair any damage caused to the Leased Premises or the
Building by such Alterations or removal. Alternatively, the Landlord may request that the Tenant pay to the Landlord at Lease expiry or termination, the amount of money estimated by the Landlord to perform the removal, restoration and /or
replacement work required for the Tenant to comply with the Landlord’s surrender requirements as outlined herein. Such Landlord’s estimate must be either, at the Landlord’s sole discretion, based on bona fide, arms length, written
quotes from reputable contractors and or an estimate from a certified engineer or architect chosen by the Landlord. 

  
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 The Tenant’s obligation to observe and perform this covenant shall survive the
expiration or earlier termination of the Term. 
 Should the Tenant fail to perform such repair or restoration work requested by the
Landlord in accordance with provisions of the Lease, then the Landlord may do such work at the expense of the Tenant and collect from the Tenant the cost of same as Additional Rent whether before or after the expiry of the Lease. 

  With respect to the Tenant’s trade fixtures, the Tenant may during the Term in the usual or normal course of its
business remove its moveable trade fixtures provided that such have become excess or obsolete for the Tenant’s purposes or the Tenant is substituting new and similar moveable trade fixtures and provided that in each case, the Tenant is not in
default under this Lease, and such removal is done at the Tenant’s sole cost and expense; and, (ii) the Tenant shall, at the expiration or termination of the Lease, at its own cost, remove all its trade fixtures, and such of the
Alterations as the Landlord by notice requires to be removed, in accordance with provisions of this Lease. 
  

	 	(b)	 If the Tenant does not remove its trade fixtures at the expiration or earlier termination of the Term, such fixtures
shall, at the option of the Landlord, become the property of the Landlord and may be removed from the Premises and sold or be disposed of by the Landlord in such manner as it deems advisable. 

 

	 	(c)	 The Tenant shall, in the case of every such installation or removal of either its trade fixtures or Alterations either
during or at the expiration of the Term effect the same at times designated by the Landlord, acting reasonably. 

  

	 	(d)	 For greater certainty, the Tenant’s fixtures shall not include any 

 

	 	(i)	 heating, ventilating or air conditioning systems, facilities and equipment in, or serving the Premises;

  

	 	(ii)	 floor covering affixed to the floor of the Premises; 

 

	 	(iii)	 light fixtures; and, 

  

	 	(iv)	 any fixtures, facilities, equipment or installations installed by or at the expense of the Landlord.

 Notwithstanding the above it is understood and agreed that the Tenant’s restoration obligations, as provided
for herein, shall not apply to the architectural elements of the Tenant’s Fit-up plan that is attached hereto as Schedule B1 (which have been approved by the Landlord), or to such finishes or architectural changes that the Landlord has
specifically excluded in writing. 
 (iii)       Indemnity. If the Premises is not surrendered at the end of the
Term, and the Tenant and Landlord have not executed a legally binding extension agreement then the Tenant shall indemnify the Landlord against any and all loss or liability resulting from such delay by the Tenant in so surrendering the Premises,
including without limitation, any claims founded on such delay made by any succeeding occupant of the Premises or any part thereof, and the Tenant shall be liable to the Landlord for legal fees (on a solicitor and his client basis), and all other
costs and expenses incurred by the Landlord in obtaining possession of the Premises. 
  

	(iv)	 No Tacit Renewal. If the Tenant remains in possession of the Premises after the end of the Term,

  
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	 	 and without the execution and delivery of a new lease, or a written renewal or extension of this Lease, there shall be
no tacit or other renewal of this Lease, and the Tenant will be considered to be occupying the Premises as a tenant from month to month at a monthly Rent, payable in advance on the first day of each month equal to the sum of: 

 

	 	(a)	 2X the monthly installment of Minimum Rent payable for the last month of the Term, and 

 

	 	(b)	 One-twelfth of the amount of Additional Rent and charges paid or payable by the Tenant for the last Lease Year of the
Term, and otherwise upon the terms and conditions set forth in this Lease, so far as applicable. 

 RECOVERY OF ADJUSTMENT 

20.       The Landlord shall have (in addition to any other right or remedy of the Landlord) the same rights and remedies
in the event of default by the Tenant in payment of any amount payable by the Tenant hereunder, as the Landlord would have in the case of default in payment of rent. 

NOTICE 
 21.       Any
notice required or contemplated by any provisions of this Lease shall be given in writing enclosed in a sealed envelope addressed, in the case of notice to the Landlord, at 451 Daly Avenue, 2nd
Floor, Ottawa, Ontario K1N 6H6 and in the case of notice to the Tenant, to it at the Leased Premises and mailed, registered and postage prepaid. The time of giving of such notice shall be conclusively deemed to be the 5th business cay after the
day of such mailing. Such notice shall be delivered, in the case of notice to the Landlord, to an executive officer of the Landlord, and in the case of notice to the Tenant or to any executive or senior officer or director of the Tenant if the
Tenant is a corporation. Such notice, if delivered shall be conclusively deemed to have been given and received at the time of such delivery. If in this Lease two or more persons are named as Tenant, such notice shall also be sufficiently given if
and when the same shall be delivered personally to any one of such persons. Provided that either party may, by notice to the other from time to time designate another address in Canada to which notices mailed more than ten (10) days thereafter
shall be addressed. 
 SUBORDINATION 

22.       This Lease is subject and subordinate to all ground or underlying leases and to all mortgages (including any deed
of trust and mortgage securing bonds and all indentures supplemental thereto) which may now or hereafter affect such leases, the Leased Premises, the Building and/or the property where the Building is situated and to all renewals, modifications,
consolidations, replacements and extensions thereof. The Tenant agrees to execute a certificate in confirmation provided by the Landlord of such subordination as the Landlord may request subject to the lender entering into a non-disturbance
agreement with the Tenant. The Landlord shall use its best efforts, but shall not be obliged, to obtain a non-disturbance agreement from any current mortgagee of the Leased Premises. 

LEASE ENTIRE AGREEMENT 

23.       The Tenant acknowledges that there are no covenants, representations, warranties, agreements or conditions
expressed or implied, collateral or otherwise forming part of or in any way affecting or relating to this Lease save as expressly set out in this Lease and that this Lease constitutes the entire agreement between the Landlord and the Tenant and may
not be modified except as herein explicitly 

  
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 provided or except by subsequent agreement in writing of equal formality hereto executed by the Landlord
and the Tenant. 
 REGISTRATION 

24.       The Tenant covenants and agrees with the Landlord that the Tenant will not register this Lease in this or any
other form in the Registry Office or the Land Titles Office but may register a notice of lease which discloses only the term and expiry date thereof and the existence of options to renew the term. 

OPTION TO RENEW 

25.       Provided the Tenant is not then in default under this lease and has not been in default on more than two
(2) occasions, the Tenant shall have one option to renew the lease for a further term of 5 years at market rents for renewing leases for similar premises in similar buildings in Kanata Ontario. This option to renew is to be exercised in writing
by the Tenant to the Landlord no later than 9 months prior to the expiration of the Term and failing its exercise within the time provided such option to be null and void. The Tenant and Landlord must have negotiated the rent and have executed a new
lease within 30 days of the Tenant exercising its option, as provided for herein, failing which the minimum rent will be determined by arbitration pursuant to the Arbitration Act, 1991 (Ontario). 

NET/NET/NET RENT 

26.       It is expressly agreed between the Landlord and the Tenant that it is intended that the rent reserved in this
Lease shall be an absolutely net/net/net return to the Landlord during the Term of the Lease without regard to the condition of the Leased Premises, and, except as otherwise explicitly provided in this Lease, the Landlord shall be free of any and
all costs, expenses, taxes and charges with respect to the Leased Premises whatsoever, save and except only taxes which are attributable to the income or profits of the Landlord and any charges to the Landlord in respect of the amortization or
interest under any mortgage or charge on the Building. 
 PAYMENTS BY TENANT 

27.       In addition to any other specific provisions herein contained, where the Tenant is obligated under the terms of
this Lease to pay any monies, whether to the Landlord or any third party, or to do any act involving the payment of money, and the Tenant shall fail to carry out its obligations, the Landlord may do such act or pay such monies and charge the cost of
doing such act or the amount of such monies paid against the Tenant and may enforce the payment thereof by the Tenant in the same manner as if rent had not been paid on a timely basis under the terms of this Lease, and the Tenant shall pay unto the
Landlord, in respect of any amount so paid in respect of any rent not paid on the due date thereof, interest at the rate computed in accordance with Paragraph 3(h) hereof. 

ELECTRONIC PAYMENTS 

28.       The Tenant shall make arrangements for the payment of Minimum Rent and Additional Rent by electronic funds
transfer. 
 INTERPRETATION 

29(a)      In this Indenture “herein”, “hereof”, “hereby”, “hereunder”, “hereto”,
“hereinafter” and similar 

  
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 expressions refer to this lease or indenture and not to any particular paragraph, section or other portion
thereof, unless there is something in the subject matter or context inconsistent therewith. 

	 	(a)	 “business day” means any of the days from Monday to Friday of each week inclusive unless such day is a
statutory holiday. 

	 	(b)	 “normal business hours” means the hours from 8:00 a.m. to 6:00 p.m. on business days. 

So long as the Tenant pays for associated costs, including but not limited to incremental heating, lighting, ventilation or cooling costs associated
with operations outside of normal business hours, if any, the Landlord shall ensure that the Tenant’s employees can comfortably work in the Leased Premises outside of “normal business hours”. The Landlord is currently providing
lighting and ventilation or cooling to the Building and Premises 7 days a week, 24 hours a day which costs are included in the monthly Additional Rent being paid by the Tenant. 

SEVERABILITY OF COVENANTS 

30.       The Landlord and the Tenant agree that all of the provisions of this Lease are to be construed as covenants and
agreements as though the words importing such covenants and agreements were used in each separate paragraph hereof. Should any provision or provisions of this Lease be illegal or not enforceable, it or they shall be considered separate and severable
from the Lease and its remaining provisions shall remain in force and be binding upon the parties hereto as though the said provision or provisions had never been included. 

CAPTIONS 
 31.       The
captions appearing in this Lease have been inserted as a matter of convenience and for reference only, and in no way define, limit or enlarge the scope or meaning of this Lease or of any provision hereof. 

