Document:

EX-4.2

 Exhibit 4.2 

AMENDED AND RESTATED 

REGISTRATION RIGHTS AGREEMENT 

OF 
 ALARM.COM HOLDINGS,
INC. 
 DATED AS OF Jury 11, 2012 

 Table of Contents 

 

									
	 	 	 	 	 	  	Page	 
	 1.
	 	DEFINITIONS	  	 	2	  
	 2.
	 	REGISTRATION RIGHTS	  	 	5	  
		 	2.1	 	Demand Registration	  	 	5	  
		 	2.2	 	Company Registration	  	 	8	  
		 	2.3	 	Obligations of the Company	  	 	8	  
		 	2.4	 	Furnish Information	  	 	11	  
		 	2.5	 	Expenses of Demand Registration	  	 	11	  
		 	2.6	 	Expenses of Company Registration	  	 	12	  
		 	2.7	 	Underwriting Requirements	  	 	12	  
		 	2.8	 	Delay of Registration	  	 	13	  
		 	2.9	 	Indemnification	  	 	13	  
		 	2.10	 	Reports Under Exchange Act	  	 	15	  
		 	2.11	 	Form S-3 Registration	  	 	15	  
		 	2.12	 	Assignment of Registration Rights	  	 	18	  
		 	2.13	 	Limitations on Subsequent Registration Rights	  	 	18	  
		 	2.14	 	“Market Stand Off” Agreement	  	 	19	  
		 	2.15	 	Termination of Registration Rights	  	 	19	  
	 3.
	 	LEGEND ON SHARE CERTIFICATES	  	 	20	  
	 4.
	 	MISCELLANEOUS	  	 	20	  
		 	4.1	 	Transfers, Successors and Assigns	  	 	20	  
		 	4.2	 	Governing Law	  	 	20	  
		 	4.3	 	Jurisdiction	  	 	20	  
		 	4.4	 	Counterparts: Facsimile	  	 	21	  
		 	4.5	 	Titles and Subtitles	  	 	21	  
		 	4.6	 	Notices	  	 	21	  
		 	4.7	 	Amendments and Waivers	  	 	21	  
		 	4.8	 	Severability	  	 	22	  
		 	4.9	 	Delays or Omissions	  	 	22	  
		 	4.10	 	Entire Agreement	  	 	22	  
		 	4.11	 	Aggregation of Stock	  	 	23	  
		 	4.12	 	Costs of Enforcement	  	 	23	  
		 	4.13	 	References	  	 	23	  
		 	4.14	 	WAIVER OF RIGHT TO JURY TRIAL	  	 	23	  
		 	4.15	 	Specific Enforcement	  	 	23	  

 Schedule A Schedule of Stockholders 

  
 -i- 

 AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT 

This Amended And Restated Registration Rights Agreement (this “Agreement”) is made as of July 11, 2012, by and among
Alarm.com Holdings, Inc., a Delaware corporation (the “Company”), and the stockholders party hereto (the “Stockholders”). 

WHEREAS, in connection with the acquisition by the Company of all of the equity interests of Alarm.com Incorporated, a Delaware
corporation (“Alarm.com”), certain of the Stockholders purchased from the Company shares of its Series A Preferred Stock, par value one-tenth of one cent ($0.001) per share (the “Series A Preferred Stock”), and in
connection therewith entered into a Registration Rights Agreement, dated as of March 6, 2009 (the “Prior Agreement”); 

WHEREAS, the Company desires to sell to certain new Stockholders (collectively, the “Series B Stockholders”)
shares of the Company’s Series B Preferred Stock, par value one-tenth of one cent ($0.001) per share (the “Series B Preferred Stock,” and together with the Series A Preferred Stock and the Series B-1 Preferred Stock, the
“Preferred Stock”) on the terms and conditions set forth in that certain Series B Preferred Stock Purchase Agreement, dated as of June 30, 2012, by and among the Company and the Series B Stockholders (the “Stock
Purchase Agreement”); 
 WHEREAS, in connection with and prior to the consummation of the transactions contemplated
by the Stock Purchase Agreement, the Company has effectuated a recapitalization and entered into a Recapitalization Agreement with each of the holders of the Series A Preferred Stock and Common Stock pursuant to which such stockholders received, in
exchange for all such shares, a mix, determined on an as-converted to Common Stock basis, of 56.90% shares of Series A Preferred Stock and 43.10% shares of the Company’s Series B-1 Preferred Stock, or a mix, determined on an as-converted to
Common Stock basis, of 56.90% shares of Common Stock and 43.10% shares of Series B-1 Preferred Stock, respectively; 

WHEREAS, pursuant to the Stock Purchase Agreement, the Company has initiated a self tender offer with respect to its
outstanding shares of capital stock such that each stockholder of the Company was entitled to tender up to a number of shares equal to 43.10% of the shares of the Company’s outstanding capital stock owned of record by such holder plus shares of
Common Stock underlying vested options held by such holder, at a repurchase price of $75.44 per share for an aggregate purchase price of up to approximately $116,000,000, from the purchase price received by the Company pursuant to the Stock Purchase
Agreement; 
 WHEREAS, contemporaneous with the consummation of the transactions contemplated by the Stock Purchase
Agreement, the Company will repurchase from certain existing holders of Series A Preferred Stock, Series B-1 Preferred Stock and Common Stock an aggregate of not less than 1,470,720 shares of Series B-1 Preferred Stock and 2,857 shares of Series A
Preferred Stock and/or Common Stock at a purchase price of $75.44 per share, from the purchase price received by the Company pursuant to the Stock Purchase Agreement (the “Repurchase Transaction”); 

  
 1. 

 WHEREAS, as an inducement to the Series B Stockholders to execute the Stock
Purchase Agreement and acquire the Series B Preferred Stock, and as an inducement to the Company to enter into and consummate the Repurchase Transaction, the undersigned Stockholders who are party to the Prior Agreement and the Company desire to
enter into this Agreement to amend, restate, supersede and replace the rights and obligations described in the Prior Agreement with those set forth herein and to add the Series B Stockholders as Stockholders hereunder; 

WHEREAS, Section 4.7 of the Prior Agreement provides that any term of the Prior Agreement may be amended and the
observance of any term of the Prior Agreement may be waived (either generally or in a particular instance and either retroactively or prospectively), with the written consent of the Company, the holders of more than fifty percent (50%) of the
Series A Preferred Stock then outstanding and each Eligible Stockholder; and 
 WHEREAS, the Stockholders and the Company
desire to establish rights of certain Stockholders to cause the Company to register shares of Common Stock issued or issuable to them. 

Now, Therefore, in consideration of the foregoing, and for other good and valuable consideration, the receipt and sufficiency of which are
acknowledged, the parties hereto, intending legally to be bound hereby, amend, restate, supersede and replace the Prior Agreement in its entirety to read as follows: 

1. Definitions. In addition to the terms defined elsewhere in this Agreement, the following terms used in this Agreement shall be
construed to have the meanings set forth or referenced below: 
 1.1 “ABS Capital Partners” means any or all
of ABS Capital Partners V, L.P., ABS Capital Partners V-A, L.P., and ABS Capital Partners V Offshore, L.P. 
 1.2
“Affiliate” means with respect to any individual, corporation, partnership, association, trust, or any other entity (in each case, a “Person”), any other Person which, directly or indirectly, controls, is controlled by or
is under common control with such Person, including any general partner, officer or director of such Person and any venture capital fund now or hereafter existing which is controlled by or under common control with one or more general partners or
shares the same management company with such Person. 
 1.3 “Backbone” means Backbone Partners, LLC. 

1.4 “Board of Directors” means the board of directors of the Company. 

1.5 “Certificate of Incorporation” means the Second Amended and Restated Certificate of Incorporation of the Company,
as amended from time to time. 
 1.6 “Common Stock” means the issued and outstanding common stock of the Company, par
value one cent ($0.01) per share. 
 1.7 “Egis” means Egis Security Fund, LP. 

1.8 “Eligible Stockholder” means any Person owning or having the right to acquire five percent (5%) or more of the
Registrable Securities. 

  
 2. 

 1.9 “Exchange Act” means the Securities Exchange Act of 1934, as amended,
and the rules and regulations promulgated thereunder. 
 1.10 “Form S-3” means such form under the Securities Act as
in effect on the date hereof or any registration form under the Securities Act subsequently adopted by the SEC that permits inclusion or incorporation of substantial information by reference to other documents filed by the Company with the SEC. 

1.11 “Immediate Family Member” means in the case of a Stockholder that is a natural person, siblings, lineal
antecedents or descendents, children, grandchildren, spouse or any other relatives (provided that such other relatives are approved by the Board of Directors), or any custodian or trustee for the account of a Stockholder or a
Stockholder’s siblings, lineal antecedents or descendents, children, grandchildren, spouse or any other relatives (provided such other relatives are approved by the Board of Directors). 

1.12 “Initiating Stockholders” means, collectively, any Stockholders who properly initiate a registration request under
this Agreement. 
 1.13 “IPO” means the Company’s first firm commitment underwritten public offering of its
Common Stock registered under the Securities Act. 
 1.14 “register,” “registered,” and
“registration” means and refers to a registration effected by preparing and filing with the SEC a registration statement or similar document in compliance with the Securities Act, and the declaration or ordering of effectiveness of
such registration statement or document. 
 1.15 “Registrable Securities” means (i) the Common Stock issuable or
issued upon conversion of the Preferred Stock; (ii) any Common Stock held by a Stockholder party hereto; and (iii) any Common Stock issued as (or issuable upon the conversion or exercise of any warrant, right or other security which is
issued as) a dividend or other distribution with respect to, or in exchange for or in replacement of the shares referenced in clause (i) or (ii) above or this clause (iii), excluding in all cases, however, any Registrable Securities sold
by a Person in a transaction in which his, her or its rights under Section 2 are not assigned or any shares for which registration rights have terminated pursuant to Section 2.15. 

1.16 “Registrable Securities then outstanding” means the number of shares determined by adding the number of shares of
Common Stock outstanding which are, and the number of shares of Common Stock issuable pursuant to then exercisable or convertible securities which are, Registrable Securities. 

1.17 “SEC” means the Securities and Exchange Commission. 

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

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

  
 3. 

 1.20 “SEC Rule 405” means Rule 405 promulgated by the SEC under the
Securities Act. 
 1.21 “Securities Act” means the Securities Act of 1933, as amended, and the rules and regulations
promulgated thereunder. 
 1.22 “Series B-1 Preferred Stock” means the issued and outstanding Series B-1 Preferred
Stock of the Company, par value one-tenth of one cent ($0.001) per share. 
 1.23 “Sherwood” means David B. Sherwood,
Jr. 
 1.24 “Stockholders Agreement” means that certain Amended and Restated Stockholders Agreement, by and among the
Company and the stockholders party thereto, dated on or around the date hereof, as may be amended from time to time. 
 1.25
“TCV” means any or all of TCV VII, L.P., TCV VII (A), L.P., and TCV Member Fund, L.P. 
 1.26
“Violation” means losses, claims, damages, or liabilities (joint or several) to which a party hereto or any other Person who may be indemnified pursuant to Section 2.9 may become subject under the Securities Act, the
Exchange Act, or any state securities law, or any rule or regulation promulgated under the Securities Act, the Exchange Act or any state securities law, insofar as such losses, claims, damages, or liabilities (or actions in respect thereof) arise
out of or are based upon any of the following statements, omissions or violations: (i) any untrue statement or alleged untrue statement of a material fact contained in such registration statement (including any preliminary prospectus, final
prospectus or Free Writing Prospectus contained therein or any amendments or supplements thereto) or any issuer information (as defined in Rule 433 of the Securities Act) filed or required to be filed pursuant to Rule 433(d) under the Securities Act
or any other document incident to such registration prepared by or on behalf of the Company or used or referred to by the Company, (ii) the omission or alleged omission to state therein a material fact required to be stated therein, or
necessary to make the statements therein not misleading, or (iii) any violation or alleged violation by any other party hereto, of the Securities Act, the Exchange Act, any state securities law or any rule or regulation promulgated under the
Securities Act, the Exchange Act or any state securities law. 
 1.27 The following terms are defined in the Section of this Agreement
opposite such terms: 
  

			
	Agreement	  	Preamble
	Alarm.com	  	Recitals
	Automatic Shelf Registration Statement	  	2.3.13
	Company	  	Preamble
	Deemed Liquidation Event	  	2.15
	Free Writing Prospectus	  	2.3.3
	Person	  	1.2
	Preferred Stock	  	Recitals
	Prior Agreement	  	Recitals
	Repurchase Transaction	  	Recitals

  
 4. 

			
	 Series A Preferred. Stock
	  	Recitals
	 Series B Preferred Stock
	  	Recitals
	 Series B Stockholders
	  	Recitals
	 Stock Purchase Agreement
	  	Recitals
	 Stockholders
	  	Preamble
	 TCV Majority
	  	4.7
	 WKSI
	  	2.3.13

 2. Registration Rights. The Company covenants as follows: 

2.1 Demand Registration. 

2.1.1 If the Company shall receive at any time after one hundred eighty (180) days following the effective date of the first
registration statement for a public offering of securities of the Company (other than a registration statement relating to the sale of securities to employees of the Company pursuant to a stock option, stock purchase or similar plan or a
registration statement relating to a SEC Rule 145 transaction ) a written request from an Eligible Stockholder that the Company file a registration statement under the Securities Act covering the registration of at least five percent (5%) of
the Registrable Securities then outstanding, or a lesser percent if the anticipated aggregate offering price, net of underwriting discounts and commissions, would exceed fifteen million dollars ($15,000,000), then the Company shall: (i) within
ten (10) days of the receipt thereof, give written notice of such request to all Stockholders; (ii) as soon as practicable, and in any event within ninety (90) days of the receipt of such request, file a registration statement under
the Securities Act covering all Registrable Securities which the Stockholders (including Stockholders other than the Initiating Stockholders) request to be registered within twenty (20) days of the mailing of such notice by the Company in
accordance with Section 4.6; and (iii) use its reasonable best efforts to cause such registration statement to be declared effective by the SEC as soon as practicable but in no event later than one hundred twenty (120) days
after such request. 
 2.1.2 If the Initiating Stockholders intend to sell the Registrable Securities covered by their request by
means of an underwriting, they shall so advise the Company as a part of their request made pursuant to Section 2.1.1 and the Company shall include such information in the written notice referred to in Section 2.1.1(i). The
managing underwriter will be reasonably selected by the Board of Directors (which managing underwriter or underwriters shall be reasonably acceptable to a majority of the Registrable Securities to be registered by the Initiating Stockholders). In
such event, the right of any Stockholder to include such Stockholder’s Registrable Securities in such registration shall be conditioned upon such Stockholder’s participation in such underwriting and the inclusion of such Stockholder’s
Registrable Securities in the underwriting to the extent provided herein. All Stockholders proposing to distribute their securities through such underwriting shall (together with the Company as provided in Section 2.3.5) enter into an
underwriting agreement in customary form with the underwriter or underwriters selected for such underwriting. Notwithstanding any other provision of this Section 2.1, if the managing underwriter advises Company in writing that marketing
factors require a limitation of the number of shares to be underwritten, then Company shall so advise all Stockholders of Registrable Securities which would otherwise be underwritten pursuant hereto, and the number of shares of Registrable
Securities that may be included in the 

  
 5. 

 
underwriting shall be allocated among all Stockholders of Registrable Securities, including the Initiating Stockholders, in proportion (as nearly as practicable) to the number of Registrable
Securities of the Company owned by each Stockholder; provided, however, that the number of shares of Registrable Securities held by the Stockholders to be included in such underwriting shall not be reduced unless all other securities are
first entirely excluded from the underwriting. Any Registrable Securities excluded or withdrawn from such underwriting shall be withdrawn from the registration. To facilitate the allocation of shares in accordance with the provisions of this
Section 2.1.2, the Company or the underwriters may round the number of shares allocated to any Stockholder to the nearest one hundred (100) shares. 

2.1.3 The Company shall not be obligated to effect, or to take any action to effect, any registration: 

2.1.3.1 pursuant to this Section 2.1: 

2.1.3.1.1 In any particular jurisdiction in which the Company would be required to execute a general consent to service of process in
effecting such registration, unless the Company is already subject to service in such jurisdiction and except as may be required under the Securities Act; 

2.1.3.1.2 In the case of a registration request by ABS Capital Partners, after the Company has effected three (3) registrations
requested by ABS Capital Partners pursuant to this Section 2.1 and such registrations have been declared or ordered effective and remained effective until ABS Capital Partners or the Stockholders have completed the distribution related
thereto; 
 2.1.3.1.3 In the case of a registration request by TCV, after the Company has effected three (3) registrations
requested by TCV pursuant to this Section 2.1 and such registrations have been declared or ordered effective and remained effective until TCV or the Stockholders have completed the distribution related thereto; 

2.1.3.1.4 In the case of a registration request by an Eligible Stockholder, other than ABS Capital Partners or TCV, after the Company
has effected one (1) registration requested by such Eligible Stockholder pursuant to this Section 2.1 and such registration has been declared or ordered effective and remained effective until the Stockholder or Stockholders have
completed the distribution related thereto; 
 2.1.3.1.5 In the case of Stockholders other than ABS Capital Partners, TCV and an
Eligible Stockholder, the Company shall not be obligated to effect any registration pursuant to this Section 2.1; 

2.1.3.1.6 If the Initiating Stockholders propose to dispose of shares of Registrable Securities that may be immediately registered on
Form S-3 pursuant to a request made pursuant to Section 2.11; 
 2.1.3.1.7 If the Registrable Securities to be included
in the registration statement could be sold without any volume or manner of sale restriction under SEC Rule 144 (it being understood that for purposes of determining eligibility for resale under this provision, no securities held by any Stockholder
shall be considered salable without restriction under SEC Rule 144 to the extent such Stockholder reasonably determines that it is an Affiliate of the Company); or 

  
 6. 

 2.1.3.1.8 If, within thirty (30) days of receipt of a written request pursuant to
Section 2.1.1, the Company gives notice to the Stockholders of the Company’s intention to make a public offering within ninety (90) days following receipt of such written request and the Company continues diligently to pursue
such an offering, provided that such right shall be exercised by the Company not more than once in any twelve (12)-month period and provided, further, that the Company shall not register any securities for the account of itself
(other than the securities to be registered in such offering) or any other stockholder during such ninety (90) day period (other than a registration statement relating either to the sale of securities to employees of the Company pursuant to a
stock option, stock purchase or similar plan or a SEC Rule 145 transaction, a registration on any form that does not include substantially the same information as would be required to be included in a registration statement covering the sale of the
Registrable Securities, or a registration in which the only Common Stock being registered is Common Stock issuable upon conversion of debt securities that are also being registered); or 

2.1.3.2 pursuant to any other provision of this Agreement (other than pursuant to Section 2.11): 

2.1.3.2.1 In any particular jurisdiction in which the Company would be required to execute a general consent to service of process in
effecting such registration, unless the Company is already subject to service in such jurisdiction and except as may be required under the Securities Act; or 

2.1.3.2.2 If the Registrable Securities to be included in the registration statement could be sold without any volume or manner of sale
restriction under SEC Rule 144 (it being understood that for purposes of determining eligibility for resale under this provision, no securities held by any Stockholder shall be considered salable without restriction under SEC Rule 144 to the extent
such Stockholder reasonably determines that it is an Affiliate of the Company). 
 2.1.4 Notwithstanding the foregoing, if the
Company shall furnish to Stockholders requesting a registration statement pursuant to this Section 2.1 a certificate signed by the Chief Executive Officer of the Company stating that in the good faith reasonable judgment of the Board of
Directors it would be materially detrimental to the Company and its stockholders for such registration statement to become effective or to remain effective as long as such registration statement would otherwise be required to remain effective
because such action (x) would materially interfere with a significant acquisition, corporate reorganization or other similar transaction involving the Company, (y) would require premature disclosure of material information that the Company
has a bona fide business purpose for preserving as confidential or (z) would render the Company unable to comply with requirements under the Securities Act or Exchange Act, the Company shall have the right to defer taking action with respect to
such filing for a period of not more than ninety (90) days after receipt of the request of the Initiating Stockholders; provided, however, that the Company may not utilize this right more than once in

  
 7. 

 
any twelve (12) month period; and, provided, further, that the Company shall not register any securities for the account of itself or any other stockholder during such ninety
(90) day period other than a registration statement relating either to the sale of securities to employees of the Company pursuant to a stock option, stock purchase or similar plan or a SEC Rule 145 transaction, a registration on any form that
does not include substantially the same information as would be required to be included in a registration statement covering the sale of the Registrable Securities, or a registration in which the only Common Stock being registered is Common Stock
issuable upon conversion of debt securities that are also being registered. 
 2.1.5 A registration shall not be counted as
“effected” under Section 2.1.3 until such time as the applicable registration statement has been declared effective by the SEC (unless the Initiating Stockholders withdraw their request for such registration (except as a result
of information concerning the business or financial condition of the Company which is made known to the Initiating Stockholders after the date on which such registration was requested) and elect not to pay the registration expenses therefor pursuant
to Section 2.5). A registration shall not be counted as “effected” under Section 2.1.3 if, as a result of an exercise of the underwriter’s cut-back provisions, fewer than forty percent (40%) of the total
number of Registrable Securities that Stockholders have requested to be included in such registration statement are actually included. 

2.2 Company Registration. If the Company proposes to register (including for this purpose a registration effected by the Company
for stockholders other than the Stockholders) any of its stock or other securities under the Securities Act in connection with the public offering of such securities (other than (i) a registration made pursuant to Section 2.1 or
Section 2.11 or (ii) a registration statement relating either to the sale of securities to employees of the Company pursuant to a stock option, stock purchase or similar plan or a SEC Rule 145 transaction, a registration on any form
that does not include substantially the same information as would be required to be included in a registration statement covering the sale of the Registrable Securities or a registration in which the only Common Stock being registered is Common
Stock issuable upon conversion of debt securities that are also being registered), the Company shall, at such time, promptly give each Stockholder written notice of such registration. Upon the written request of each Stockholder given within twenty
(20) days after mailing of such notice by the Company in accordance with Section 4.6, the Company shall, subject to the provisions of Section 2.7, cause to be registered under the Securities Act all of the Registrable
Securities that each such Stockholder has requested to be registered. The Company shall have the right to terminate or withdraw any registration initiated by it under this Section 2.2 prior to the effectiveness of such registration
whether or not any Stockholder has elected to include securities in such registration. The expenses of such withdrawn registration shall be borne by the Company in accordance with Section 2.6. 

2.3 Obligations of the Company. 

Whenever required under this Section 2, including Section 2.1 or Section 2.11, to effect the registration
and sale of any Registrable Securities, the Company shall, as expeditiously as reasonably possible: 

  
 8. 