SUCCESSORS & ASSIGNS 

32.       This indenture and everything herein contained shall ensure to the benefit of and be binding upon the respective
heirs, executors, administrators, successors and assigns and other legal representatives as the case may be, of each and every of the parties hereto, and every reference herein to any party hereto shall include the heirs, executors, administrators,
successors and assigns and other legal representatives of such party, and where there is more than one tenant, the provisions hereof shall be read with all grammatical changes thereby rendered necessary, and all covenants shall be deemed joint and
several. The neutral gender shall include both the masculine and feminine gender. 
 ADDITIONAL TAXES 

33.       If any business transfer tax, value-added tax, multi-stage sales tax, sales tax, goods and services tax (GST),
harmonized sales tax (HST) or any like tax is imposed on the Landlord by any governmental authority on any rent payable by the Tenant under this Lease or due in any way to the Tenant’s occupancy, then the Tenant shall reimburse the Landlord for
the amount of such tax forthwith upon demand as Additional Rent. 
 CHANGES TO BUILDING 

34.       The Landlord hereby reserves the right at any time and from time to time to make changes in, additions to,
subtractions from or rearrangements of the Building and or the Leased Premises including, 

  
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 without limitation, all improvements at any time thereon, all entrances and exits thereto, and to grant,
modify and terminate easements or other agreements pertaining to the use and maintenance of all or parts of the lands and Building and to make changes and additions to the pipes, conduits, utilities and other necessary building services in the
Leased Premises which serve other premises, provided thatin doing so the Landlord shall take reasonable steps so as to minimize the disruption to the Tenant and in no case shall the Landlord be permitted to relocate the Leased Premises or to
materially alter the Leased Premises. 
 GUARANTEE 
  

	35.	 Intentionally Deleted 

LANDLORD CONDITION 
  

	36.	 Intentionally Deleted 

HAZARDOUS SUBSTANCES 

37(a)             For the purposes of this section, HAZARDOUS SUBSTANCES means any substance,
or class of substance or mixture of substances which may be detrimental to the environment, plant or animal life, or human health and includes, without limitation, flammable, explosives, or radioactive materials, asbestos, polychlorinated
biphenyl’s (PCB’s), chemicals believed to cause cancer or reproductive toxicity, pollutants, contaminants, hazardous wastes, toxic substances and related materials, petroleum and petroleum products, any substance that, if added to water,
may degrade or alter or form part of a process of degradation or alteration of the quality or temperature of that water to the extent that it is detrimental to its use by man or by any animal, fish or plant, and substances declared to be hazardous
or toxic under any law or regulation now or hereafter enacted or promulgated by any governmental authority having jurisdiction over the Landlord, the Tenant, the Leased Premises or the Building (the “Authorities”). 

(b)       If the Tenant shall cause or permit any Hazardous Substances to be brought onto, created in, released or
discharged from, placed or disposed of, at or near the Leased Premises, the Tenant shall be responsible at its own expense to completely remedy the occurrence to the reasonable satisfaction of the Landlord. 

(c)       The Tenant shall not cause or permit to occur any violation of any federal, provincial, municipal or local law,
ordinance, or regulation, now or hereinafter enacted (the “Laws”), related to environmental conditions on, under, at, near or about the Leased Premises, or related to the Landlord, the Tenant or the Building, air, soil or ground water
condition, including without limitation, the generation, storage or disposal of Hazardous Substances. 
  

	(d)	 The Tenant shall: 

	 	(i)	 at its own expense comply with the Laws; 

	 	(ii)	 at its own expense make all submissions to, provide all information required by, and comply with all requirements of
the Authorities under the Laws; and 

	 	(iii)	 indemnify, defend and hold harmless the Landlord, the Landlord’s mortgagees, any manager of the Building, and
their respective officers, directors, beneficiaries, shareholders, partners, agents and employees, from all fines, suits, procedures, claims and actions of every kind, and all costs associated therewith (including legal fees on a solicitor and his
own 

  
 - 33 - 

 

	 	 client basis and consultants’ fees) arising out of or in any way connected with any deposit, spill, discharge, or
other release of Hazardous Substances that occurs during the Term or any renewal or extension period, at or from the Leased Premises, and caused by the Tenant or those for whom it is in law responsible, or which arises at any time from the
Tenant’s use or occupancy of the Leased Premises, or from the Tenant’s failure to provide all information, make all submissions, and take all steps required by this Section or by the Authorities. 

 

	 	(iv)	 pay for any and all remediation and clean up costs including but not limited to paying all fines, suits, procedures,
claims and actions of every kind, and all costs associated therewith (including legal fees on a solicitor and his own client basis and consultants’ fees) arising out of or in any way connected with any deposit, spill, discharge, or other
release of Hazardous Substances that occurs during the Term or any renewal or extension period, at or from the Leased Premises, or which arises at any time from the Tenants’ use or occupancy of the Leased Premises, or from the Tenants’
failure to provide all information, make all submissions, and take all steps required by this Section or by the Authorities. 

(e)       Notwithstanding any other provision of this Lease, if the Tenant creates or brings to the Leased Premises any
Hazardous Substances or if the conduct of the Tenant’s business shall cause there to be any Hazardous Substances at or near the Leased Premises, or discharged or released on, under or about the Leased Premises, the Building or the lands upon
which the Building is constructed, the air, soil or ground water, then notwithstanding any rule of law to the contrary, such Hazardous Substances shall be and remain the sole and exclusive property of the Tenant and shall not become the property of
the Landlord, notwithstanding the degree of affixation to the Leased Premises of the Hazardous Substances or the goods containing the Hazardous Substances. This affirmation of the Tenant’s interest in the Hazardous Substances or the goods
containing the Hazardous Substances shall not however prohibit the Landlord from dealing with such material as otherwise provided for in this Lease. 

(f)       All obligations of the Tenant regarding this clause and its dealing with Hazardous Substances shall survive the
expiry or termination of this Lease. 
 Notwithstanding anything to the contrary, the Landlord shall indemnify and save harmless the Tenant and those
for whom it is responsible at law from and against all liabilities, claims and damages caused by or resulting from any Hazardous Substance existing or generated prior to the date the Premises were first used or occupied by the Tenant. 

First Right of Refusal on Adjacent Space 

38.       The Tenant shall, during the Term of the Lease, have an ongoing first right of refusal (FROR) on the full space
currently occupied by Rohde and Schwarz on the first floor of the Building and on not less than 6,000 sf space on the 2nd floor of the Building, both as shown on the plans attached to the Lease as
Schedule D (individually and collectively the FROR Space). Should the Landlord receive a serious expression of interest for the FROR space, as evidenced by a second showing or a request for information after a first showing, the Landlord will
provide written notice (“FROR Notice”) to the Tenant informing them of the serious expression of interest and the Tenant shall have 10 business days, from the issuance of such notice by the Landlord, to execute a lease with the Landlord
for the FROR Space. Should such lease for the FROR Space not be executed by both parties within such 10 day period then 

  
 - 34 - 

 

 such first right of refusal shall be null and void as it pertains to the particular third party indicated
in the Landlord’s written notice. For clarity, if the Landlord does not ultimately lease the FROR Space to such third party and/or if such third party does lease the FROR Space but it later again becomes available, then the Tenant’s first
right of refusal on the FROR Space as set out herein shall once again apply, and shall continue to apply in each similar instance. 
 If the FROR
Notice is delivered to the Tenant within the first two (2) years of the Term of this Lease and the Tenant wishes to exercise its FROR on such space, then the lease to be executed by the parties with respect to the FROR Space shall be
coterminous with this Lease and shall be on all of the same terms and conditions as this Lease, including, but not limited to, the payment of rent, both Minimum Rent and Additional Rent, save and except that there shall be no free rent, no
landlord’s work (except as specifically set out below) and the inducement to be paid by the Landlord to the Tenant shall be an amount equal to Two Dollars ($2.00) per square foot of the FROR Space per year of the term. If the FROR Notice is
delivered to the Tenant more than two (2) years after the Commencement Date, then the terms of the lease shall be subject to the mutual agreement of the parties at that time and the lease must be executed within 10 business days of the giving
of the FROR Notice. 
 Except as noted for the 2nd floor space, the FROR space is to be provided
on an “as is” condition and the Tenant, subject to the Landlord’s written approval, shall be responsible for all improvements within the FROR space. In the event the Tenant, under the FROR, leases not less than 6000 sf of the FROR
Space on the 2nd floor the Landlord, at the Landlord’s costs and to the Landlord’s specification (including location), will install an internal stairwell connecting the Premises to the
FROR Space on the 2nd floor. 
 Special Provisions 

 

	39.	 Notwithstanding anything to the contrary in this Lease 

1) The Landlord will permit a food truck to operate between the hours of 11:30 AM and 2:00 PM in an area of the parking lot of the Building designated by
the Landlord. The food truck must be fully insured and licensed by the City of Ottawa with satisfactory evidence provided to the Landlord. The operators of the food truck and patrons must keep the area free of debris and food waste and give
consideration to the health and wellbeing of all Building occupants failing which the Landlord, at its sole option, may terminate the food truck service. 

2) The Tenant may, at the Tenant’s sole cost, contract for additional cleaning services in their Premises. 

3) The Tenant, subject to the Landlord’s approval, which approval is not to be unreasonably withheld, may hire its own contractors to complete the
architectural elements (walls, drop ceiling, floor coverings, millwork, finishings etc) of the Tenant’s Fit-up and alterations. The Tenant must use the Landlord’s contractors for all base building work including, but not limited to, HVAC,
plumbing, electrical fire safety and sprinklers. 

  
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 IN WITNESS WHEREOF the parties hereto have hereunto set their respective hands and seals and/or
affixed their corporate seals duly attested to by the hands of their proper signing officer(s) authorized in that behalf. 
  

					
	 SIGNED, SEALED AND DELIVERED
  
	 	 Elk Property Management Limited, in its authorized capacity as Property Manager

	 In the presence of:
	 	)	  	(LANDLORD)
			
		 	 )
	  	 Per: /s/ George Gaty
                                         
     

			
		 	)	  	 Name:     George Gaty

			
		 	)	  	 Position:   President

			
		 		  	 I HAVE AUTHORITY TO BIND THE CORPORATION

			
		 		  	
		 	)	  	 Phreesia
Inc.                                         
                        (TENANT)

			
		 	)	  	 Per: /s/ Thomas Altier             

			
		 	)	  	 Name:     Thomas Altier

			
		 	)	  	 Position: CFO

			
		 	)	  	 I HAVE AUTHORITY TO BIND THE CORPORATION.

  
 - 36 - 

 

 Schedule “A” 

Legal Description – Lands 
 Parcel 10-1,
Section 4M-417; Block 10, Plan 4M-417 and Parcel 1-1, Section 4M-417; Block 1, Plan 4M-417, City of Kanata, Ontario 

  
 - 37 - 

 

 Schedule “B” 

Approximate Floor Plans 
  

 
  
 

 

  
 - 38 - 

 

 Schedule B1 

Demolition Plan (Landlord’s Work) and Tenant Fit-up Plan 
  

 
  
  
  

 

  
 - 39 - 

 

 Schedule “C” 

Rules and Regulations 
 The Tenant and its invitees
and employees shall observe the following rules and regulations (as added to, amended or modified from time to time by the Landlord). 
  

	1.	 SECURITY: Landlord may from time to time adopt appropriate systems and procedures for the security or safety of the
Building, any persons occupying using or entering the same, or any equipment finishings or contents thereof, and Tenant shall comply with Landlord’s reasonable requirements relative thereto. 

 

	2.	 LOCKS: Landlord may from time to time install and change locking mechanisms on the entrances to the Building, common
area thereof, and the Premises, and shall provide to the Tenant a reasonable number of keys and replacements therefore to meet the bona fide requirements of the Tenant. In these rules “keys” include any device serving the same purpose.
Tenant shall not add to or change existing locking mechanisms on any door in or to the Leased Premises without Landlord’s prior written consent and without providing a copy of the key to the Landlord. If, with Landlord’s consent, Tenant
installs lock(s) incompatible with the Building master locking system: 

  

	 	(a)	 Landlord, without abatement of Rent, shall be relieved of any obligation under the Lease to provide any service to the
affected areas which require access thereto, 

  

	 	(b)	 Tenant shall indemnify Landlord against any expense as a result of forced entry thereto which may be required in an
emergency, and 

  

	 	(c)	 Tenant shall at the end of the Term and at Landlord’s request remove such lock(s) at Tenant’s expense

  

	3.	 RETURN OF KEYS: At the end of the Term, Tenant shall promptly return to Landlord all keys for the Building and Leased
Premises which are in possession of Tenant. 

  

	4.	 WINDOWS: Tenant shall observe Landlord’s rules with respect to maintaining window coverings at all windows in the
Leased Premises so that the Building presents a uniform exterior appearance, and shall not install any signs, window shades, screens, drapes, covers or any other on or at window in the Leased Premises without Landlord’s prior written consent.

  

	5.	 REPAIR, MAINTENANCE, ALTERATIONS AND IMPROVEMENTS: Tenant shall carry out Tenant’s repair, maintenance,
alterations and improvements in the Leased Premises only during times agreed to in advance by Landlord and in a manner in which will not interfere with the rights of other tenants in the Building. 

  
 - 40 - 

 

	6.	 WATER FIXTURES: Tenant shall not use water fixtures for any purpose for which they are not intended, nor shall Tenant
tamper in any way with water fixtures so as to increase water consumption. Tenant shall pay for any cost or damage resulting from such misuse by Tenant. 

  

	7.	 PERSONAL USE OF LEASED PREMISES: The Leased Premises shall not be used or permitted to be used for residential,
lodging or sleeping purposes or for the storage of personal effects or property not required for business purposes. 

  

	8.	 HEAVY ARTICLES: Tenant shall not place in or move about the Leased Premises without Landlord’s prior written
consent any safe or other heavy article, which in the Landlord’s reasonable opinion may damage the Building and Landlord may designate the location of any heavy articles in the Leased Premises. 

 

	9.	 CARPET PADS: In those portions of the Leased Premises where carpet has been provided directly or indirectly by
Landlord, Tenant shall at its own expense install and maintain pads to protect the carpet under all furniture having casters other than carpet casters. 

  

	10.	 BICYCLES, ANIMALS: Tenant shall not bring any animals or birds into the Building and shall not permit bicycles or
other vehicles inside or on the sidewalks outside the Building except in areas designated from time to time by Landlord for such purposes. The Landlord accepts that the Tenant will use forklifts and other standard warehouse equipment so long as such
forklifts and other equipment are only used in the rear warehouse area. 

  

	11.	 DELIVERIES: Tenant shall insure that deliveries of materials and supplies to the Leased Premises are made through such
entrances, elevators and corridors and at such times as may from time to time be designated by Landlord, and shall promptly pay or cause to be paid to Landlord the cost of repairing any damage to the Building caused by any person making such
deliveries. 

  

	12.	 FURNITURE AND EQUIPMENT: Tenant shall insure that furniture and equipment being moved into or out of the Leased
Premises is moved through such entrances, elevators and corridors and at such times as may from time to time be designated by the Landlord, and by movers or a moving company approved by Landlord and shall promptly pay or cause to be paid to Landlord
the cost of repairing any damage in the Building caused thereby. 

  

	13.	 SOLICITATIONS: Landlord reserves the right to restrict or prohibit canvassing, soliciting or peddling in the Building.

  

	14.	 FOOD AND BEVERAGES: Tenant shall be permitted the use of the equipment on the Leased Premises for the dispensation of
soft drinks, cold confectioneries and the like, for the preparation of coffee, tea and the like, and for the warming of food already prepared. The Tenant shall not permit on the premise equipment for the preparation of food. In addition only persons
approved from time to time by the Landlord may prepare, solicit orders for, sell, serve, or distribute foods or beverages in the Building or use the elevators, corridors or common areas for such purpose. This 

  
 - 41 - 

 

 however shall not prevent the Tenant from using catering services from time to time for
special occasions as luncheons and receptions. 
  

	15.	 REFUSE: Tenant shall place all refuse in proper receptacles provided by Tenant at its expense in the Leased Premises
or in receptacles (if any) provided by Landlord for the Building and shall keep sidewalks and driveways outside the Building and lobbies, corridors, stairwells, ducts and shafts of the Building free of all refuse. 

 

	16.	 OBSTRUCTIONS: Tenant shall not obstruct or place anything in or on the sidewalks or driveways outside the Building or
in the lobbies, corridors, stairwells or other common areas of the Building, or use such locations for any purpose except access to and exit from the Leased Premises without Landlord’s prior written consent. Landlord may remove at Tenant’s
expense any such obstruction or thing (unauthorized by Landlord) without notice or obligation to Tenant. 

  

	17.	 DANGEROUS OR IMMORAL ACTIVITIES: Tenant shall not make any use of the Leased Premises which involves the danger or
injury to any person, nor shall the same be used for any immoral or illegal purpose. 

  

	18.	 PROPER CONDUCT: Tenant shall not conduct itself in any manner which is inconsistent with the character of the Building
as a first quality building or which will impair the comfort and convenience of other tenants in the Building. 

  

	19.	 EMPLOYEES, AGENTS AND INVITEES: In these Rules and Regulations, Tenant includes the employees, agents, invitees and
licensees of Tenant and others permitted by Tenant to use, occupy, or visit the Leased Premises. 

  

	20.	 PARKING: The Tenant, its employees, agents and suppliers shall park only in those portions of the parking area on the
Building designated for such purposes by the Landlord. If required by Landlord to control parking. Tenant will provide the Landlord with the license numbers of all cars of the Tenant and its employees authorized to park in the parking area. The
parking area shall not be used for anything but for the temporary parking of passenger vehicules. At no time shall cars or anything else including but not limited to items of storage be left overnight anywhere in or around the Building including
those areas reserved for parking. The Tenant agrees that it will not hold the Landlord responsible in any manner whatsoever for theft or damage of any vehicule or its contents however caused, including for greater certainty, damage or loss caused by
fire, vandalism, or damage caused by the falling, escaping or dripping of any substance including but not limited to water, solutions or any falling building material. The aforesaid parking area shall be solely used for the temporary parking of
passenger automobiles and no such automobiles shall be cleaned or washed or serviced in any way in the parking area. 

  

	21.	 WINDOWS AND WINDOW COVERINGS: The skylights and windows that reflect or admit light into any place in the Building
shall not be covered or obstructed by the Tenant, and no awnings, curtains or blinds shall be installed without the prior written consent of the Landlord. Window coverings that are installed shall have lining on the side facing the interior side of
exterior windows. The Tenant shall not and shall not permit its employees, agents or invitees to throw 

  
 - 42 - 

 

	 	 anything out the windows or doors of the Building or into the passageways, stairways, lightwells or
elevators shafts of the Building. 

  

	22.	 SMOKING: Smoking is prohibited in all areas of the Building.EX-10.16

 Exhibit 10.16 

CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS 

BEEN OMITTED BECAUSE IT IS NOT MATERIAL AND WOULD LIKELY CAUSE COMPETITIVE HARM 

TO THE COMPANY IF PUBLICLY DISCLOSED. 

MASTER SOFTWARE LICENSE AND SERVICES AGREEMENT 

This Master Software License and Services Agreement (the “Agreement”) is entered into as of the 31st day of March, 2015
(“Effective Date”), by and between Ascension Health Resource and Supply Management Group, LLC, a Missouri limited liability company having its principal place of business at 11775 Borman Drive, Suite 340, St. Louis,
Missouri 63146 (“The Resource Group”), and Phreesia, Inc., a Delaware corporation with a principal place of business at 432 Park Avenue South, New York, New York 10016 (hereinafter referred to as
“Licensor” or “Phreesia”). 
  

	1.	 Definitions. Capitalized terms not otherwise defined in this Agreement shall have the meanings
detailed below. 

  

	 	1.1	 Ascension Health. Ascension Health is a Missouri non-profit
corporation and a health system comprised of health ministries, hospitals, facilities and affiliates. It is a wholly-owned subsidiary of Ascension Health Alliance. 

 

	 	1.2	 Ascension Health Alliance. Ascension Health Alliance is a Missouri
non-profit corporation. It is the parent organization of, Ascension Health, a health system consisting primarily of non-profit corporations that own and operate local
health care facilities. 

  

	 	1.3	 Ascension Health Resource and Supply Management Group, LLC. Ascension Health Resource and Supply
Management Group, LLC is a Missouri limited liability company that has operational responsibility for supply chain management of Ascension Health Alliance and the Participants. Its sole member is Ascension Health Alliance. 

 

	 	1.4	 Data. Data shall mean [***]. 

 

	 	1.5	 Designated Site. Designated Site means a specific Licensee location(s) set forth on the Order Form where
Licensee may install and use the Products. 

  

	 	1.6	 Documentation. Documentation shall mean [***]. 

 

	 	1.7	 Error. Error shall mean any failure of the Products to conform to the Documentation.

  

	 	1.8	 Error Correction. Error Correction shall mean either a modification or addition to the Products that,
when made or added to the Products, corrects an Error including, without limitation, bug fixes, patches, workarounds and maintenance releases. 

  

	 	1.9	 Enhancement. Enhancement shall mean [***]. 

 

	 	1.10	 Hardware. Hardware means all equipment (including PhreesiaPads) as well as accompanying wireless routers
and charging stations provided by Licensor listed on an Order Form and provided by Licensor hereunder. 

	1.11	 Intellectual Property. Intellectual Property means trade secrets, copyrightable subject matter, patents,
und patent applications and other proprietary information, activities, and any ideas, concepts, innovations, inventions and designs. 

  

	1.12	 Licensee. Licensee shall mean The Resource Group and/or Participants, as applicable in each instance,
who enter into an Order Form with Licensor for Products or Services. 

  

	1.13	 Participant. Any health ministry hospital or medical facility in the Ascension Health system that has
entered into a written Participant Agreement with The Resource Group. 

  

	1.14	 Participant Agreement. Participant Agreement means a written agreement between an entity and The
Resource Group entered into for the purpose of allowing the entity to participate in this Agreement. 

  

	1.15	 Personnel. Personnel shall mean Licensor’s employees, agents, contractors (and subcontractors),
subsidiaries, affiliates or any person directly or indirectly, controlled by, controlling or under common control with Licensor. 

  

	1.16	 PhreesiaPad. PhreesiaPad means Licensor’s proprietary touch screen wireless device, used at a
Designated Site, which allow Licensee’s patients to check in for such patient’s medical visit. 

  

	1.17	 Product(s). Product(s) shall mean any Software, Hardware or other deliverable pursuant to this
Agreement, including the PhreesiaPad. 