 2.3.1 prepare and file with the SEC a registration statement with respect to such
Registrable Securities and use its reasonable best efforts to cause such registration statement to become effective, and, upon the request of the Stockholders of a majority of the Registrable Securities registered thereunder, keep such registration
statement effective for a period of up to one hundred twenty (120) days or, if earlier, until the distribution contemplated in the Registration Statement has been completed; provided, however, that (i) such 120-day period
shall be extended for a period of time equal to the period any Stockholder refrains from selling any securities included in such registration at the request of an underwriter of Common Stock (or other securities) of the Company; and (ii) in the
case of any registration of Registrable Securities on Form S-3 which are intended to be offered on a continuous or delayed basis, subject to compliance with applicable SEC rules, including any Automatic Shelf Registration Statement, the Company
shall use its best efforts to cause such registration statement to be continuously effective and usable until all such Registrable Securities are sold; 

2.3.2 prepare and file with the SEC such amendments and supplements to such registration statement and the prospectus used in
connection with such registration statement as may be necessary to comply with the provisions of the Securities Act with respect to the disposition of all securities covered by such registration statement or as otherwise reasonably requested by the
Stockholders covered by such registration statement; 
 2.3.3 furnish to the Stockholders such numbers of copies of a prospectus,
including a preliminary prospectus and any free-writing prospectus, as defined in Rule 405 (a “Free Writing Prospectus”), in conformity with the requirements of the Securities Act, and such other documents as they may reasonably
request in order to facilitate the disposition of Registrable Securities owned by them; 
 2.3.4 use its reasonable best efforts to
register and qualify the securities covered by such registration statement under such other securities or Blue Sky laws of such jurisdictions as shall be reasonably requested by the Stockholders; provided that the Company shall not be
required in connection therewith or as a condition thereto to qualify to do business or to file a general consent to service of process in any such states or jurisdictions, unless the Company is already subject to service in such jurisdiction and
except as may be required by the Securities Act; 
 2.3.5 in the event of any underwritten public offering, including an offering
pursuant to a registration statement on Form S-3, enter into and perform its obligations under an underwriting agreement, in usual and customary form, with the managing underwriter of such offering (each Stockholder participating in such
underwriting shall also enter into and perform its obligations under such an agreement), and cause its appropriate officers to attend and participate in presentations to and meetings with prospective purchasers of the Registrable Securities, or a
“roadshow”, as reasonably requested by the underwriters, if any, or the Initiating Stockholders; 
 2.3.6 notify each
Stockholder holding Registrable Securities covered by such registration statement at any time when a prospectus or Free Writing Prospectus (to the extent prepared by or on behalf of the Company) relating thereto is required to be delivered under the
Securities Act of the happening of any event as a result of which the prospectus 

  
 9. 

 
included in such registration statement, as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make
the statements therein not misleading in the light of the circumstances then existing, and, at the request of any such Stockholder, the Company will, as soon as reasonably practicable, file and furnish to all such Stockholders a supplement or
amendment to such prospectus or Free Writing Prospectus (to the extent prepared by or on behalf of the Company) so that, as thereafter delivered to the purchasers of such Registrable Securities, such prospectus will not contain an untrue statement
of a material fact or omit to state any fact necessary to make the statements therein not misleading in light of the circumstances under which they were made; 

2.3.7 cause all such Registrable Securities registered pursuant to this Agreement to be listed on a national securities exchange or
trading system and each securities exchange and trading system on which similar securities issued by the Company are then listed; 

2.3.8 provide a transfer agent and registrar for all Registrable Securities registered pursuant hereunder and a CUSIP number for all
such Registrable Securities, in each case not later than the effective date of such registration; 
 2.3.9 take all reasonable
actions to ensure that any prospectus or Free Writing Prospectus utilized in connection with any registration effected pursuant to this Agreement complies in all material respects with the Securities Act, is filed in accordance with the Securities
Act to the extent required thereby, is retained in accordance with the Securities Act to the extent required thereby and, when taken together with the related prospectus, will not contain any untrue statement of a material fact or omit to state a
material fact necessary to make the statements therein, in light of the circumstances under which they were made, not misleading; 

2.3.10 use all reasonable efforts to prevent the issuance of any stop order suspending the effectiveness of a registration statement,
or of any order suspending or preventing the use of any related prospectus or suspending the qualification of any securities included in such registration statement for sale in any jurisdiction, and, in the event of such issuance, the Company shall
immediately notify the Stockholders holding Registrable Securities covered by such registration statement of the receipt by the Company of such notification and shall use all reasonable efforts promptly to obtain the withdrawal of such order, and,
in the event of the withdrawal of such order, the Company shall immediately notify such Stockholders thereof; 
 2.3.11 use its
commercially reasonable efforts to obtain one or more “cold comfort” letters, dated the effective date of the related registration statement (and, if such registration includes an underwritten public offering, dated the date of the closing
under the underwriting agreement), signed by the Company’s independent public accountants in customary form and covering such matters of the type customarily covered by “cold comfort” letters as the Stockholders holding a majority of
the Registrable Securities being sold reasonably request; 
 2.3.12 use its commercially reasonable efforts to provide, at the
request of any Stockholder participating in such registration, on the date such securities are delivered to the underwriters for sale pursuant to such registration or, if such securities are not being sold through underwriters, on the date the
registration statement with respect to such securities becomes 

  
 10. 

 
effective, a legal opinion of the Company’s outside counsel, dated the effective date of such registration statement (and, if such registration includes an underwritten public offering,
dated the date of the closing under the underwriting agreement), with respect to the registration statement, each amendment and supplement thereto, the prospectus included therein (including the preliminary prospectus) and such other documents
relating thereto in customary form and covering such matters of the type customarily covered by legal opinions of such nature; 
 2.3.13
to the extent the Company is a well-known seasoned issuer (as defined in Rule 405) (a “WKSI”) at the time any request for registration is submitted to the Company in accordance with Section 2.11, (i) if so
requested, file an automatic shelf registration statement (as defined in Rule 405) (an “Automatic Shelf Registration Statement”) to effect such registration, and (ii) remain a WKSI (and not become an ineligible issuer (as
defined in Rule 405)) during the period during which such Automatic Shelf Registration Statement is required to remain effective in accordance with this Agreement; 

2.3.14 if at any time when the Company is required to re-evaluate its WKSI status for purposes of an Automatic Shelf Registration
Statement used to effect a request for registration in accordance with Section 2.11 (i) the Company determines that it is not a WKSI, (ii) the registration statement is required to be kept effective in accordance with this
Agreement and (iii) the registration rights of the applicable Stockholders have not terminated, promptly amend the registration statement onto a form the Company is then eligible to use or file a new registration statement on such form, and
keep such registration statement effective in accordance with the requirements otherwise applicable under this Agreement; and 

2.3.15 if (A) a registration made pursuant to a registration statement on Form S-3 is required to be kept effective in accordance
with this Agreement after the third anniversary of the initial effective date of the shelf registration statement and (B) the registration rights of the applicable Stockholders have not terminated, file a new registration statement on Form S-3
with the SEC with respect to any unsold Registrable Securities subject to the original request for registration and cause such registration statement to become effective prior to the end of the three (3) year period after the initial effective
date of the shelf registration statement, and keep such registration statement effective in accordance with the requirements otherwise applicable to the initial registration statement on Form S-3 under this Agreement. 

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

2.5 Expenses of Demand Registration. All expenses other than underwriting discounts and commissions incurred in connection with
registrations, filings or qualifications pursuant to Section 2.1, including (without limitation) all registration, filing and qualification fees, printers’ and accounting fees, fees and disbursements of counsel for the Company and
the reasonable fees and disbursements actually incurred of one counsel for the selling Stockholders shall be borne by the Company; provided, however, that the Company shall not be required to

  
 11. 

 
pay for any expenses of any registration proceeding begun pursuant to Section 2.1 if the registration request is subsequently withdrawn at the request of the Initiating Stockholders
(in which case all participating Stockholders who request such withdrawal shall bear such expenses pro rata based upon the number of Registrable Securities that were to be included in the withdrawn registration), unless the Initiating Stockholders
agree to forfeit their right to one demand registration pursuant to Section 2.1; provided, further, however, that if at the time of such withdrawal, the Initiating Stockholders have learned of a material
adverse change in general market conditions, the condition, business or prospects of the Company from that known to the Initiating Stockholders at the time of their request and have withdrawn the request with reasonable promptness after learning of
such information, then the Stockholders shall not be required to pay any of such expenses and shall retain their rights pursuant to Section 2.1). 

2.6 Expenses of Company Registration. The Company shall bear and pay all expenses incurred in connection with any registration,
filing or qualification of Registrable Securities with respect to the registrations pursuant to Section 2.2 for each Stockholder (which right may be assigned as provided in Section 2.12), including (without limitation) all
registration, filing, and qualification fees, printers’ and accounting fees relating or apportionable thereto and the reasonable fees and disbursements actually incurred of one counsel for the selling Stockholders selected by them, but
excluding underwriting discounts and commissions relating to Registrable Securities. 
 2.7 Underwriting Requirements. In
connection with any offering involving an underwriting of shares of the Company’s capital stock pursuant to Section 2.2, the Company shall not be required to include any of the Stockholders’ securities in such underwriting
unless they accept the terms of the underwriting as agreed upon between the Company and its underwriters, and then only in such quantity as the underwriters determine in their sole discretion will not jeopardize the success of the offering by the
Company. If the total number of securities, including Registrable Securities, requested by Stockholders to be included in such offering exceeds the amount of securities to be sold other than by the Company that the underwriters determine in their
reasonable discretion is compatible with the success of the offering, then the Company shall be required to include in the offering only that number of such securities, including Registrable Securities, which the underwriters and the Company
determine in their sole discretion will not jeopardize the success of the offering. Unless otherwise permitted pursuant to a consent granted in accordance with Section 2.13, in no event shall any Registrable Securities be excluded from
such offering unless all other stockholders’ securities have been first excluded. In the event that the underwriters determine that less than all of the Registrable Securities requested to be registered can be included in such offering, then
the Registrable Securities that are included in such offering shall be apportioned pro rata among the selling Stockholders based on the number of Registrable Securities held by all selling Stockholders or in such other proportions as shall mutually
be agreed to by all such selling Stockholders. Notwithstanding the foregoing, in no event shall the amount of securities of the selling Stockholders, in the aggregate, included in the offering be reduced below thirty percent (30%) of the total
amount of securities included in such offering, unless such offering is the Company’s IPO, in which case the selling Stockholders may be excluded beyond this amount if the underwriters make the determination described above and no other
stockholder’s securities are included in such offering. For purposes of the preceding sentence in this Section 2.7 concerning apportionment, for any selling Stockholder which is a holder of Registrable Securities and which

  
 12. 

 
is an investment fund, partnership, limited liability company or corporation, the partners, members, retired partners, retired members, stockholders and Affiliates of such Stockholder, or the
estates and family members of any such partners, retired partners, members and retired members and any trusts for the benefit of any of the foregoing Persons shall be deemed to be a single “selling Stockholder”, and any pro-rata reduction
with respect to such “selling Stockholder” shall be based upon the aggregate amount of shares carrying registration rights owned by all entities and individuals included in such “selling Stockholder,” as defined in this sentence.

 2.8 Delay of Registration.  

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

2.9 Indemnification.  

In the event any Registrable Securities are included in a registration statement under this Section 2: 

2.9.1 To the extent permitted by law, the Company will indemnify and hold harmless each Stockholder, the partners, members, officers,
directors and stockholders of each Stockholder, legal counsel and accountants for each Stockholder, any underwriter (as defined in the Securities Act) for such Stockholder and each Person, if any, who controls such Stockholder or underwriter within
the meaning of the Securities Act or the Exchange Act, against any Violation and the Company will pay to each such Stockholder, underwriter, controlling Person or other aforementioned Person, any legal or other expenses reasonably incurred by them
in connection with investigating or defending any such loss, claim, damage, liability, or action as such expenses are incurred; provided, however, that the indemnity agreement contained in this Section 2.9.1 shall not apply
to amounts paid in settlement of any such loss, claim, damage, liability, or action if such settlement is effected without the consent of the Company (which consent shall not be unreasonably withheld), nor shall the Company be liable in any such
case for any such loss, claim, damage, liability, or action to the extent that it arises out of or is based upon a Violation which occurs in reliance upon and in conformity with written information furnished expressly for use in connection with such
registration by any such Stockholder, underwriter, controlling Person or other aforementioned Person. 
 2.9.2 To the extent
permitted by law, each selling Stockholder will severally and not jointly indemnify and hold harmless the Company, each of its directors, each of its officers who has signed the registration statement, each Person, if any, who controls the Company
within the meaning of the Securities Act, legal counsel and accountants for the Company, any underwriter, any other Stockholder selling securities in such registration statement and any controlling Person of any such underwriter or other
Stockholder, against any Violation, in each case to the extent (and only to the extent) that such Violation occurs in reliance upon and in conformity with written information furnished by such Stockholder expressly for use in connection with such
registration; and each such Stockholder will pay, any legal or other expenses reasonably incurred by any Person intended to be indemnified pursuant to 

  
 13. 

 
this Section 2.9.2, in connection with investigating or defending any such loss, claim, damage, liability, or action; provided, however, that the indemnity agreement
contained in this Section 2.9.2 shall not apply to amounts paid in settlement of any such loss, claim, damage, liability or action if such settlement is effected without the consent of the Stockholder, which consent shall not be
unreasonably withheld; provided, further, that, in no event shall any indemnity under this Section 2.9.2 exceed the net proceeds from the offering received by such Stockholder. 