  

	1.18	 Services. Services shall mean any maintenance, training service, support and hosting service provided by
Licensor to Licensee as identified in an Order Form in the form of Exhibit A. 

  

	1.19	 Software. Software shall mean: (a) any computer program, programming or modules specified in each
Order Form; (b) Documentation; (c) Updates; and (d) Enhancements; if and to the extent provided by Licensor under this Agreement. 

  

	1.20	 Updates. Updates shall mean an update or revision to Software that Licensor generally makes available to
its customers of the Software at no additional charge. Subject to the terms and conditions hereof, Updates may include, for example, the following: 

  

	 	1.20.1	 [***]; 

  

	 	1.20.2	 [***]; 

  

	 	1.20.3	 [***]; 

  

	 	1.20.4	 [***]; 

  
 2 

	 	1.20.5	 [***]; 

  

	 	1.20.6	 [***]. 

  

	 	1.20.7	 [***]. 

  

	2.	 Participants. Before any entity, other than The Resource Group, is eligible to purchase Products
or Services pursuant to the terms of this Agreement, the entity must qualify as a Participant. A list of Participants is available at: http://www.ascensionhealth.org/communication/vendorparticipants.xls, as may be updated from time to time. [***].
Licensor shall [***] any change The Resource Group makes with regard to Participants that complies with the criteria set forth above. 

  

	 	2.1	 Termination of Existing Contracts. Any Participant desiring to avail itself of the benefits of this
Agreement may, [***] terminate any existing contract(s) or other arrangements) with Licensor (“Existing Agreement”) tor the purpose of participating in the group purchasing arrangement set forth in this Agreement. [***] In the event
a Participant elects to avail itself of the benefits of this Agreement, the Participant shall provide [***] to Licensor of its intent to access the terms and conditions and pricing of this Agreement for the remainder of the Existing Agreement’s
term and the terms and conditions and pricing hereunder shall apply. [***]. 

  

	 	2.2	 Several Liability. Licensor recognizes that Ascension Health Alliance, The Resource Group, Ascension
Health, each Participant and each subsidiary and affiliate entity thereof are separate legal entities. Except to the extent expressly stated in this Agreement, none of the liabilities of a Participant shall be treated as a joint liability of
Ascension Health Alliance, The Resource Group or Ascension Health, any other Participant, or any affiliate entity of Ascension Health Alliance, The Resource Group or Ascension Health. [***]. 

 

	3.	 Order Forms. From time to time during the Perm of this Agreement, Licensee may request Licensor
to provide Licensee with certain Products, Services or license certain software to Licensee, and Licensor may provide such Products, Services or grant such license subject to the terms and conditions of this Agreement. Any license granted shall not
be effective until: (a) the parties have executed a written agreement (each an “Order Form”, the form of which is attached hereto as Exhibit A); and (b) Licensee has issued a purchase order (“P.O.”) to
Licensor with respect to the Order Form. Each Order Form must be signed by Licensee and Licensor and contain, at a minimum: (w) a description of the Products and Services to be sold or licensed to Licensee or the Software to be licensed;
(x) the time period in which such licenses are to be in effect; (y) the Fees; and (z) any other duties and fees associated with such purchase or license. The parties acknowledge and agree that this Agreement shall apply in respect of
any such Order Form unless this Agreement is expressly excluded from such Order Form by a written instrument signed by Licensee and Licensor. Each Order Form executed shall constitute a separate agreement that is subject to the terms and conditions
of this Agreement and shall be binding, when duly executed by each of the parties hereto, upon such parties and their respective successors, legal representatives and permitted assigns. Neither party shall be required to enter into any Order Form.

  
 3 

	4.	 License. 

 

	 	4.1	 Grant. Licensor hereby grants to Licensee, and Licensee hereby accepts a
non-exclusive, non-transferable, license to use and access the Software (on a remote hosted basis where the Software will be hosted by Licensor) during the Term of the
Licensee’s applicable Order Form solely for Licensee’s internal business use. The license granted hereunder shall apply to Licensee wherever situated, and Software may be used by Licensee and its officers, contactors and employees engaged
in work on behalf of Licensee at the Designated Sites. 

  

	 	4.2	 Limitations. Except as provided in this Agreement or as otherwise authorized by Licensor, Licensee has
no right to: (a) decompile, reverse engineer, disassemble, print, copy or display the Software or otherwise reduce the Software to a human perceivable form in whole or in part; (b) publish, release, rent, lease, loan, sell, distribute or
transfer the Software to another person or entity; (c) reproduce the Software for the use or benefit of anyone other than Licensee; (d) alter, modify or create derivative works based upon the Software either in whole or in part; or
(e) use or permit the use of the Software for commercial time-sharing arrangements or providing service bureau, data processing, rental, or other services to any third party, provided, however, [***]. Licenses granted under the provisions of
this Agreement do not constitute a sale of the Software. Licensor retains title to and ownership of the Software. 

  

	 	4.3	 Work Product. The parties do not contemplate the development of any custom deliverables by Licensor for
Licensee hereunder. In the event Licensee requests the development of custom deliverables in the future, Licensor and Licensee will agree to terms regarding ownership at that time, which may be set forth in an Order Form executed by the parties.

  

	 	4.4	 Hardware. Licensee shall take [***] efforts to protect the Products from damage and theft and upon
termination of the applicable Order Form Licensee shall return the Products to Licensor in good working condition (reasonable wear and tear excepted) in accordance with Section 14.5. Licensee shall [***] notify Licensor in the event any
Products have been stolen, lost or damaged. Licensee shall not remove any proprietary labels or notices on the Products or remove the Products from the Designated Sites [***]. The Products are owned by Licensor or its licensors and are licensed (and
not sold) to Licensee. Amount of PhreesiaPad distribution to each Participant will be [***] controlled by Licensor in consultation with the Licensee. If Licensee requires additional PhreesiaPads beyond that recommended by Licensor or to accommodate
a non-standard configuration, then Licensor and Licensee may enter into an additional Order Form. Upon request by Licensor, Licensee agrees to return PhreesiaPads that are not being utilized by a Licensee.
Licensee agrees to be responsible for the applicable freight charges for any PhreesiaPads returned pursuant to this Section. 

  
 4 

	5.	 Use of Products. 

 

	 	5.1	 Generally. Licensee shall use the Products for patient check-in
purposes only and for other purposes expressly set forth in the applicable Documentation. Licensee is responsible at its sole cost and expense for maintaining a high speed internet connection required to use the Products and the Software as set
forth under the Customer Requirements section of the applicable Order Form. Licensor shall not be responsible for any errors or inaccuracies in any data, information or content entered into the Products by Licensee, or any of Licensee’s
employees, contractors or patients. Licensee shall not directly or indirectly use the Products (including, without limitation, the Software) to: (a) upload or otherwise transmit any content that is unlawful, threatening, abusive, harassing,
tortious, defamatory, vulgar, obscene, libelous, invasive of another’s privacy, hateful, or racially, ethnically or otherwise objectionable or that infringes any trademark, trade secret, copyright or other proprietary or intellectual property
rights of any person; or (b) upload or otherwise transmit any material that contains software viruses or any other computer code, files or programs designed to interrupt, destroy or limit the functionality of the Products.

  

	 	5.2	 Product Configuration. During the Set-up process indicated on
the Order Form (or an Exhibit thereto) Licensor will make reasonable efforts to configure the Product to meet the needs of the Licensee, Licensor [***]. 

  

	 	5.3	 Data Storage. Licensee acknowledges and agrees that all information, content and data entered into the
Products by Licensee or its employees, contractors or patients will be securely stored by Licensor at designated data centers in accordance with HIPAA and all other applicable laws. Licensor agrees to use physical and technical security measures to
protect patient data, including, but not limited to, encrypted data connections to designated data centers, encrypted data storage, firewalls, and electronic surveillance of designated data centers. 

 

	 	5.4	 Data Use. Licensee acknowledges and agrees that all information, content and data entered into the
Products by Licensee or its employees, contractors or patients may be used by Licensor solely in accordance with the terms and conditions of this Agreement and the Business Associate Agreement attached hereto. Licensee further acknowledges and
agrees that, Licensor shall have the right, to the extent requested or directed by Licensee, to direct messages to Licensee’s patients by email, texting, letter or other means including for post visit reminders, copay receipts, portal
enrollments, surveys, links to mobile and other requested communications. 

  

	 	5.5	 Medical Decisions. Notwithstanding anything in this Agreement to the contrary, Licensee acknowledges and
agrees that Licensor is not engaged in the practice of medicine, and is not determining appropriate medical use of any of the Products and Services that are, or may be, offered pursuant to this Agreement or resulting from any content displayed on
the Products. Medical treatment and diagnostic decisions, including those arising from the results of any patient interview, are the responsibility of Licensee and its professional healthcare providers. 

  
 5 

	6.	 Acceptance Testing. Acceptance testing, if applicable, will be set forth in the applicable Order
Form. 

  

	7.	 Fees, Invoices and Payments. 

 

	 	7.1	 Fees. In consideration of the rights granted, Licensee agrees, subject to the terms and conditions in
this Agreement and the applicable Order Form, to pay Licensor the tees to license the Hardware, license the Software and receive the Services as set forth in the particular Order Form(s) (“Fees”). 

 

	 	7.2	 [***]. 

  

	 	7.3	 Rates. Unless otherwise provided elsewhere in the Agreement, prices are stated in U.S. dollars [***].

  

	 	7.4	 Charges. Licensee will determine the applicability of charges by the following criteria: [***].

  

	 	7.5	 Invoices. 

  

	 	7.5.1	 Invoices shall be delivered to Licensee at the address indicated on the applicable Order Form.

  

	 	7.5.2	 Licensor acknowledges that Licensee requires the correct, applicable P.O. number to be included on all invoices
and that such invoice match the P.O. line data in order to authorize payment therefore. [***]. 

  

	 	7.5.3	 Each invoice submitted by Licensor will provide supporting detail for the Fees, and any other products or
services provided by Licensor invoiced, including: [***]. 

  

	 	7.5.4	 Licensor will invoice Licensee in a timely manner not to exceed [***] after the date the payment obligation is
incurred for the Products or Services. [***]. 

  

	 	7.5.5	 Undisputed invoiced amounts shall be paid by Licensee within [***] after the date the invoice is received by
Licensee. In the event that Licensee, in good faith, disputes the validity of any amount in any invoice, Licensee shall communicate to Licensor the nature of the dispute within [***] after the date the invoice is received by Licensee.

  

	 	7.5.6	 In the event that Licensor submits an incorrect invoice. Licensee will notify Licensor [***]. Furthermore, in
the event Licensee disputes the amounts specified on any invoice received from Licensor, Licensor agrees that it shall [***] enter into [***] negotiations to resolve any discrepancy or misunderstanding associated with such amounts. [***].

  
 6 

	 	7.6	 Tax-Exemption. Fees exclude sales, use, excise and similar taxes
(which shall be Licensee’s obligation to pay). [***]. 

  

	 	7.7	 Travel Expenses. Licensee shall pay to Licensor all undisputed invoiced amounts for reimbursement of
reasonable and necessary out-of-pocket expenses actually incurred by Licensor that have been pre-approved in writing (or email)
by Licensee in connection with the Services, provided that: [***]. 

  

	8.	 Administrative Fees. From the Effective Date through the term of this Agreement, Licensor
expressly agrees that it will remit to The Resource Group, within [***] a Contract Administrative Pee, as defined herein, equal to [***] of the fees that Participants paid to Licensor under this Agreement during [***]. Licensor shall provide to The
Resource Group [***]. 

 Example of payment term: [***]. 

Administrative Fee Payment. Licensor must send all Contract Administrative Fee payments by either Electronic Funds Transfer or by check
as follows: 
 [***] 
 Checks:

 Ascension Health Resource and Supply Management Group, LLC 

[***] 
 A remittance advice must
accompany each payment and must include the following information: 
  

	 	•	 	 The Resource Group Agreement number; 

 

	 	•	 	 The amount of the total payment of the Contract Administrative Fee allocated to the Agreement;

  

	 	•	 	 The period for which the Contract Administrative Fee payment is being made; and 

 

	 	•	 	 Licensor name as it appears on the Agreement. 

Reporting Fees Paid to Licensor Data and Pricing Data. Accompanying each Contract Administrative Fee payment, Licensor must provide The
Resource Group with a sales data report, [***]. 
  

	9.	 Infringement Indemnity. If a third party claim is made or an action brought alleging that the
Products infringe a U.S. patent, or any copyright, trademark, trade secret or other proprietary right, Licensor shall indemnify, hold harmless and defend The Resource Group, Ascension Health, Ascension Health Alliance, Participants and their
officers, directors, trustees, sponsors, employees, or agents (each an “Indemnitee” and collectively, the “Indemnitees”) against such claim [***]. 

  
 7 

	10.	 General Indemnity. Licensor will indemnify, hold harmless and defend Indemnitees from and against
any and all third party claims, suits or actions and all resulting losses, damages and expenses (including reasonable attorneys’ and expert fees), (“Claims”), resulting from the [***] pursuant to this Agreement, whether carried
out by Licensor’s employees, agents, or subcontractors. [***]. 

  

	11.	 Loss of Data. Licensor shall [***]. 

 

	12.	 Representations and Warranties. The parties acknowledge that Licensor’s willingness and
ability to provide Products and Services of the quality and at the levels specified herein are the essence of this Agreement. Accordingly, the following provisions shall apply to all Products and/or Services furnished by Licensor hereunder:

  

	 	12.1	 Title. Licensor warrants and represents that: (i) it has and shall continue to have for the Term of
this Agreement, the right to grant to Licensee the license to use the Products as set forth in this Agreement without, to its knowledge, violating the rights of any third party; and (ii) there is no actual or, to its knowledge, threatened suit
by any third party based on an alleged violation of such right by Licensor. To the extent Licensor incorporates third party rights into the Products, Licensor warrants and represents that it has obtained the rights from those third parties necessary
to vest in or grant to Licensee the various license rights necessary under this Agreement. Licensor further agrees that it shall notify Licensee, in writing, of any regulatory issues, arbitration, or litigation, pending or active, that may adversely
affect Licensor’s performance or ability to perform under this Agreement or any Order Form, promptly upon learning of same, [***]. 

  

	 	12.2	 Documentation. Any Documentation furnished as part of Product(s) hereunder will be in form and substance
[***]. If at any time such original Documentation is revised or supplemented by additional Documentation, thereupon Licensor shall deliver to Licensee copies of such revised or additional Documentation at no charge in quantity equivalent to the
quantity of such original Documentation then in Licensee’s possession. Licensee shall have the right to reproduce all Documentation supplied hereunder provided such reproduction shall be solely for the internal use of Licensee and provided
further that Licensee replicates all copyright and other proprietary notices contained on the Documentation. 

  

	 	12.3	 Compatibility. Licensor warrants that the Software will be compatible with the Licensor’s technical
environment recommendations, including hardware, operating system(s), software application(s), and networks specified by Licensor in the Order Form or in the Documentation. 

 

	 	12.4	 Performance. Licensor represents and warrants to Licensee that the Products upon delivery will be the
latest commercially available releases, and that future release and engineering changes to the Software or its components will not materially degrade performance or remove any material functionality. Licensor warrants and represents that the
Products will perform, in all material respects, in accordance with all Documentation provided by Licensor during the term set forth on the Order Schedule. The Documentation provided on or before the Effective Date shall represent the [***] of the
Products. [***]. 

  
 8 

	 	12.5	 Illicit Code. Licensor warrants and represents that it will use [***] to ensure that: (i) unless
authorized in writing by Licensee; or (ii) necessary to perform valid duties under this Agreement, any Products made available to Licensee by Licensor for use by Licensor or Licensee shall: (a) contain no hidden files; (b) not
replicate, transmit or activate itself without control of a person operating computing equipment on which it resides; (c) not alter, damage, or erase any data or computer programs without control of a person operating the computing equipment on
which it resides; or (d) contain no key, node lock, time out or other function, whether implemented by electronic, mechanical or other means, which restricts or may restrict use or access to any programs or data developed under this Agreement,
based on residency on a specific hardware configuration, frequency or duration of use, or other limiting criteria (“Illicit Code”). [***]. 

  

	 	12.6	 Date and Time. Licensor warrants and represents that the occurrence in or use by the Products of any
dates or times (“Temporal Elements”), including without limitation any date with a year specified as “99” or “00” regardless of other meanings attached to these values, any date before, on, or after
January 1, 2000, and any time change related to daylight savings time or changes in time zones will not adversely affect its performance with respect to date and time-dependent data, computations, output, or other functions (including, without
limitation, calculating, comparing, and sequencing) and that the Products will create, store, process, and output information related to or including Temporal Elements without errors or omissions and at no additional cost to Licensee. At
Licensee’s request, Licensor will provide [***]. 

  

	 	12.7	 Due Authority. Each party’s execution, delivery and performance of this Agreement and each
agreement or instrument contemplated by this Agreement has been duly authorized by all necessary corporate action. This Agreement and each agreement or instrument contemplated by this Agreement, when executed and delivered by each party in
accordance with the terms of this Agreement, will be the legal, valid, and binding obligation of such party, in each case enforceable in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency,
moratorium, reorganization, or similar laws then in effect that govern the enforcement of creditors’ rights generally. All persons who have executed this Agreement on behalf of a party, or who will execute any agreement or instrument
contemplated by this Agreement on behalf of a party, have been duly authorized to do so by all necessary corporate action, 

  

	 	12.8	 Warranty of Services. Licensor warrants and represents that Services performed by Licensor or its
Personnel shall be performed in a professional manner, consistent with the standard practices in the industry and in a diligent, workmanlike, and expeditious manner. Licensor acknowledges that [***] for all Services provided hereunder. [***].

  
 9 

	 	12.9	 Continuous Representations and Warranties. Except as otherwise specifically set forth in this Agreement;
all representations and warranties made by Licensor in this Agreement shall be deemed first made on the date hereof (and as an inducement to Licensee’s execution and delivery of this Agreement) and they shall run continuously thereafter.

  

	 	12.10	 Disclaimers. EXCEPT AS EXPRESSLY SET FORTH IN THIS SECTION 12, THE PRODUCTS AND SERVICES ARE PROVIDED ON
AN “AS IS” “WHERE IS” BASIS WITHOUT WARRANTY OF ANY KIND. EXCEPT FOR THE EXPRESS WARRANTIES MADE ABOVE IN THIS SECTION 12, LICENSOR MAKES NO OTHER WARRANTIES AND HEREBY DISCLAIMS ALL OTHER WARRANTIES, EXPRESS OR IMPLIED,
INCLUDING WITHOUT LIMITATION, WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NONINFRINGEMENT OF THIRD PARTIES RIGHTS. 

  

	 	12.11	 CLINICAL DISCLAIMER. LICENSEE ACKNOWLEDGES AND AGREES THAT ANY CONTENT OR OTHER INFORMATION CONTAINED IN
OR MADE AVAILABLE VIA THE PRODUCTS SHOULD BE REVIEWED BY A QUALIFIED PHYSICIAN PRIOR TO USE AND IS NOT INTENDED AS A SUBSTITUTE FOR, THE KNOWLEDGE, EXPERTISE, SKILL AND JUDGMENT OF MEDICAL PROFESSIONALS IN MAKING DECISIONS WITH RESPECT TO
HEALTHCARE. LICENSEE IS RESPONSIBLE FOR VERIFYING ALL INFORMATION BEFORE APPLYING IT TO THE CLINICAL SETTING. 

  

	13.	 Services. 

 

	 	13.1	 Maintenance. Unless otherwise provided in the Order Form, Licensor agrees to provide Licensee with:
(a) during the Term of the Order Form all Updates to the Software (but not Enhancements) and (b) the maintenance and support services as identified in the applicable Order Form for the Term of the Order Form. 

 

	 	13.2	 Service Levels. Licensor will provide Services in accordance with the Service Level Agreement attached
hereto as Exhibit F. 

  

	 	13.3	 Support. Licensor will provide support to Licensee in the following manner: During the Term of the
applicable Order Form, Licensor will provide Licensee with technical support services which consist of: (i) assistance related to questions on the installation and operational use of the Product; (ii) assistance in identifying and
verifying the causes of suspected errors in the Product; and (iii) providing workarounds for identified Product errors or malfunctions, where reasonably available to Licensor. Licensee shall designate a reasonable number of individuals to act
as support liaisons to utilize the technical support services and will ensure that such persons will be properly trained in the operation and usage of the Product. Licensor will have the right to elect not to provide technical support services other
than to those designated support liaisons. Licensee agrees to promptly implement 

  
 10 

	 	
all Updates provided by Licensor under this Agreement. Licensee may contact Licensor’s Customer Support directly between the hours of 8:00 a.m. and 8:00 p.m., EST, Monday through
Friday and on Saturday from 9:00 a.m. to 5:00 p.m., excluding Licensor holidays. Any changes to Customer Support hours will be posted by Licensor on its website: www.phreesia.com. 

 

	 	13.4	 Hosting. Licensor will provide Hosting Services to Licensee as set forth in Exhibit H.

  

	14.	 Term and Termination. 

 

	 	14.1	 General. The term of this Agreement (“Term”) shall commence on the Effective Date and
shall continue until the last day of that month which is three (3) years after the month in which the Effective Date falls; subject, however, to earlier termination as provided herein; provided, however, that the expiration of the Term shall
not affect the term of any Order Form then in effect which shall otherwise continue according to its terms and subject to the provisions hereof. [***]. 

  

	 	14.2	 Either The Resource Group or Licensor may terminate this Agreement for an [***] by the other party. Either
Licensee or Licensor may terminate an Order Form for [***] by the other party. The non-breaching party must provide written notice to the breaching party of such breach. The breaching party may attempt to cure
such breach during the [***] period following notice. If the breaching party fails to cure the breach within the [***] after notice, the non-breaching party may immediately terminate the Agreement or the
applicable Order Form. Termination of an Order Form due to a breach by Licensor or Licensee will not affect any other Order Form between Licensor and Licensee or any other Order Form hereunder. 