2.9.3 Promptly after receipt by an indemnified party under this Section 2.9 of notice of the commencement of any action
(including any governmental action), such indemnified party will, if a claim in respect thereof is to be made against any indemnifying party under this Section 2.9, deliver to the indemnifying party a written notice of the commencement
thereof and the indemnifying party shall have the right to participate in, and, to the extent the indemnifying party so desires, jointly with any other indemnifying party similarly noticed, to assume the defense thereof with counsel mutually
satisfactory to the parties; provided, however, that an indemnified party (together with all other indemnified parties which may be represented without conflict by one counsel) shall have the right to retain one (1) separate
counsel, with the fees and expenses to be paid by the indemnifying party, if representation of such indemnified party by the counsel retained by the indemnifying party would be inappropriate due to actual or potential differing interests between
such indemnified party and any other party represented by such counsel in such proceeding (as determined by an independent special counsel selected by the Board of Directors). The failure to deliver written notice to the indemnifying party within a
reasonable time of the commencement of any such action, if prejudicial to its ability to defend such action, shall relieve such indemnifying party of liability to the indemnified party under this Section 2.9.3 to the extent of such
prejudice, but the omission to so deliver written notice to the indemnifying party will not relieve it of any liability that it may have to any indemnified party otherwise than under this Section 2.9.3. 

2.9.4 In order to provide for just and equitable contribution to joint liability under the Securities Act in any case in which either
(i) any Stockholder exercising rights under this Agreement, or any controlling Person of any such Stockholder, makes a claim for indemnification pursuant to this Section 2.9 but it is judicially determined (by the entry of a final
judgment or decree by a court of competent jurisdiction and the expiration of time to appeal or the denial of the last right of appeal) that such indemnification may not be enforced in such case notwithstanding the fact that this
Section 2.9 provides for indemnification in such case, or (ii) contribution under the Securities Act may be required on the part of any such selling Stockholder or any such controlling Person in circumstances for which
indemnification is provided under this Section 2.9, then, and in each such case, the Company and such Stockholder will contribute to the aggregate losses, claims, damages or liabilities to which they may be subject (after contribution
from others) in such proportion as is appropriate to reflect the relative fault of the indemnifying party on the one hand and of the indemnified party on the other in connection with the statements or omissions that resulted in such loss, liability,
claim, damage, or expense as well as any other relevant equitable considerations. The relative fault of the indemnifying party and of the indemnified party shall be determined by reference to, among other things, whether the untrue or alleged untrue
statement of a material fact or the omission or alleged omission to state a material fact relates to information supplied by the indemnifying party or by the indemnified party and the parties’ relative intent, knowledge, access to information,
and opportunity to correct or prevent such statement or omission; provided, however, that, in any such case, (x) no 

  
 14. 

 
such Stockholder will be required to contribute any amount in excess of the public offering price of all such Registrable Securities offered and sold by such Stockholder pursuant to such
registration statement, and (y) no Person or entity guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) will be entitled to contribution from any Person or entity who was not guilty of such
fraudulent misrepresentation; provided, further, that in no event shall a Stockholder’s liability pursuant to this Section 2.9.4, when combined with the amounts paid or payable by such Stockholder pursuant to
Section 2.9.2, exceed the proceeds from the offering (net of any underwriting discounts or commissions) received by such Stockholder. 

2.9.5 Unless otherwise superseded by an underwriting agreement entered into in connection with the underwritten public offering, the
obligations of the Company and Stockholders under this Section 2.9 shall survive the completion of any offering of Registrable Securities in a registration statement under this Section 2, and otherwise and shall survive the
termination of this Agreement. 
 2.10 Reports Under Exchange Act.  

With a view to making available to the Stockholders the benefits of SEC Rule 144 promulgated under the Securities Act and any other rule or
regulation of the SEC that may at any time permit a Stockholder to sell securities of the Company to the public without registration or pursuant to a registration on Form S-3, the Company shall: 

2.10.1 make and keep public information available, as those terms are understood and defined in SEC Rule 144, at all times after the
effective date of the first registration statement filed by the Company for the offering of its securities to the general public so long as the Company is subject to the periodic reporting requirements under Sections 13 or 15(d) of the Exchange Act;

 2.10.2 file with the SEC in a timely manner all reports and other documents required of the Company under the Securities Act and
the Exchange Act; and 
 2.10.3 furnish to any Stockholder, so long as the Stockholder owns any Registrable Securities, forthwith
upon request (i) a written statement by the Company that it has complied with the reporting requirements of SEC Rule 144, the Securities Act and the Exchange Act (at any time after it has become subject to such reporting requirements), or that
it qualifies as a registrant whose securities may be resold pursuant to Form S-3 (at any time after it so qualifies), (ii) a copy of the most recent annual or quarterly report of the Company and such other reports and documents so filed by the
Company, and (iii) such other information as may be reasonably requested in availing any Stockholder of any rule or regulation of the SEC which permits the selling of any such securities without registration or pursuant to such form. 

2.11 Form S-3 Registration.  

2.11.1 In case the Company shall receive from an Eligible Stockholder a written request or requests that the Company effect a
registration on Form S-3 and any related qualification or compliance with respect to all or a part of the Registrable Securities owned by such Stockholder or Stockholders, the Company shall: 

  
 15. 

 (a) promptly give written notice of the proposed registration, and any related
qualification or compliance, to all other Stockholders; and 
 (b) as soon as practicable, effect such registration and all such
qualifications and compliances as may be so requested and as would permit or facilitate the sale and distribution of all or such portion of such Stockholder’s or Stockholders’ Registrable Securities as are specified in such request,
together with all or such portion of the Registrable Securities of any other Stockholder or Stockholders joining in such request as are specified in a written request given within fifteen (15) days after receipt of such written notice from the
Company; provided, however, that the Company shall not be obligated to effect any such registration, qualification or compliance, pursuant to this Section 2.11: (i) if Form S-3 is not then available for such offering
by the Stockholders; (ii) if the Stockholders, together with the holders of any other securities of the Company entitled to inclusion in such registration, propose to sell Registrable Securities and such other securities (if any) at an
aggregate price to the public (net of any underwriters’ discounts or commissions) of less than fifteen million dollars ($15,000,000); (iii) if the Company shall furnish to the Stockholders a certificate signed by the Chief Executive
Officer of the Company stating that in the good faith judgment of the Board of Directors, it would be materially detrimental to the Company and its stockholders for such Form S-3 Registration to be effected at such time, in which event the Company
shall have the right to defer the filing of the Form S-3 registration statement for a period of not more than sixty (60) days after receipt of the request of the Stockholder or Stockholders under this Section 2.11; provided,
however, that the Company shall not utilize this right more than once in any twelve (12) month period; provided, further, that the Company shall not register any securities for the account of itself or any other stockholder
during such sixty (60) day period (other than a registration relating solely to the sale of securities of participants in a Company stock plan, a registration relating to a corporate reorganization or transaction under Rule 145 of the
Securities Act, a registration on any form that does not include substantially the same information as would be required to be included in a registration statement covering the sale of the Registrable Securities, or a registration in which the only
Common Stock being registered is Common Stock issuable upon conversion of debt securities that are also being registered); (iv) if the Company has, within the twelve (12) month period preceding the date of such request, already effected
two (2) registrations on Form S-3 for the Stockholders pursuant to this Section 2.11; (v) in any particular jurisdiction in which the Company would be required to qualify to do business or to execute a general consent to
service of process in effecting such registration, qualification or compliance; or (vi) during the period ending ninety (90) days after the effective date of a registration statement subject to Section 2.2. 

2.11.2 Subject to the foregoing, the Company shall file a registration statement on Form S-3 covering the sale or distribution from
time to time by the Initiating Stockholders and any other Stockholders participating in such registration, on a delayed or continuous basis pursuant to Rule 415 of the Securities Act, including without limitation, by way of underwritten offering,
block sale or other distribution plan designated by the Initiating Holders, of the Registrable Securities so requested to be registered as soon as practicable after receipt of the request or requests of the Stockholders, and shall use its reasonable
best efforts to cause such registration statement to be declared effective by the SEC as promptly as possible after the filing thereof, and cause such registration statement to be continuously effective and usable in accordance with
Section 2.3.1(ii). If any registration statement on Form S-3 ceases to 

  
 16. 

 
be effective under the Securities Act for any reason at any time until all Registrable Securities covered thereby have been sold, the Company shall use its commercially reasonable efforts to
promptly cause such registration statement to again become effective under the Securities Act (including obtaining the prompt withdrawal of any order suspending the effectiveness of such registration statement), and in any event shall within 30 days
of such cessation of effectiveness, amend such registration statement in a manner reasonably expected to obtain the withdrawal of any order suspending the effectiveness of such registration statement or, file an additional registration statement for
an offering to be made on a delayed or continuous basis pursuant to Rule 415 of the Securities Act registering the resale from time to time by the applicable Stockholders thereof of all securities subject to such initial registration statement on
Form S-3 as of the time of such filing. Any such subsequent registration statement shall also be on Form S-3 to the extent that the Company is eligible to use such form. All expenses incurred in connection with a registration requested pursuant to
Section 2.11, including (without limitation) all registration, filing, qualification, printers’ and accounting fees and the reasonable fees and disbursements of one counsel for the selling Stockholder or Stockholders and counsel for
the Company, but excluding any underwriters’ discounts or commissions associated with Registrable Securities, shall be borne by the Company. Registrations effected pursuant to this Section 2.11 shall not be counted as demands for
registration or registrations effected pursuant to Section 2.1. 
 2.11.3 If a Person becomes a Stockholder of
Registrable Securities registered pursuant to a registration statement filed pursuant to this Section 2.11 after such registration statement becomes effective, the Company shall, as promptly as is reasonably practicable following
delivery of written notice to the Company of such Person becoming a Stockholder and requesting for its name to be included as a selling securityholder in the prospectus related to such registration statement, and in any event within 15 days after
such date: 
 (a) if required and permitted by applicable law, file with the SEC a supplement to the related prospectus or a
post-effective amendment to such registration statement and any necessary supplement or amendment to any document incorporated therein by reference and file any other required document with the SEC so that such Stockholder is named as a selling
securityholder in such registration statement and the related prospectus in such a manner as to permit such Stockholder to deliver a prospectus to purchasers of Registrable Securities in accordance with applicable law; provided,
however, that if a post-effective amendment is required by the rules and regulations of the SEC in order to permit resales by such Stockholder, the Company shall not be required to file more than one post-effective amendment or a supplement
to the related prospectus for such purpose in any 45-day period; 
 (b) if, pursuant to Section 2.11.3(a), the Company
shall have filed a post-effective amendment to such registration statement, use its reasonable best efforts to cause such post-effective amendment to become effective under the Securities Act as promptly as is reasonably practicable, but in any
event by the date that is 60 days after the date such post-effective amendment is required to be filed; and 
 (c) notify such
Stockholder as promptly as is reasonably practicable after the effectiveness under the Securities Act of any post-effective amendment filed pursuant to clause (a) above. 

  
 17. 

 2.11.4 If, following the effectiveness of a registration statement filed pursuant to this
Section 2.11, the Initiating Stockholders intend to distribute Registrable Securities covered by a registration effected pursuant to this Section 2.11 by means of an underwriting, they shall so advise the Company and the
provisions of Section 2.1.2 (other than the first sentence and with the substitution of Section 2.11 for references to Section 2.1) and Section 2.3 shall be applicable. 

2.11.5 In the event any Stockholder requests to participate in a registration statement pursuant to this Section 2.11 in
connection with a distribution of Registrable Securities to its partners or members, such registration statement shall in the event such distribution and subsequent resale is permitted by applicable law provide for resale by such partners or
members, if requested by such Stockholder. 
 2.12 Assignment of Registration Rights. 

The rights to cause the Company to register Registrable Securities pursuant to this Section 2 may be assigned (but only with all
related obligations) by a Stockholder to a transferee or assignee of such securities that (i) is a subsidiary, Affiliate, parent, partner, member, limited partner, retired partner, retired member or stockholder of, or venture capital or private
equity fund under common investment management with, such Stockholder, (ii) is such Stockholder’s Immediate Family Member or trust for the benefit of an individual Stockholder, or (iii) after such assignment or transfer, holds at
least five percent (5%) of the shares of Registrable Securities then outstanding; provided: (a) the Company is, within a reasonable time after such transfer, furnished with written notice of the name and address of such transferee
or assignee and the securities with respect to which such registration rights are being assigned; (b) such transferee or assignee agrees in writing to be bound by and subject to the terms and conditions of this Agreement, including without
limitation the provisions of Section 2.14; and (c) such assignment shall be effective only if immediately following such transfer the further disposition of such securities by the transferee or assignee is restricted under the
Securities Act. 
 2.13 Limitations on Subsequent Registration Rights.  