 

	 	14.3	 The Resource Group may terminate this Agreement without cause within [***] prior written notice to Licensor;
provided, however, that the termination of this Agreement shall not affect the term of any Order Form then in effect which shall otherwise continue according to its terms and subject to the provisions hereof. In the event a notice of termination is
given pursuant to this Section 14.3, this Agreement shall terminate [***] after the date such notice is given. 

  

	 	14.4	 Licensee may terminate an Order Form without cause within [***] prior written notice to Licensor. In the event
a notice of termination is given pursuant to this Section 14.34, the Order Form shall terminate [***] after the date such notice is given. [***]. 

  

	 	14.5	 [***]. Upon termination of an Order Form as set forth in this Section 14, Licensee agrees to discontinue
use of the Products and return Products to Licensor within the time period set forth in the Order Form or if no time period is set forth therein, within [***] of the effective date of the termination. 

  
 11 

	15.	 Employee Conduct. Licensor acknowledges Ascension Health Alliance’s, The Resource
Group’s, Ascension Health’s and a Participant’s obligations to comply with certain laws and regulations as well as the need for Licensor’s employees and agents to comply with reasonable requests, standard rides, and regulations
of Ascension Health Alliance, The Resource Group, Ascension Health and/or a Participant regarding personal and professional conduct (including the use of an identification badge or personal protective equipment and the adherence to health care
facility laws or regulations, including in some instances, criminal background checks, credit checks, health screening, vaccinations and testing, and general safety practices or procedures) generally applicable to such facilities. Licensor shall
provide Ascension Health Alliance, The Resource Group, Ascension Health and a Participant with reasonable assistance in ensuring Licensor employee and agent compliance with (i) laws and regulations affecting Ascension Health Alliance’s,
The Resource Group’s, Ascension Health’s or a Participant’s facility and (ii) Ascension Health Alliance’s, The Resource Group’s, Ascension Health’s and a Participant’s facility rales and regulations provided
to Licensor in writing in advance. [***]. To the extent Licensor’s employee or permitted subcontractor has access to Protected Health Information as such is defined in the Health Insurance Portability and Accountability Act of 1996, as amended
(“HIPAA”), Licensor warrants that it has educated such employee or permitted subcontractor on the obligation imposed by applicable law and the requirements of any applicable business associate agreement. [***]. Further, Licensor
shall be fully responsible for all acts and omissions of any employee and subcontractor used by Licensor. Licensee may, in its reasonable discretion, require Licensor to replace any personnel of Licensor, including any employee or permitted
subcontractor personnel, if such personnel does not perform satisfactorily, does not comply with Licensee’s security requirements or other rules and regulations applicable to the conduct of Licensee employees or contractors, or for other good
cause. 

  

	16.	 Remote Access. Remote access to Licensee’s systems for Services and for any other purpose
allowed by this Agreement is subject to compliance with Licensee’s remote access and other security requirements provided to Licensor in writing in advance. Licensor’s access may require prior certification by each Licensee that Licensor
complies with Licensee’s security policies and standards. Licensee may reasonably modify these security requirements upon written notice to Licensee and Licensor must comply with the most recent version of the Licensee’s security
requirements. Licensor must ensure that each of its personnel having access to any part of Licensee’s computer system: (i) is assigned a separate log-in ID by Licensee and uses only that ID when
logging on to Licensee’s system; (ii) logs-off Licensee’s system immediately upon completion of each session of service; (iii) does not allow other individuals to access Licensee’s
computer system; and (iv) keeps strictly confidential the log-in ID and all other information that enables access. Licensor must promptly notify Licensee upon termination of employment or reassignment of
any of its personnel with access to Licensee’s computer system. If Licensee revises the requirements for access to its computer system, then Licensee must notify Licensor of the changed or additional requirements and Licensor must comply with
them as a prerequisite to further access. 

  

	17.	 Trademark and Publicity. 

 

	 	17.1	 As a material obligation of this Agreement, Licensor agrees that it shall not, without prior written consent of
the applicable party’s Office of the Genera! Counsel in each instance: [***]. 

  

	 	17.2	 [***]. 

  
 12 

	18.	 Confidentiality, Proprietary Nature of Information. Licensor agrees that it shall not disclose or
verify to any third party any The Resource Group, a Participant, Ascension Health, or Ascension Health Alliance Data which it learned or had access to during the course of its performance of this Agreement, without the prior written consent of such
party. This obligation shall survive the cancellation or other termination of this Agreement. The parties agree that any information furnished to one by the other that is marked “confidential” or “proprietary” or which consists
of or relates to patient information, a party’s initiatives, business plans or intellectual property, and employee and medical staff information, constitutes the sole and exclusive proprietary information of the providing party
(“Confidential Information”). “Confidential Information” shall also include any information concerning a disclosing party (whether prepared by a disclosing party or its representatives or otherwise and irrespective of the
form of communication (i.e., whether written or oral)) which is furnished to a receiving party or to its representatives now or in the future by or on behalf of a disclosing party, including, without limitation, any business, technical (including,
but not limited to, patented or patent-pending information), marketing, financial, patient, The Resource Group, a Participant, Ascension Health, Ascension Health Alliance, vendor, employee, manufacturing, marketing, sales, research and development,
or other information which is communicated by or on behalf of a disclosing party to a receiving party orally, in writing or other physical form. “Confidential Information” shall also be deemed to include the existence of and content of
this Agreement, as well as any notes, analyses, compilations, studies, forecasts, interpretations or other documents prepared by a receiving party or its representatives that contain, in whole or in part, the information furnished to such receiving
party or its representatives pursuant hereto. Confidential Information shall also be deemed to include [***]. Each party agrees: (i) not to disclose any such Confidential Information (other than to its employees and contractors with a need to
know); (ii) not to use any such Confidential Information for the benefit of itself or any other person or entity except as expressly provided in this Agreement; (iii) to keep all Confidential Information in strict confidence; and (iv) to
safeguard all Confidential Information with reasonable security measures at least equivalent to the measures that it uses to safeguard its own proprietary or Confidential Information. All Confidential Information obtained by the receiving party is
the exclusive property of disclosing party and the receiving party agrees to promptly return all Confidential Information including any copies, notes or summaries made thereof which the receiving party may have made, may have access to, or may
receive or possess to the disclosing party upon the earlier of a request by the disclosing party or the completion of the discussions and/or business relationship. The receiving party shall not retain any copies or summaries of the Confidential
Information unless expressly approved in writing by disclosing party. 

  

	19.	 Geographic Limitations on Data. Licensor warrants and represents that in its provision of
Products to Licensee, Licensor will limit the flow of Protected Health Information as such is defined in HIPAA and Confidential Information to the geographic limits of the United States of America and Canada. [***]. 

  
 13 

	20.	 Data Breach. In the event of an unauthorized use or disclosure by Licensor, its employees, agents
or subcontractors of individually identifiable information held by Licensee (“Personal Information”), Licensor shall take the following action with respect to such unauthorized use or disclosure: [***]. 

 

	21.	 Ownership of Data. Licensor acknowledges that it [***]. Except as otherwise set forth in this
Agreement, Licensor acknowledges that it may not use any of Licensee’s Data, even if it is in “cleansed” or “deidentified” form, for any purpose other than to fulfill its contractual obligations to Licensee and, if
applicable, for other purposes that have been agreed to by Licensee in the HIPAA Business Associate Addendum attached hereto. 

  

	22.	 Insurance. Throughout the term of this Agreement and for a period of at least [***] for any
insurance written on a claims-made form, Licensor shall maintain [***], the insurance coverages described below. Licensor shall obtain or otherwise arrange for appropriate levels of insurance coverage for all subcontractors providing Services that
shall also comply with the insurance requirements as set forth below: 

  

	 	(a)	 commercial general liability insurance, including products/completed operations, personal and advertising
injury coverage, in a form substantially equivalent to [***]; 

  

	 	(b)	 commercial automobile liability insurance covering use of all owned,
non-owned and hired automobiles with a minimum combined single limit [***] for bodily injury and property damage liability; 

 

	 	(c)	 worker’s compensation insurance and employer’s liability insurance or any alternative plan or
coverage as permitted or required by applicable law, with a minimum employer’s liability limit of [***], each employee for disease, and policy limit for disease; 

 

	 	(d)	 umbrella/excess liability insurance, with underlying coverage in subsections (i) through (iii) above,
[***]; 

  

	 	(e)	 computer processor/computer Licensor professional liability insurance (Technology Errors and Omissions)
covering the liability for financial loss due to error, omission or negligence of Licensor, [***]; 

  

	 	(f)	 Privacy and Network Security (“cyber”) insurance covering loss arising out of or in connection
with loss or disclosure of confidential information or confidential medical information, in a minimum amount [***]; and 

  

	 	(g)	 third-party fidelity/crime coverage, including blanket employee dishonesty and computer fraud insurance, for
loss arising out of or in connection with fraudulent or dishonest acts committed by the employees of Licensor, acting alone or in collusion with others, [***]. 

  
 14 

	 	22.2	 The required limits may be satisfied by a combination of primary and excess policies. In the event Licensor is
unwilling or unable to indemnify Licensee and coverage is denied or reimbursement of a properly presented claim is disputed by the carrier for insurance described above, upon written request, [***]. The terms of this Section shall not be deemed to
limit the liability of Licensor hereunder, or to limit any rights Licensee may have including, without limitation, rights of indemnity or contribution. If, for any reason, any of the required insurance is cancelled or
non-renewed, notice shall be delivered in accordance with policy provisions, and Licensor shall promptly deliver such notice to Licensee. [***]. 

 

	 	22.3	 Any general liability, automobile liability and excess liability insurance policies Licensor is required to
carry pursuant to this Section 22 shall: [***]. 

  

	23.	 [***] 

  

	24.	 Documentation to Support Provision of the Product. For a period of [***] Licensor shall maintain
complete and accurate accounting records in a form in accordance with generally accepted accounting principles (including, but not limited to, detailed time and expense records), to substantiate Licensor’s charges and expenses. Licensor’s
provision of access to information shall be without charge. 

  

	25.	 Government Requirements. 

 

	 	25.1	 Omnibus Reconciliation Act of 1980. To the extent that Section 952 of the Omnibus Reconciliation
Act of 1980 (the “Act”) and the regulations promulgated thereunder are applicable to this Agreement, Licensor and the organizations related to it, if any, performing any of the duties pursuant to this Agreement [***], comply with
requests by the Comptroller General, the Secretary of the Department of Health and Human Services, and their duly authorized representatives for access (in accordance with Section 952 of the Act) to any contract or agreement between Licensor
and Ascension Health Alliance, The Resource Group, Ascension Health or a Participant for Services and to any contract or agreement between Licensor and such related organizations, as well as the books, documents and records of Licensor and its
related organizations, if any, which are necessary to verify the cost of the Services provided. Licensor shall promptly advise Ascension Health Alliance, The Resource Group, Ascension Health or a Participant of such request, and shall promptly
provide to Ascension Health, and Ascension Health Alliance copies of any documents so provided. Neither party shall be deemed to have waived any attorney-client or work-product privilege by virtue of this Section. 

 

	 	25.2	 Compliance with Laws. The Products shall comply with applicable law. On its own initiative and at the
request of Ascension Health Alliance, The Resource Group, Ascension Health or a Participant, Licensor shall provide The Resource Group, a Participant, Ascension Health, or Ascension Health Alliance with updates

  
 15 

	 	
or new versions to make the Products comply with all generally applicable, federally mandated, regulatory changes and state mandated changes [***]. Any such Products supplied pursuant to this
Section shall be subject to the terms, conditions and obligations of this Agreement. The parties intend that this Agreement comply at all times with all existing and future applicable laws, including state and federal anti-kickback laws, the
Medicare/Medicaid Anti-Fraud and Abuse Statutes, the restrictions on Ascension Health Alliance, The Resource Group, Ascension Health or a Participant by virtue of its tax-exempt status and the federal law
relating to physician referrals. If at any lime, as the result of the enactment of a new statute, the issuance of regulations, or otherwise, either party receives a written opinion of counsel that there is a substantial risk that [***] then the
parties shall use good faith efforts to reform this Agreement in such a manner so that it complies with applicable law or does not preclude Ascension Health Alliance, The Resource Group, Ascension Health or a Participant from billing a third party
payor, as applicable. [***]. 

  

	 	25.3	 Regulatory Changes. The Products and Services shall comply with law, and all operations and functions of
the Products and Services shall be consistent with legal, regulatory and accreditation requirements, [***]. Any such Products or Services supplied pursuant to this Section shall be subject to the terms, conditions and obligations of this Agreement.

  

	 	25.4	 Exclusion from Federal Healthcare Programs. Licensor represents and warrants that neither it, nor any of
its employees or other contracted staff (collectively referred to in this paragraph as “employees”) has been or is about to be excluded from participation in any Federal Health Care Program (as defined herein). [***] The listing of
Licensor or any of its employees on the Office of Inspector General’s exclusion list (OIG website), the General Services Administration’s Lists of Parties Excluded from Federal Procurement and Nonprocurement Programs (GSA website) for
excluded individuals or entities, any state Medicaid exclusion list, or the Office of Foreign Assets Control’s (OFAC’s) blocked list shall constitute “exclusion” for purposes of this paragraph. [***]. For the purpose of this
paragraph, the term “Federal Health Care Program” means the Medicare program, the Medicaid program, TRICARE, any health care program of the Department of Veterans Affairs, the Maternal and Child Health Services Block Grant program,
any state social services block grant program, any .state children’s health insurance program, or any similar program. 

  

	 	25.5	 Business Associate Addendum. Licensor agrees to the terms of the HIPAA Business Associate Addendum
attached hereto as Exhibit B and further agrees to execute any amendments thereto reasonably requested by Ascension Health Alliance, The Resource Group, Ascension Health or a Participant to meet Licensee’s regulatory obligations.

  

	 	25.6	 Discounts and/or Free Products. Licensor shall assist The Resource Group, a Participant, Ascension
Health, or Ascension Health Alliance in complying with the reporting requirements of 42 C.F.R. § 1001.952(h), regarding “safe harbor” 

  
 16 

	 	
protection for discounts under the Anti-kickback Statute. Licensor shall disclose to The Resource Group, a Participant, Ascension Health, or Ascension Health Alliance in this Agreement and on
each invoice, or as otherwise agreed in writing, the amount of any discount or rebate. The statement shall inform The Resource Group, a Participant, Ascension Health, or Ascension Health Alliance, as appropriate, in a clear and simple manner of the
amount of any discount or rebate so as to enable The Resource Group, a Participant, Ascension Health, or Ascension Health Alliance to satisfy its obligations to report such discount or rebate to Medicare. 

 

	 	25.7	 Group Purchasing Organization. The Resource Group (a) is a “group purchasing
organization” dial is structured to comply with the requirements of the “GPO safe harbor” regulations regarding payments to group purchasing organizations set forth in 42 C.F.R. § 1001.952(j), except with respect to the
requirement that the group of individuals or entities that the group purchasing organization is authorized to act as a purchasing agent for, be neither wholly-owned by the group purchasing organization nor subsidiaries of a parent corporation that
wholly owns the group purchasing organization; (b) obtained a favorable Advisory Opinion from the Department of Health and Human Services Office of the Inspector General issued March 8, 2012 (OIG Advisory Opinion No. 12-01), with respect to the structure and operation of The Resource Group (subsections (a) and (b) referred to collectively as the “GPO Safe Harbor”); and [***]. The Resource
Group agrees that if and as required by relevant regulations (as they may be amended from time to time), it will disclose in writing to each Participant which is a provider of services as defined in section 1861(u) of the Social Security Act
(or to each Participant facility, if the Participant has more than one facility) at least annually, and upon request, to the U.S. Secretary of Health and Human Services, the actual amount The Resource Group has received from Licensor with respect to
purchases made by or on account of the Participant. [***]. The Resource Group makes no representations that the Contract Administrative Fees meet the definition of “bona fide service fees” as defined in 42 C.F.R. § 414.802
or as may be used in other regulations containing similar price reporting requirements. 

  

	26.	 Corporate Responsibility. The Resource Group, a Participant, Ascension Health, and Ascension
Health Alliance have a Corporate Responsibility Program (“Program”) which has as its goal to ensure that The Resource Group, a Participant, Ascension Health, and Ascension Health Alliance comply with federal, state and local laws
and regulations. The Program focuses on risk management, the promotion of good corporate citizenship, including the commitment to uphold a high standard of ethical and legal business practices, and the prevention of misconduct. Licensor acknowledges
The Resource Group’s, a Participant’s, Ascension Health’s, Ascension Health Alliance’s commitment to the Program and agrees to conduct all Services and business transactions which occur pursuant to this Agreement in accordance
with the underlying philosophy of the Program. Licensor shall ensure that its personnel comply and cooperate with, and participate in, the Program as applicable to the performance of Services and business transactions under this Agreement.

  
 17 

	27.	 Independent Contractor. Licensor and Licensee are independent contractors in all relationships
and actions under and contemplated by this Agreement. Except as expressly set forth herein, this Agreement shall not be construed to create any employment, partnership, joint venture, or agency relationship between the parties or to authorize
Licensor to enter into any commitment or agreement binding Licensee, including, but not limited to, the offering or extension by Licensor of any representation, warranty, guarantee, or other commitment on behalf of Licensee. 

 

	28.	 [***]. 

  

	29.	 Miscellaneous. 

 

	 	29.1	 Notices. All notices required or contemplated by this Agreement shall be in writing. Any notice to be
given or served hereunder, by either party shall be deemed given and received hereunder when delivered personally or five (5) days after being mailed certified mail, postage prepaid, and addressed as follows, or to such other address as each
party may designate in writing: 

 Notices from Licensor to The Resource Group shall be delivered or mailed to The Resource
Group at: 
 [***] 
 Notices
from The Resource Group or Licensee to Licensor shall be delivered or mailed to Licensor at: 
 [***] 

Notice to Licensee shall be sent to the address identified in the applicable Order Form. 

 

	 	29.2	 Entire Agreement. This Agreement, together with any Order Form, exhibits and other attachments thereto
which are specifically incorporated herein, shall constitute the entire agreement between Licensor and Licensee and contains all of the understandings and agreements of the parties in respect of the subject matter hereof. Any and all prior
understanding and agreements, expressed or implied, between the parties hereto in respect of the subject matter hereof are superseded hereby. Any additional or different terms appearing on any invoice, P.O. or other document including terms and
conditions in standard or preprinted documents or on Licensor’s web site that are inconsistent with this Agreement shall be void and have no force or effect. 

 

	 	29.3	 Severability. In the event any one or more of the terms or provisions contained in this Agreement or any
application thereof finally shall be declared by a court of competent jurisdiction to be invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions of this Agreement or any application
thereof shall not in any way be affected or impaired, except that, in such an event, this Agreement shall be deemed revised in order to provide the party adversely affected by such declaration with the benefit of its expectation, evidenced by the
provision(s) affected by such a declaration, to the maximum extent legally permitted. 

  
 18 

	 	29.4	 Assignment. This Agreement shall be binding upon and for the benefit of the Parties and their permitted
successors and assigns. [***]. 

  

	 	29.5	 Counterparts. This Agreement may be executed by the parties hereto in separate counterparts, each of
which when so executed and delivered shall be an original, but all such counterparts shall together constitute but one and the same instrument. 

  

	 	29.6	 Modifications and Amendments. This Agreement (including any schedule to this Agreement) may not be
modified or amended except by art instrument in writing signed by The Resource Group and Licensor hereto. Accordingly, no course of conduct shall constitute an amendment or modification of this Agreement (including any schedule to this Agreement).
No Order Form may be modified or amended except by an instrument in writing signed by Licensor and the applicable Licensee. 

  

	 	29.7	 Force Majeure. Neither party shall be liable to the other for failure to perform under this Agreement if
said failure results, directly or indirectly, from government action or inaction, mechanical or electrical breakdown, or natural disaster. In the event Licensor excuses its performance of any of the requirements of this Agreement or otherwise
invokes the Force Majeure for a period in excess of [***]. Notwithstanding anything to the contrary in this Agreement, Licensor acknowledges the special role Licensee has in responding to disasters. Licensor agrees to prepare disaster recovery and
continuity of operations plans, and agrees to exert its best efforts to maintaining the functionality and operations of the Products despite the occurrence of a force majeure event. If either party is affected by an interruption or delay
contemplated by this Section 29.7, it will: [***]. 

  

	 	29.8	 Liability. [***] The provisions of this Agreement allocate risks between the Parties. The pricing set
forth herein reflects this allocation of risk and the limitation of liability specified herein. 

  

	 	29.9	 Section Headings. Headings of articles and sections in this Agreement are for the convenience of the
parties only. Accordingly, they shall not constitute a part of this Agreement when interpreting or enforcing this Agreement. 

  

	 	29.10	 Breach and Waiver. No waiver of any breach of this Agreement shall: (a) be effective unless it is
in a writing which is executed by the party charged with the waiver or (b) constitute a waiver of a subsequent breach, whether or not of the same nature. All waivers shall be strictly construed. No delay in enforcing any right or remedy as a
result of a breach of this Agreement shall constitute a waiver thereof. 

  

	 	29.11	 Estoppel. [***]. 

  
 19 

	 	29.12	 Survival of Terms. Notwithstanding anything contained herein to the contrary, all of Licensor’s and
Licensee’s respective obligations, representations and warranties under this Agreement which are not, by the expressed terms of this Agreement, fully to be performed while this Agreement is in effect shall survive the termination of this
Agreement for any reason. 