Except as set forth below, from and after the date of this Agreement, the Company shall not, without the prior written consent of the
Stockholders owning (i) more than fifty percent (50%) of the Registrable Securities that are issued or issuable as a result of conversion of the Series A Preferred Stock, and (ii) more than fifty percent (50%) of the Registrable
Securities that are issued or issuable as a result of conversion of the Series B Preferred Stock, enter into any agreement with any holder or prospective holder of any securities of the Company which would allow such holder or prospective holder
(a) to include such securities in any registration unless, under the terms of such agreement, such holder or prospective holder may include such securities in any such registration only to the extent that the inclusion of such securities will
not reduce the amount of the Registrable Securities of the Stockholders that are included in such registration, or (b) to demand registration of any securities held by such holder or prospective holder. 

  
 18. 

 2.14 “Market Stand Off” Agreement.  

No Stockholder shall, without the prior written consent of the managing underwriter, during the period commencing on the date of the final
prospectus relating to the Company’s IPO and ending on the date specified by the Company and the managing underwriter (such period not to exceed, subject to the final sentence of this Section, one hundred eighty (180) days) (i) lend,
offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, or otherwise transfer or dispose of, directly or indirectly, any shares of
Common Stock or any securities convertible into or exercisable or exchangeable for Common Stock held immediately prior to the effectiveness of the Registration Statement for such offering, or (ii) enter into any swap or other arrangement that
transfers to another, in whole or in part, any of the economic consequences of ownership of the Common Stock, whether any such transaction described in clause (i) or (ii) above is to be settled by delivery of Common Stock or other
securities, in cash or otherwise. The foregoing provisions of this Section 2.14 shall apply only to the Company’s IPO, shall not apply to the sale of any shares to an underwriter pursuant to an underwriting agreement or shares
purchased in the Company’s IPO or on the open market thereafter, and shall only be applicable to the Stockholders if all officers, directors and greater than one percent (1%) stockholders of the Company enter into similar agreements. The
managing underwriters in connection with the Company’s IPO are intended third party beneficiaries of this Section 2.14 and shall have the right, power and authority to enforce the provisions hereof as though they were a party
hereto. Each Stockholder shall execute such agreements as may be reasonably requested by the managing underwriters in the Company’s IPO that are consistent with this Section 2.14 or that are necessary to give further effect thereto.
Any discretionary waiver or termination of the restrictions of any or all of such agreements by the Company or the managing underwriters shall apply to all Stockholders subject to such agreements pro rata based on the number of shares subject to
such agreements. 
 In order to enforce the foregoing covenant, the Company may impose stop transfer instructions with respect to the
Registrable Securities of each Stockholder (and the shares or securities of every other Person subject to the foregoing restriction) until the end of such period. Notwithstanding the foregoing, if (x) during the last seventeen (17) days of
the one hundred eighty (180)-day restricted period (or any shorter period, if applicable), the Company issues an earnings release or material news or a material event relating to the Company occurs; or (y) prior to the expiration of the one
hundred eighty (180)-day restricted period (or any shorter period, if applicable), the Company announces that it will release earnings results during the sixteen (16)-day period beginning on the last day of the one hundred eighty (180)-day period
(or any shorter period, if applicable), the restrictions imposed by this Section 2.14 shall continue to apply until the expiration of the eighteen (18)-day period beginning on the issuance of the earnings release or the occurrence of the
material news or material event. 
 2.15 Termination of Registration Rights.  

The rights and obligations set forth in this Section 2 (other than Sections 2.5, 2.6 and 2.9 and the second
sentence of Section 2.11.2, which shall survive until fully performed) shall terminate (i) upon a “Deemed Liquidation Event,” as such term is defined in the Certificate of Incorporation and (ii) as to any
Stockholder, such earlier time after the IPO at which such Stockholder (together with any Affiliate of such Stockholder with whom such Stockholder must aggregate its sales under SEC Rule 144) holds one percent (1%) or less of the Company’s
outstanding Common Stock and such shares can be sold in any three (3)-month period without registration and without volume or manner of sale restrictions in compliance with SEC Rule 144. 

  
 19. 

 3. Legend on Share Certificates.  

Each certificate representing any Preferred Stock issued to the Stockholders and any Registrable Securities issued to the Stockholders shall be
endorsed with the following legend (in addition to other legends required pursuant to the Stockholders Agreement): 
 “THE SHARES
REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO RESTRICTIONS ON TRANSFERABILITY AND RESALE, INCLUDING A LOCK-UP PERIOD IN THE EVENT OF THE COMPANY’S INITIAL PUBLIC OFFERING, WHICH ARE SET FORTH IN THE COMPANY’S AMENDED AND RESTATED
REGISTRATION RIGHTS AGREEMENT (A COPY OF WHICH MAY BE OBTAINED UPON WRITTEN REQUEST FROM THE COMPANY).” 
 4.
Miscellaneous. 
 4.1 Transfers, Successors and Assigns.  

The terms and conditions of this Agreement shall inure to the benefit of and be binding upon the respective successors and, subject to
Section 2.12, permitted assigns of the parties. Nothing in this Agreement, express or implied, is intended to confer upon any party other than the parties hereto or their respective successors and assigns any rights, remedies,
obligations, or liabilities under or by reason of this Agreement, except as expressly provided in this Agreement. In the event that after the date of this Agreement, the Company issues shares of Capital Stock to Bain & Co., Inc. and its
affiliates (collectively, “Bain”), Bain shall be entitled to become a party to this Agreement by execution of a signature page hereto, and Bain shall be deemed to be included in the definition of “TCV” for all
purposes hereunder; provided, that Bain shall not have any demand registration rights separate and apart from TCV under Section 2.1 of this Agreement. 

4.2 Governing Law. 

This Agreement shall be governed by and construed in accordance with the laws of the State of New York, without regard to its principles of
conflicts of laws that would result in the application of the law of any other jurisdiction. 
 4.3 Jurisdiction.  

Each of the parties submits to the jurisdiction of all state and federal courts sitting in the Borough of Manhattan in the City of New York in
the State of New York, and all actions and proceedings arising out of or relating to this Agreement shall be heard and determined in a state or federal court in the Borough of Manhattan in the City of New York in the State of New York, and any
direct appellate courts therefrom. 

  
 20. 

 4.4 Counterparts; Facsimile.  

This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and
the same instrument. This Agreement may also be executed and delivered by facsimile signature. 
 4.5 Titles and Subtitles.

 The titles and subtitles used in this Agreement are used for convenience only and are not to be considered in construing or interpreting
this Agreement. 
 4.6 Notices.  

All notices and other communications given or made pursuant to this Agreement shall be in writing and shall be deemed effectively given:
(a) upon personal delivery to the party to be notified, (b) when sent by confirmed facsimile if sent during normal business hours of the recipient, and if not sent during such normal business hours, then on the next business day,
(c) five (5) days after having been sent by registered or certified mail, return receipt requested, postage prepaid, or (d) one (1) business day after deposit with a nationally recognized overnight courier, specifying next day
delivery, with written verification of receipt. All communications shall be sent to the respective parties at their address or facsimile number as set forth on the signature page or Schedule A hereto, or to such facsimile number or address as
subsequently modified by written notice given in accordance with this Section 4.6. If notice is given to the Company, ABS Capital Partners, TCV, or Backbone a copy shall also be sent to each of (i) for the Company, J. Brennan Ryan,
Nelson Mullins Riley & Scarborough LLP, 201 17th Street, Suite 1700, Atlanta, GA 30363, (ii) for ABS, David A. Gibbons, Hogan Lovells US LLP, 100 International Drive, Suite 2000, Baltimore, MD 21202, (iii) for TCV, Joshua M.
Dubofsky, Latham & Watkins LLP, 140 Scott Drive, Menlo Park, CA 94025, and (iv) for Backbone, Gregory M. Giammittorio, Morrison & Foerster LLP, 1650 Tysons Blvd, Suite 400, McLean, VA 22102. 

4.7 Amendments and Waivers. 

This Agreement may be terminated, and any term of this Agreement may be amended and the observance of any term of this Agreement may be waived
(either generally or in a particular instance and either retroactively or prospectively), only with the written consent of (i) the Company, (ii) Stockholders owning more than fifty percent (50%) of the Registrable Securities that are
issued or issuable as a result of conversion of the Series A Preferred Stock, and (iii) Stockholders owning more than fifty percent (50%) of the Registrable Securities that are issued or issuable as a result of conversion of the Series B
Preferred Stock. Any amendment, termination or waiver effected in accordance with this paragraph shall be binding upon each holder of any Registrable Securities then outstanding, each future holder of all such Registrable Securities, and the
Company. Notwithstanding the foregoing, this Agreement may not be amended and the observance of any term hereunder may not be waived with respect to any Eligible Stockholder without the written consent of such Eligible Stockholder if such amendment
or waiver would treat such Eligible Stockholder adversely and in a manner disproportionate with respect to such Eligible Stockholder as compared to either ABS Capital Partners or TCV as 

  
 21. 

 holders of Registrable Securities. The Company shall give prompt written notice of any amendment or termination
hereof or waiver hereunder to any party hereto that did not consent in writing to such amendment, termination or waiver. No waivers of or exceptions to any term, condition or provision of this Agreement, in any one or more instances, shall be deemed
to be, or construed as, a further or continuing waiver of any such term, condition or provision, unless they otherwise so expressly provide. Notwithstanding anything herein to the contrary, any actions to be taken with respect to notices, consents,
approvals or waivers required or contemplated to be given by TCV hereunder shall be effective if given by Stockholders holding a majority of the outstanding shares of the Company’s capital stock then held by TCV on an as-converted to Common
Stock basis (the “TCV Majority”), and any such action by such TCV Majority shall bind all of TCV. 
 4.8
Severability.  
 Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid
under applicable law, but if any provision of this Agreement shall be held to be prohibited by or invalid under applicable law, such provision shall be ineffective only to the extent of such prohibition or invalidity, without invalidating the
remainder of such provision or the remaining provisions of this Agreement. 
 4.9 Delays or Omissions.  

No delay or omission to exercise any right, power or remedy accruing to any party hereto, upon any breach or default of any other party hereto,
shall impair any such right, power or remedy of such non-breaching or non-defaulting party nor shall it be construed to be a waiver of any such breach or default, or an acquiescence therein, or of or in any similar breach or default thereafter
occurring; nor shall any waiver of any single breach or default be deemed a waiver of any other breach or default theretofore or thereafter occurring. Any waiver, permit, consent or approval of any kind or character on the part of any party hereto
of any breach or default under this Agreement, or any waiver on the part of any party of any provisions or conditions of this Agreement, must comply with the provisions of Section 4.7 hereof, and must be in writing and shall be effective
only to the extent specifically set forth in such writing. All remedies, either under this Agreement or by law or otherwise afforded to any party hereto, shall be cumulative and not alternative. 

4.10 Entire Agreement. 

This Agreement (including the Schedule hereto), the Stock Purchase Agreement, the Repurchase Agreement (as defined in the Stock Purchase
Agreement), the Indemnification Agreement (as defined in the Stock Purchase Agreement), the Stockholders Agreement, the Certificate of Incorporation and the other agreements referred to herein and therein constitute the full and entire understanding
and agreement between the parties hereto with respect to the subject matter hereof, and any other written or oral agreement relating to the subject matter hereof existing among the parties hereto is expressly canceled. Pursuant to
Section 4.7 of the Prior Agreement, the undersigned parties who are parties to such Prior Agreement hereby amend and restate the Prior Agreement to read in its entirety as set forth in this Agreement, all with the intent and effect that
the Prior Agreement shall hereby be terminated and entirely replaced and superseded by this Agreement. 

  
 22. 