  

	 	29.13	 Binding Agreement. Subject to the provisions of Section 29.4 above, this Agreement shall be binding
upon and shall inure to the benefit of the parties hereto and their respective legal representatives, successors and permitted assigns. 

  

	 	29.14	 Defined Terms and Use of Terms. All defined terms used in this Agreement shall be deemed to refer to the
masculine, feminine, neuter, singular and/or plural, in each instance as the context and/or particular facts may require. Use of the terms “hereunder”, “herein”, “hereby”, and similar terms refer to this Agreement.

  

	 	29.15	 Cumulative Remedies. Except as set forth herein, no right or remedy conferred by this Agreement is
exclusive of any other right or remedy conferred herein or by law or in equity; rather, all of such rights and remedies are cumulative of every other such right or remedy and may be exercised concurrently or separately from time-to-time. 

  

	 	29.16	 Ambiguous Terms. Any ambiguities in this Agreement will not be strictly construed against the drafter of
the language concerned but will be resolved by applying the most reasonable interpretation under the circumstances, giving full consideration to the intentions of the parties at the time of contracting. This Agreement will not be construed against
any party by reason of its preparation. 

  

	 	29.17	 Choice of Law and Venue. This Agreement and all matters arising out of or relating to this Agreement
shall be governed by and construed in accordance with the laws of [***]. 

  

	 	29.18	 Attorney’s Fees. In the event any suit or other action is commenced to construe or enforce any
provision of this Agreement, the prevailing party, in addition to all other amounts such party shall be entitled to receive from the other party, shall be paid by said party reasonable attorney’s fees and court costs. 

 

	 	29.19	 EEOC. The parties shall abide by the requirements of 41 CFR §§
60-1.4(a), 60-300.5(a) and 60-741.5(a), and the posting requirements of 29 CFR Part 471, appendix A to subpart A, if applicable.
These regulations prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities, and prohibit discrimination against all individuals based on their race, color, religion, sex,
sexual orientation, gender identity or national origin. Moreover, these regulations require that covered prime contractors and subcontractors take affirmative action to employ and advance in employment individuals without regard to race, color,
religion, sex, sexual orientation, gender identity, national origin, disability or veteran status. 

  
 20 

	 	29.20	 Order of Precedence. In the event of any inconsistency between the sections, articles, attachments,
exhibits, schedules or provisions that constitute this Agreement, the following order of precedence shall apply: (a) the Business Associate Addendum; (b) the terms and conditions set forth in this Agreement; (c) terms and conditions
set forth in the Order Form; (d) all other attachments and exhibits incorporated herein by reference. For further clarity each party agrees: (y) that it may only modify the terms of this Agreement in an Order Form if the terms of the
Agreement that are to be modified are expressly identified in the Order Form, and (z) that any modification in an Order Form shall only apply to that particular Order Form and shall not carry forward to other Order Forms.

  

	 	29.21	 Equitable Relief. Recognizing that damages may not be an adequate remedy to Licensee or Licensor in the
event of a breach of this Agreement by the other party and that such a breach would result in irreparable harm to the non-breaching party, the non-breaching party shall
have the right to, as applicable: [***]. 

  

	 	29.22	 Enforceability. The Resource Group and Licensor are entering into this Agreement [***].

  

	 	29.23	 Signatures. Electronic signatures on this Agreement or on any Order Form (or copies of signatures sent
via electronic means) are the equivalent of handwritten signatures. 

 THE APPENDICES AND/OR EXHIBITS ON THE FOLLOWING PAGES ALSO ARE PART
OF THIS AGREEMENT 
 IN WITNESS WHEREOF, the undersigned duly authorized representatives of the parties have executed this Agreement
as of the Effective Date. 
  

					
	 Ascension Health Resource and Supply

Management Group, LLC
	 	        	  	PHREESIA, INC
			
	By: /s/ Brad
Forth                                        
                                	 		  	By: /s/ Thomas
Altier                                        
                        
	Name: Brad Forth	 		  	Name: Thomas Altier
	Title: Sr. Director of Sourcing	 		  	Title: CFO

  

  
 21 

 EXHIBIT A 

Order Form 
 [***] 

 EXHIBIT B 

HIPAA BUSINESS ASSOCIATE ADDENDUM 

[***] 

 EXHIBIT C 

Fees for Licensees Using athenaOne 

[***] 

 EXHIBIT D 

Intentionally Omitted. 

 EXHIBIT E 

Intentionally Omitted 

 EXHIBIT F 

Service Level Agreement 

[***] 

 EXHIBIT G 

Sales Data Record Layout 

[***] 

 EXHIBIT H 

Hosting Services Addendum 
 To
carry out its obligations under the Agreement, Licensor will provide the Software as software as a service in a hosted environment (“Hosting Services”). Licensor agrees to the terms and conditions set forth in this Hosting Services
Addendum (“Hosting Addendum”). If there is a conflict between the terms of the Agreement and the terms of this Hosting Addendum, the terms of this Hosting Addendum shall control. 

 

	1.	 [***]. 

  

	2.	 [***]. 

  

	3.	 [***]. 

  

	4.	 [***]. 

  

	5.	 Disaster Avoidance and Recovery. During the Term, Licensor shall maintain a Disaster Recovery
Plan in a form provided to Licensee prior to the execution of the Order Form. 

 PHREESIA, INC. 

EMV ADDENDUM MASTER SOFTWARE LICENSE AND SERVICES AGREEMENT 

[***] 

 

 
  

			
		  	
Supplier:                        
                     
 Agreement
No:                                   

Amendment
No.                                 

Date:                         
    , 20   

  

 ASCENSION HEALTH RESOURCE AND SUPPLY MANAGEMENT GROUP, LLC 

AMENDMENT TO MASTER SOFTWARE LICENSE AND SERVICES AGREEMENT 

THIS AMENDMENT is made and entered into as of March 28, 2018 (“Amendment Effective Date”), by and between ASCENSION
HEALTH RESOURCE AND SUPPLY MANAGEMENT GROUP, LLC (“The Resource Group”) and PHREESIA, INC. (“Licensor”). 

WHEREAS, the parties entered into a Master Software License and Services Agreement dated March 31, 2015 as amended (the
“Agreement”); and 
 WHEREAS, the parties desire to amend the Agreement as of the Amendment Effective Date according to the
terms and conditions set forth herein. 
 NOW, THEREFORE, in consideration of the promises contained in this Amendment, the parties
agree as follows: 
 1) All occurrences throughout the Agreement of the language stating: “11775 Borman Drive, Suite 340, St. Louis, Missouri
63146” are deleted and replaced with the following: “2054 Westport Center Drive, St. Louis, Missouri 63146”. 
 2) All occurrences
throughout the Agreement of the language stating: “theresourcegroupfinance@ascensionhealth.org” are deleted and replaced with the following: “finance@theresourcegroup.com”. 

3) All occurrences throughout the Agreement of the language stating:
“MOSTL-MB-DataIntegr@ascensionhealth.org” are deleted and replaced with the following: “adminfees@theresourcegroup.com”. 

4) All occurrences throughout the Agreement of the language stating: “http://www.ascensionhealth.org/communication/vendorparticipants.xls” are
deleted and replaced with the following: “http://www.theresourcegroup.com/participantroster”. 
 5) All occurrences throughout the Agreement of the
language stating: “theresourcegroup@ascension.org” are deleted and replaced with the following: “customercare@theresourcegroup.com”. 

6) All occurrences throughout the Agreement of the language stating: 

“Wire Transfers/ACH: 
 [***]

 Checks: 

  
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Phreesia Amendment 
  

 
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information and shall not be duplicated or disclosed without permission of the parties. 

 

 
  

			
		  	
Supplier:                        
                     
 Agreement
No:                                   

Amendment
No.                                 

Date:                         
    , 20   

  

 [***]” 

are deleted and replaced with the following: 

“ACH: 
 [***] 

Wire Transfers: 
 [***]” 

Checks: 
 [***]”. 

7) Section 25 of the Agreement is amended by adding the Equal Opportunity Clause as set forth below and added as Section 25.8 of the
Agreement: 
 “25.8 Equal Opportunity Clause. The parties shall abide by the requirements of 41 C.F.R. 60-1.4(a), 60-300.5(a) and 60-741.5(a), and the posting requirements of 29 C.F.R. Part 471,
appendix A to subpart A, if applicable. These regulations prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities, and prohibit
discrimination against all individuals based on their race, color, religion, sex, sexual orientation, gender identity or national origin. Moreover, these regulations require that covered prime contractors and subcontractors take affirmative action
to employ and advance in employment individuals without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.” 

8) Notwithstanding Section 14.1 of the Agreement, this Agreement is extended for an additional six (6) months, unless earlier terminated pursuant to
the terms of the Agreement. For clarity, the Term is extended until September 30, 2018. Unless terminated or preempted by a new Amendment or Agreement, the term of the Agreement shall automatically extend for twelve (12) month periods
thereafter. 
 9) Exhibit G of the Agreement is deleted in its entirety and replaced with updated Sales Data Record Layout as specified in
Appendix 1 (Updated Exhibit G) of this Amendment. 
 10) This Amendment will not be deemed accepted by either party unless and until it has
been signed by a duly authorized representative of each party. In the event of a conflict between the terms and conditions of this Amendment and the terms and conditions of the Agreement, this Amendment will govern. 

11) All Exhibits attached to this Amendment are incorporated into the Agreement, 

  
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information and shall not be duplicated or disclosed without permission of the parties. 

 

 
  

			
		  	
Supplier:                        
                     
 Agreement
No:                                   

Amendment
No.                                 

Date:                         
    , 20   

  

 12) Except as modified by this Amendment, the Agreement is otherwise ratified, confirmed and approved, and
will remain in full force and effect in accordance with its terms. 
 IN WITNESS WHEREOF, the parties have caused this Amendment to be executed by
their authorized signatories as of the Amendment Effective Date. 
  

					
	 ASCENSION HEALTH RESOURCE AND
 SUPPLY
MANAGEMENT GROUP, LLC
	 	        	  	PHREESIA, INC.
			
	By: /s/ Mike
Wray                                         
                           	 		  	By: /s/ Thomas
Altier                                        
                        
	Name: Mike Wray	 		  	Name: Thomas Altier
	Its: VP Contract Design	 		  	Its: CFO

  
 Page 3 of 5 

Phreesia Amendment 
  

 
 This page contains proprietary
information and shall not be duplicated or disclosed without permission of the parties. 

 

 
  

			
		  	
Supplier:                        
                     
 Agreement
No:                                   

Amendment
No.                                 

Date:                         
    , 20   

  

 APPENDIX 1 

UPDATED EXHIBIT G 

SALES DATA RECORD LAYOUT 
 Instructions

 This document provides the Record Layout for Sales source detail. Please use an Excel Spreadsheet. Numeric fields may be zero filled to the left (but
it is not required). All decimal positions are explicit, a decimal point is required. Invoices and credits both are to be extracted in this process. Fields should not be enclosed by “quotes”. 

[***]

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