 4.11 Aggregation of Stock. 

All shares of Registrable Securities held or acquired by a Person or its Affiliates (including entities under common investment management and,
in the case of TCV, Bain if Bain becomes a party to this Agreement) shall be aggregated together for the purpose of determining the availability to such Person of any rights under this Agreement. 

4.12 Costs of Enforcement.  

If any party hereto seeks to enforce his, her or its rights under this Agreement by legal proceedings, the substantially non-prevailing party
shall pay all costs and expenses incurred by the substantially prevailing party, including all reasonable attorneys’ fees and all fees, costs, or disbursements incurred to collect fees, costs and disbursements. 

4.13 References. 

All references in this Agreement to Sections and Subsections are to Sections and Subsections contained in this Agreement unless a different
document is expressly specified. For purposes of this Agreement, the word “including” shall be deemed to be followed by the words “without limitation.” 

4.14 WAIVER OF RIGHT TO JURY TRIAL. 

BY EXECUTING THIS AGREEMENT, THE PARTIES HERETO KNOWINGLY AND WILLINGLY WAIVE ANY RIGHT THEY HAVE UNDER APPLICABLE LAW TO A TRIAL BY JURY IN
ANY DISPUTE ARISING OUT OF OR IN ANY WAY RELATED TO THIS AGREEMENT OR THE ISSUES RAISED BY THAT DISPUTE. 
 4.15 Specific
Enforcement.  
 Subject to Section 2.8, it is agreed and understood that monetary damages may not adequately compensate an
injured party for the breach of this Agreement by any other party, that this Agreement shall be specifically enforceable, and that any breach or threatened breach of this Agreement shall be the proper subject of a temporary or permanent injunction
or restraining order. Further, each party hereto waives any claim or defense that there is an adequate remedy at law for such breach or threatened breach and waives any requirement of the posting of any bond in connection with any proceeding to
enforce the terms of this Agreement. 
 [Signature page follows] 

  
 23. 

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

			
	COMPANY:
	
	ALARM.COM HOLDINGS, INC.
		
	By:	 	 /s/ Stephen Trundle

		 	Name: Stephen Trundle
		 	Title: Chief Executive Officer
		 	Address: 8150 Leesburg Pike
		 	                Vienna, VA 22182
	
	STOCKHOLDERS:
	
	ABS CAPITAL PARTNERS, V, L.P.
	By:	 	ABS Partners V, L.P., its General Partner
	By:	 	ABS Partners V, L.L.C., its General Partner
		
	By:	 	 /s/ Ralph Terkowitz

		 	Name: Ralph Terkowitz
		 	Title: Managing Member
	
	ABS CAPITAL PARTNERS, V-A, L.P.
	By:	 	ABS Partners V, L.P., its General Partner
	By:	 	ABS Partners V, L.L.C., its General Partner
		
	By:	 	 /s/ Ralph Terkowitz

		 	Name: Ralph Terkowitz
		 	Title: Managing Member
	
	ABS CAPITAL PARTNERS, V OFFSHORE, L.P.
	By:	 	ABS Partners V, L.P., its General Partner
	By:	 	ABS Partners V, L.L.C., its General Partner
		
	By:	 	 /s/ Ralph Terkowitz

		 	Name: Ralph Terkowitz
		 	Title: Managing Member

 SIGNATURE PAGE TO AMENDED AND
RESTATED REGISTRATION RIGHTS AGREEMENT 

 
			
	TCV VII, L.P.
	a Cayman Islands exempted limited partnership, acting by its general partner
	
	Technology Crossover Management VII, L.P.a Cayman Islands exempted limited partnership, acting by its general partner
	
	Technology Crossover Management VII, Ltd. a Cayman Islands exempted company
		
	By: 	 	 /s/ Ric Fenton

	Name:	 	Ric Fenton
	Title:	 	Authorized Signatory
	
	TCV VII (A), L.P.
	a Cayman Islands exempted limited partnership, acting by its general partner
	
	Technology Crossover Management VII, L.P.a Cayman Islands exempted limited partnership, acting by its general partner
	
	Technology Crossover Management VII, Ltd. a Cayman Islands exempted company
		
	By:	 	 /s/ Ric Fenton

	Name:	 	Ric Fenton
	Title:	 	Authorized Signatory
	
	TCV MEMBER FUND, L.P.
	a Cayman Islands exempted limited partnership, acting by its general partner
	
	Technology Crossover Management VII, Ltd. a Cayman Islands exempted company
		
	By: 	 	 /s/ Ric Fenton

	Name:	 	Ric Fenton
	Title:	 	Authorized Signatory

 SIGNATURE PAGE TO AMENDED AND
RESTATED REGISTRATION RIGHTS AGREEMENT 

 
			
	EGIS SECURITY FUND, LP
		
	By:	 	 /s/ Robert Chefitz

		 	Name: Robert Chefitz
		 	Title: Managing Member
	
	BACKBONE PARTNERS, LLC
		
	By:	 	 /s/ Stephen Trundle

		 	Name: Stephen Trundle
		 	Title: Member
	
	DAVID B. SHERWOOD, JR.
	
	 /s/ David B. Sherwood, Jr.

 SIGNATURE PAGE TO AMENDED AND
RESTATED REGISTRATION RIGHTS AGREEMENT 

 
	
	/s/ Daniel Ramos
	Daniel Ramos
	
	 /s/ Alison Slavin

	Alison Slavin
	
	 /s/ Jean-Paul Martin

	Jean-Paul Martin
	
	 /s/ David Hutz

	David Hutz

 SIGNATURE PAGE TO AMENDED AND
RESTATED REGISTRATION RIGHTS AGREEMENT 

 
			
	SQUAM LAKE INVESTORS IX, L.P.
	
	By: BGPI, Inc., its General Partner
		
	By:	 	 /s/ Bill Doherty

	Name:	 	Bill Doherty
	Title:	 	V.P. of the General Partner
	
	BAIN & COMPANY, INC.
		
	 By:
	 	 /s/ James P. Spoto

	 Name:
	 	 James P. Spoto

	 Title:
	 	 Director of Accounting

 SIGNATURE PAGE TO AMENDED AND
RESTATED REGISTRATION RIGHTS AGREEMENTEX-10.1

 Exhibit 10.1 

DEED OF LEASE 

THIS DEED OF LEASE (this “Lease”) is made as of April 21, 2009,
between 8150 LEESBURG PIKE, L.L.C., a Virginia limited liability company (“Landlord”), and ALARM.COM INCORPORATED, a Delaware corporation (“Tenant”). 

ARTICLE I 
 DEFINITIONS

 1.1 Building: a thirteen (13) story building containing approximately one hundred ninety-eight thousand two
hundred fifty (198,250) square feet of rentable area and located on approximately 2.06 acres of land at 8150 Leesburg Pike, Vienna, Virginia. 

1.2 Premises: approximately eleven thousand seventy-two (11,072) square feet of rentable area located on the fourteenth (14th) floor of the Building and outlined on Exhibit A. 
 1.3 Lease Term:
eighty-four (84) months. 
 1.4 Anticipated Occupancy Date: upon execution of this Lease by the last to execute of Landlord and
Tenant. 
 1.5 Base Rent: two hundred eighty-seven thousand eight hundred seventy-two dollars and no cents ($287,872.00) for the
first Lease Year (which amount is based on twenty-six dollars and no cents ($26.00) per square foot of rentable area), subject, however, to increase as provided in Section 4.1. 

1.6 Base Rent Annual Escalation Percentage: two and one-half percent (2.5%). 

1.7 Base Year: 2009. 

1.8 Security Deposit: forty-seven thousand nine hundred seventy-eight dollars and sixty-seven cents ($47,978.67). 

1.9 Broker(s): Atlantic Realty Associates, Inc. and Thomas and Company. 

1.10 Tenant Address for Notices: Daniel Ramos, Alarm.com Incorporated, 1861 International Drive, McLean, VA 22102, until Tenant has
commenced beneficial use of the Premises, and 8150 Leesburg Pike, Vienna, Virginia 22182 after Tenant has commenced beneficial use of the Premises. 

1.11 Guarantor(s): None. 

ARTICLE II 
 PREMISES

 2.1 Tenant leases the Premises from Landlord upon the terms herein. Tenant shall have the right, together with all rights in
common with other tenants of the Building, to use all sidewalks, paved areas and parking areas appurtenant thereto, and all elevators, hallways, restrooms and other common areas therein and thereon. 

 ARTICLE III 

TERM 
 3.1 The term
of this Lease (the “Lease Term”) shall commence on the Lease Commencement Date specified in Section 3.2 and continue through the Rent Commencement Date and then after the Rent Commencement Date for the period specified in
Section 1.3 (plus if the Rent Commencement Date is not the first day of a month, the partial month in which the Rent Commencement Date occurs). The Lease Term shall also include any renewal or extension of the term of this Lease. 

3.2 The Lease Commencement Date shall be the Anticipated Occupancy Date. The Rent Commencement Date means the later of (a) the
date the Tenant’s Work described in Section 9.6 is deemed substantially complete as certified by Landlord’s construction manager, or (b) August 1, 2009, or (c) the date Tenant commences beneficial use of the Premises
but in all events the Rent Commencement Date shall not be later than September 1, 2009. Tenant shall be deemed to have commenced beneficial use of the Premises when Tenant begins normal business operations in the Premises. If Tenant is in
material breach of any obligation hereunder, then Tenant shall not have any right to commence beneficial use of the Premises. 

3.3 Delivery of the Premises is anticipated on or about the Anticipated Occupancy Date. If the Premises are not delivered by such date,
then Landlord shall not have any liability whatsoever, and this Lease shall not be rendered voidable, on account thereof. 
 3.4
Lease Year means a period of one year commencing on the first day of the month in which the Rent Commencement Date occurs and each successive one year period. 

3.5 Tenant shall have the right to renew the term of this Lease for one period of five years (the “Renewal Term”) commencing
immediately after expiration of the initial term of this Lease. Tenant may exercise such right only by written notice not later than nine (9) months prior to the expiration of the initial term of this Lease. If such notice is not received
timely by Landlord, then Tenant’s rights pursuant to this Section shall be of no further force or effect. The parties shall have thirty days after Landlord’s receipt of such notice in which to agree on the base rent and additional rent
which shall be payable during the Renewal Term. Among the factors to be considered by the parties during such negotiations are the general office rental market in Tysons Corner, Virginia and the rental rates being quoted by Landlord to comparable
tenants for comparable space in the Building. In no event shall the Base Rent payable during the first year of the Renewal Term be less than one hundred three percent (103%) of the Base Rent payable during the last year of the initial term. If
during such thirty day period the parties agree on such rent, then during such period they shall execute an amendment to this Lease stating the rent so agreed upon. If during such period the parties do not for any reason whatsoever agree in writing
upon such rent, then the Renewal Term shall not commence and the Lease Term shall expire at the expiration of the initial term. If Tenant is in material default when the renewal notice is given or any time thereafter prior to the commencement of the
Renewal Term, then at Landlord’s written election the Renewal Term shall not commence and the Lease Term shall expire at the expiration of the initial term. If Tenant subleases or assigns more than fifty percent (50%) of the Premises, then
at Landlord’s written election Tenant’s rights under this Section shall be of no further force or effect. 

  
 2. 

 ARTICLE IV 

BASE RENT 
 4.1
Tenant shall pay the Base Rent in equal installments in advance on the first day of each month during a Lease Year. On the first day of the second and subsequent Lease Years, the Base Rent in effect shall be increased by the product of
(a) the Base Rent Annual Escalation Percentage, multiplied by (b) the Base Rent in effect. Anything to the contrary herein notwithstanding, the Base Rent for the first four (4) full calendar months following the Rent Commencement Date
shall be abated. When Tenant executes this Lease, Tenant shall pay an amount equal to one (1) monthly installment of the Base Rent, which amount shall be credited toward the installment of the Base Rent payable for the fifth full calendar month
following the Rent Commencement Date. If the Rent Commencement Date is not the first day of a month, then on the Rent Commencement Date Tenant shall pay the Base Rent for the month in which the Rent Commencement Date occurs, calculated at a daily
rate of one-thirtieth (l/30th) of an installment of the Base Rent. 
 ARTICLE V 

OPERATING CHARGES AND REAL ESTATE TAXES 

5.1 (a) Tenant shall pay Tenant’s proportionate share of the amount by which Operating Charges (defined in Section 5.l(b))
during each calendar year falling entirely or partly within the Lease Term exceed a base amount (the “Operating Charges Base Amount”) equal to the Operating Charges incurred during the Base Year. For purposes of this Section, Tenant’s
proportionate share shall be that percentage which is equal to 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. 

(b) Operating Charges mean the following expenses incurred by Landlord in the ownership and operation of the Building and the land upon
which the Building is located (the “Land”) to the extent such expenses do not relate solely to space leased by, property of, or the use and occupancy by another tenant of a portion of the Building: (1) water, sewer and other utility
charges and electricity charges to the extent such are not billed separately and directly to other Tenants by the applicable utility; (2) insurance premiums; (3) reasonable and customary management fees; (4) costs of service and
maintenance contracts; (5) maintenance, repair and replacement expenses (to the extent not previously reserved as provided in subsection (b)(8); (6) amortization (on a straight-line basis over the useful life (not to exceed ten years),
with interest at two percentage points over the Wall Street Journal prime rate specified in the Money Rates Section of the Wall Street Journal at the time the expenditure was made) of capital expenditures made by Landlord to (A) reduce
operating expenses if Landlord reasonably estimates that the annual reduction in operating expenses shall exceed such amortization, or (B) comply with laws or insurance requirements enacted or imposed after the date hereof; (7) charges for
janitorial services; (8) reasonable reserves for replacements, repairs and contingencies; and (9) any other expense incurred by Landlord in owning, maintaining, repairing or operating the Building and

  
 3. 

 
the Land unless such expense was incurred due to the intentional misconduct or gross negligence of the Landlord or other tenants. Operating Charges do not include: principal or interest payments
on any mortgage, deed of trust or ground lease; leasing commissions; depreciation of the Building except as specified above; and the costs of special services or utilities separately charged to particular tenants of the Building. 

(c) If the average occupancy rate for the Building during any year is less than ninety-five percent (95%), or if any tenant is paying
separately for electricity or janitorial services furnished to its premises, then Operating Charges for such year shall be deemed to include all additional expenses, as reasonably estimated by Landlord, which would have been incurred during such
year if such average occupancy rate had been ninety-five percent (95%) and if Landlord paid for electricity and janitorial services furnished to such premises. For example, if the janitorial charges for a year were one dollar ($1.00) per square
foot of occupied rentable area, then it would be reasonable for Landlord to estimate that if the Building had been ninety-five percent (95%) occupied during such year, then janitorial charges for such year would have been $188,337.50.

 (d) At the beginning of calendar year 2010 and each calendar year thereafter, Landlord shall submit to Tenant a written
statement indicating the amount by which Operating Charges that Landlord reasonably expects to be incurred during such year exceed the Operating Charges Base Amount and Tenant’s proportionate share of such excess. Tenant shall pay to Landlord
on the first day of each month after receipt of such statement, until Tenant’s receipt of a succeeding statement, an amount equal to one-twelfth (1/12) of such share. Landlord reserves the right to submit a revised statement if Landlord
reasonably expects such share to differ from the prior estimation. If a statement is submitted after the beginning of a year, then the first payment thereafter shall be adjusted to account for any underpayment or overpayment based on the prior
statement and subsequent payments shall be based on the latest statement. 
 (e) Within approximately one hundred twenty
(120) days after the end of calendar year 2010 and each calendar year thereafter, Landlord shall submit a statement indicating (1) Tenant’s proportionate share of the amount by which actual Operating Charges incurred during such year
exceeded the Operating Charges Base Amount, and (2) the sum of Tenant’s estimated payments for such year. If such statement indicates that such sum exceeds Tenant’s actual obligation, then Tenant shall deduct the overpayment from its
next payment(s) pursuant to this Article or if no further sums are due hereunder because the Lease Term has expired, then such excess shall be returned to Tenant. If such statement indicates that Tenant’s actual obligation exceeds such sum,
then Tenant shall pay the excess. If Tenant does not notify Landlord in writing of any objection to such statement within ninety (90) days after receipt, then Tenant shall be deemed to have waived such objection. 

(f) If the Lease Term expires on a day other than January 1 or December 31, then Tenant’s liability pursuant to this
Section shall be proportionately reduced based on the number of days in the Lease Term falling within such year. 
 5.2 (a)
Tenant shall pay Tenant’s proportionate share of the amount by which Real Estate Taxes (defined in Section 5.2 (b)) during each calendar year falling entirely or partly within the Lease Term exceed a base amount (the “Real Estate
Taxes Base Amount”) equal to 

  
 4. 

 
the Real Estate Taxes incurred during the Base Year. For purposes of this Section, Tenant’s proportionate share shall be that percentage which is equal to 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. 
 (b) Real Estate Taxes
mean (1) real estate taxes (including special assessments) imposed upon Landlord or assessed against the Building or the Land, (2) future taxes or charges imposed upon Landlord or assessed against the Building or the Land which are in the
nature of or in substitution for real estate taxes, including any tax levied on or measured by rents payable, and (3) reasonable expenses incurred by Landlord in reviewing or seeking a reduction of real estate taxes on the Building or the Land
(only to the extent that the reduction in Real Estate Taxes exceed the amount of expenses incurred). Real Estate Taxes shall be deemed to include any taxes abated due to Landlord’s substantial renovation, rehabilitation or replacement of the
Building. 
 (c) At the beginning of calendar year 2010 and each calendar year thereafter, Landlord shall submit to Tenant a
written statement indicating the amount by which Real Estate Taxes that Landlord reasonably expects to be incurred during such year exceed the Real Estate Taxes Base Amount and Tenant’s proportionate share of such excess. Tenant shall pay to
Landlord on the first day of each month after receipt of such statement, until Tenant’s receipt of a succeeding statement, an amount equal to one-twelfth (1/12) of such share. Landlord reserves the right to submit a revised statement if
Landlord reasonably expects such share to differ from the prior estimation. If a statement is submitted after the beginning of a year, then the first payment thereafter shall be adjusted to account for any underpayment or overpayment based on the
prior statement and subsequent payments shall be based on the latest statement. 
 (d) Within approximately one hundred twenty
(120) days after the end of calendar year 2010 and each calendar year thereafter, Landlord shall submit a statement indicating (1) Tenant’s proportionate share of the amount by which actual Real Estate Taxes incurred during such year
exceeded the Real Estate Taxes Base Amount, and (2) the sum of Tenant’s estimated payments for such year. If such statement indicates that such sum exceeds Tenant’s actual obligation, then Tenant shall deduct the overpayment from its
next payment(s) pursuant to this Article or if no further payments are due hereunder because the Lease Term has expired, then such excess shall be returned to Tenant. If such statement indicates that Tenant’s actual obligation exceeds such sum,
then Tenant shall pay the excess. If Tenant does not notify Landlord in writing of any objection to such statement with in ninety (90) days after receipt, then Tenant shall be deemed to have waived such objection. 

(e) If the Lease Term expires on a day other than January 1 or December 31, then Tenant’s liability pursuant to this
Section shall be proportionately reduced based on the number of days in the Lease Term falling within such year. 

  
 5. 

 ARTICLE VI 

USE OF PREMISES 

6.1 Tenant shall use the Premises solely for office and customer service, call center activities, technology development and services
and related uses. Tenant shall not use the Premises for any unlawful purpose, or in any manner that in Landlord’s opinion will constitute waste, nuisance or unreasonable annoyance to Landlord or any tenant of the Building, or in any manner that
will increase the number of parking spaces required for the Building or its full occupancy pursuant to present and future laws (including the Americans with Disabilities Act), ordinances, regulations and orders (collectively “Laws”).
Tenant shall comply with all Laws concerning Tenant’s use, occupancy and condition of the Premises and all machinery, equipment and furnishings therein. If any Law requires an occupancy or use permit for Tenant’s use of the Premises, then
Tenant shall obtain and keep current such permit at Tenant’s expense and promptly deliver a copy thereof to Landlord. Tenant shall not use the Premises in a manner that would (a) violate the terms of any occupancy or use permit,
(b) impair or interfere with any base building system or facility, or (c) adversely affect the Building’s appearance, character or reputation. 

6.2 Tenant shall pay timely any business, rent or other tax or fee that is now or hereafter assessed or imposed upon Tenant’s use
or occupancy of the Premises, the conduct of Tenant’s business in the Premises or Tenant’s fixtures, furnishings, inventory or personal property. If any such tax or fee is imposed upon Landlord or Landlord is responsible for collection or
payment thereof, then Tenant shall pay to Landlord the amount of such tax or fee. 
 6.3 Tenant shall not generate, use,
release, store or dispose of any Hazardous Materials in or about the Building except in the ordinary course of its business and in compliance with all applicable Laws. Hazardous Materials mean (a) “hazardous wastes” as defined by the
Resource Conservation and Recovery Act of 1976, (b) “hazardous substances” as defined by the Comprehensive Environmental Response, Compensation and Liability Act of 1980, (c) “toxic substances” as defined by the Toxic
Substances Control Act, (d) “hazardous materials” as defined by the Hazardous Materials Transportation Act (as any of such Acts may be amended from time to time), (e) petroleum products, (f) chlorofluorocarbons, and
(g) substances whose presence could be detrimental or hazardous to health or the environment. 
 ARTICLE VII 

ASSIGNMENT AND SUBLETTING 

7.1 Tenant shall not sublet or permit occupancy of (collectively “sublease”) the Premises or part thereof, or assign or
otherwise transfer (collectively “assign”) this Lease or any of Tenant’s rights or obligations, without Landlord’s prior written consent, which consent shall not be unreasonably withheld. No assignment of this Lease may be
effected by operation of law without Landlord’s prior written consent. Any assignment or sublease, Landlord’s consent thereto or Landlord’s collection of rent from any assignee or subtenant shall not be construed as (a) a waiver
or release of Tenant from liability hereunder, or (b) relieving Tenant, any assignee or subtenant from the obligation of obtaining Landlord’s prior written consent to any other assignment or sublease. Tenant assigns to Landlord any amount
due from any assignee or subtenant as security for performance of Tenant’s obligations pursuant to this Lease. Tenant directs each such assignee or subtenant to pay such amount directly to Landlord if such assignee or subtenant receives written
notice from Landlord specifying that Tenant is in default under this Lease and that such amount shall be paid directly to Landlord. Each assignee and subtenant shall pay as so directed. Landlord’s collection of such amount shall not be
construed as an acceptance of such assignee or subtenant as a tenant or as a permitted assignee or subtenant. Tenant’s 

  
 6. 

 
obligations pursuant to this Lease shall be deemed to extend to any subtenant or assignee. Tenant shall cause each subtenant or assignee to comply with such obligations. Any assignee shall be
deemed to have assumed obligations as if such assignee had originally executed this Lease and at Landlord’s request shall execute promptly a document confirming such assumption. Each sublease is subject to the condition that if the Lease Term
is terminated or Landlord succeeds to Tenant’s interest in the Premises by voluntary surrender or otherwise, at Landlord’s option the subtenant shall be bound to Landlord for the balance of the term of such sublease and shall attorn to and
recognize Landlord as its landlord under the then executory terms of such sublease. Tenant shall not mortgage this Lease without Landlord’s prior written consent, which consent may be granted or withheld in Landlord’s sole and absolute
discretion. Tenant shall pay the costs (including reasonable and customary attorneys’ fees) incurred by Landlord in connection with Tenant’s request for Landlord to consent to any assignment, sublease or mortgage. 

7.2 If Tenant is a partnership, then any event(s) (whether or not voluntary, concurrent or related) which results in a dissolution of
Tenant or a withdrawal or change of partners who, on the date of this Lease, own a controlling interest, shall be deemed a voluntary assignment of this Lease. Each general partner shall be deemed to own a controlling interest. If Tenant is a
corporation, then any event(s) (whether or not voluntary, concurrent or related) which results in a dissolution, merger, consolidation or other reorganization of Tenant or sale, transfer or relinquishment of the interest of shareholders who, on the
date of this Lease, own a controlling interest, shall be deemed a voluntary assignment of this Lease, provided however, such voluntary assignment shall require Landlord’s prior consent only if the event or events giving rise to the deemed
voluntary assignment result in a change of at least fifty-one percent (51%) of the beneficial or controlling ownership interests in Tenant (a “Change in Control”). If there is such a Change in Control, then Landlord’s consent
shall be required for such voluntary assignment, but Landlord agrees that it will not unreasonably withhold its consent to such voluntary assignment of this Lease resulting from such Change in Control so long as (i) no Event of Default exists
under this Lease, (ii) the assignee will utilize the Premises for the use as set forth herein , (iii) the assignee has a net worth and liquidity at least equal to the net worth and liquidity of Tenant as of the date of this Lease,
(iv) the assignee executes a written assumption of the obligations of Tenant under the Lease, a copy of which is delivered to Landlord at the time of such Change in Control. In the event of any deemed voluntary assignment, Landlord shall
receive prior written notice from Tenant. The preceding sentence shall not apply to corporations whose stock is traded through a national or regional exchange or an over-the-counter market. 

7.3 If Tenant wants to assign or sublet all or part of the Premises or this Lease, then Tenant shall give Landlord written notice
(“Tenant’s Request Notice”) specifying the proposed assignee or subtenant and its business, the commencement date of the proposed assignment or sublease (the “Proposed Sublease Commencement Date”), the area proposed to be
assigned or sublet (the “Proposed Sublet Space”), any premium or other consideration being paid for the proposed assignment or sublease and all other terms of the proposed assignment or sublease, and including the most recent financial
statement and Dun and Bradstreet report of such assignee or subtenant and reasonably detailed information regarding such assignee or subtenant’s reputation and business experience. 

  
 7. 

 7.4 Landlord reserves the right to terminate the Lease Term with respect to the Proposed
Sublet Space by sending Tenant written notice within thirty (30) days after Landlord’s receipt of Tenant’s Request Notice, provided, however if there is a voluntary assignment due to Change in Control which meets the requirements for
Landlord’s consent set forth in Section 7.2 above, then Landlord shall not by reason of such voluntary assignment have a right to terminate the Lease Term. If Landlord exercises such right, then (a) Tenant shall tender the Proposed
Sublet Space to Landlord on the Proposed Sublease Commencement Date as if the Proposed Sublease Commencement Date had been originally set forth in this Lease as the expiration date of the Lease Term with respect to the Proposed Sublet Space,
(b) if the Proposed Sublet Space is not the entire Premises, then as to all portions of the Premises other than the Proposed Sublet Space, this Lease shall remain in full force and effect except that the rent shall be reduced proportionately,
and (c) if the Proposed Sublet Space is the entire Premises, then the Lease Term shall terminate on the Proposed Sublease Commencement Date. 

7.5 If pursuant to any agreement effecting or relating to any sublease or assignment the subtenant or assignee is to pay any amount in
excess of the rent and other amounts due under this Lease, then, whether such excess is in the form of an increased rental, lump sum payment, payment for the sale or lease of fixtures or other leasehold improvements or any other form (and if the
applicable space does not constitute the entire Premises, then such excess shall be determined on a pro rata basis), Tenant shall pay to Landlord fifty (50%) of any such excess after deducting all commercially reasonable fees, payments or
expenses relating to said assignment or sublease. Landlord shall have the right to inspect Tenant’s books and records relating to any sublease or assignment. 

ARTICLE VIII 

MAINTENANCE AND REPAIRS 

8.1 Tenant shall maintain the Premises and all fixtures and equipment located therein or exclusively serving the Premises (but
excluding base building fixtures and equipment) in clean, safe and sanitary condition, take good care thereof, make all repairs and replacements thereto and suffer no waste or injury thereto. Tenant shall give Landlord prompt written notice of any
defect in or damage to the Building or any part thereof. Except as otherwise provided in Article XVII, all damage to the Premises or to any other part of the Building or the Land caused by any act or omission of any invitee, agent, employee,
subtenant, assignee, contractor, client, family member, licensee, customer or guest of Tenant (collectively “Invitees”) or Tenant, shall be repaired by and at Tenant’s expense, except that Landlord shall have the right to make any
such repair at Tenant’s expense. Base building fixtures and equipment shall be deemed to exclude without limitation special tenant equipment such as air conditioning equipment serving only the Premises, telecommunications and computer
equipment, and kitchen equipment. At the expiration or earlier termination of the Lease Term, Tenant shall surrender the Premises broom clean and in good order, condition and repair, except for ordinary wear and tear and as otherwise provided in
Article XVII. Landlord shall provide and install replacement tubes for building standard fluorescent light fixtures (subject to reimbursement per Article V); all other bulbs and tubes for the Premises shall be provided and installed at Tenant’s
expense. Landlord shall maintain all common areas in the Building and on the Land in good condition and repair, including, without limitation, keeping grass, shrubbery and trees properly cut and trimmed and keeping all sidewalks, driveways and
parking lots reasonably free of ice and snow. 

  
 8. 

 In addition, Landlord shall, at its cost and expense (but subject to inclusion in Operating
Charges), be responsible for the maintenance, repair and replacement of the entire roofing system (including repair of leaks), Building structural components, including, but not limited to, extension walls, load bearing columns, foundation and floor
slab, and all walls and structures, interior or exterior, separating the Premises from the rest of the Building (other than the exterior surface of the Premises’ demising walls (not the structural elements thereof which shall be the
responsibility of Landlord), which shall be Tenant’s responsibility), the common mechanical systems in the Building existing outside any leased premises, electrical service, and water, gas, sewer, plumbing and telephone lines, and the HVAC
systems in the Building, and all latent defects in the Building. For the avoidance of doubt, this obligation of Landlord includes initial repairing and painting all HVAC units in the Premises, at Landlord’s expense prior to the Rent
Commencement Date. 
 ARTICLE IX 

ALTERATIONS 

9.1 Landlord is under no obligation to make any alterations, decorations, additions, improvements or other
changes (collectively “Alterations”) in or to the Premises except as otherwise expressly provided herein. 

9.2 Tenant may make improvements, changes or alterations in or to the Premises (“Alterations”) without
Landlord’s consent; provided, however, that Tenant shall not make any Material Alteration without Landlord’s prior written consent, such consent not to be unreasonably withheld, conditioned or delayed. Landlord shall have
thirty (30) days following Tenant’s written request for such consent (such request to be provided in the same manner as notices hereunder) to consent or disapprove, provided that such thirty (30) day period shall not commence until
and unless Landlord receives from Tenant a reasonably detailed description of such Material Alteration. At the time of Landlord’s consent to any Material Alteration, Landlord will specify if such Material Alteration must be removed by Tenant at
the termination or expiration of the Lease; if Landlord specifies that such removal is required and Tenant makes such Material Alteration, Tenant agrees to restore the area of the Premises affected by such Material Alteration to its condition as
existed prior to such Material Alteration at the time of the removal of the same. “Material Alteration” means an Alteration that (i) affects in a material respect the structural integrity of the Building or the
structural components of the Building, (ii) affects in a material respect the building systems, (iii) requires a change to the Building’s certificate of occupancy, or (iv) materially affects the exterior of the Building.
Notwithstanding the preceding, “Material Alteration” does not include any of Tenant’s Work. 
 9.3
Tenant shall have the right, at Tenant’s cost and expense, to install trade fixtures and equipment that it may deem necessary to the conduct of Tenant’s business. All such installations of trade fixtures and equipment shall be at the cost
of Tenant, and Tenant hereby agrees to indemnify and save harmless Landlord from any and all costs or expenses, including attorneys’ fees, that Landlord may incur by reason of any claim for labor performed or material furnished that may arise
by reason of the installation of any fixtures or equipment or the installation of partitions by Tenant as herein provided or any Tenant Alterations. Any and all trade fixtures and equipment installed by Tenant shall be removed by it at the
termination of this Lease, provided that Tenant shall repair any and all damage caused to the Premises by the removal of any such trade fixtures and equipment. 

  
 9. 

 9.4 Any Alteration made by Tenant (including any initial tenant improvements to the
Premises) shall be made: (a) in a good, workmanlike, first-class and prompt manner; (b) using new materials only; (c) by a contractor, on days and at times and under the supervision of an architect approved in writing by Landlord
(Tenant’s contractors shall comply with the Landlord’s construction rules and regulations attached hereto as Exhibit C); (d) in accordance with plans and specifications prepared by an engineer or architect approved by Landlord and
reviewed by Landlord; (e) in accordance with Laws, requirements of any firm insuring the Building and Building standards; (f) after obtaining a worker’s compensation insurance policy approved in writing by Landlord and any bonds or
insurance as mutually agreed between Landlord and Tenant; and (g) with respect to electrical and mechanical work, by a contractor selected by Tenant and approved by Landlord. If a lien (or a petition to establish a lien) is filed in connection
with any Alteration, then such lien (or petition) shall be discharged by Tenant at Tenant’s expense within thirty (30) days thereafter by the payment thereof or filing of a bond acceptable to Landlord. Landlord’s consent to an
Alteration shall be deemed not to constitute Landlord’s consent to subjecting its interest in the Premises or the Building to liens which may be filed in connection therewith. Promptly after the completion of an Alteration, Tenant at its
expense shall deliver to Landlord three (3) sets of accurate as-built drawings showing such Alteration. 
 9.5 If a
Material Alteration is made without Landlord’s prior written consent, then Landlord shall have the right at Tenant’s expense to remove such Material Alteration and restore the Premises and the Building to their condition immediately prior
thereto or to require Tenant to do the same. All Alterations to the Premises or the Building made by either party shall immediately become Landlord’s property and shall be surrendered with the Premises at the expiration or earlier termination
of the Lease Term, except that (a) if Tenant is not in default under this Lease, then Tenant shall have the right to remove, prior to the expiration or earlier termination of the Lease Term, movable furniture, movable furnishings and movable
trade fixtures installed in the Premises by Tenant solely at Tenant’s expense pursuant to Section 9.3, and (b) Tenant shall be required to remove all Material Alterations to the Premises or the Building only in accordance with
Section 9.2. Movable furniture, furnishings and trade fixtures shall be deemed to exclude without limitation any item the removal of which might cause damage to the Premises or the Building or which would normally be removed from the Premises
with the assistance of any tool or machinery other than a dolly. If any such item is not removed prior to the expiration or earlier termination of the Lease Term, then such item shall become Landlord’s property and shall be surrendered with the
Premises as a part thereof; provided, however, that Landlord shall have the right to remove such item from the Premises at Tenant’s expense. 

9.6 Landlord shall provide Tenant an allowance (the “Improvements Allowance”) of twenty-five dollars ($25.00) per rentable
square foot of the Premises. The Improvements Allowance is provided in order to help Tenant finance the cost of tenant improvements to the Premises including, without limitation, renovation of the restrooms located in the common area of the 14th floor of the Building (“Tenant’s Work”). Landlord shall have no duty to advance any portion of the Improvements Allowance until Landlord has approved final working drawings for

  
 10. 

 
such tenant improvements, which approval shall not be unreasonably withheld, conditioned or delayed. The Improvements Allowance may be used for any portion of Tenant’s Work, including, but
not limited to, build-out, design, drawings, and CD’s and a reasonable and customary construction management fee of one percent (1%) of total construction costs payable to Landlord, and up to $5.00 per rentable square foot of the
Improvements Allowance may be used to pay the costs of furniture, telecommunications equipment, cabling and wiring. Within thirty (30) days after the written request of Tenant, provided that at the time of Tenant’s written request the
Tenant’s Work is fifty percent (50%) complete, as certified by Tenant’s architect and verified by Landlord’s construction manager, Landlord shall reimburse Tenant for reasonable expenses incurred by Tenant to date in constructing
such tenant improvements to the extent of fifty percent (50%) of the Improvements Allowance, provided: (i) such request is accompanied by a copy of the invoice for such expenses; (ii) copies of all contracts, bills, vouchers, change
orders and other information relating to the expenses for which reimbursement is being sought as may be reasonably requested by Landlord shall be made available to Landlord by Tenant; (iii) the work and materials for which payment is requested
are substantially in accordance with the final working drawings approved by Landlord; (iv) the work and materials for which payment is requested have been physically incorporated in to the Premises, free of any security interest, lien or
encumbrance; and (vi ) Tenant has delivered to Landlord written, unconditional partial waivers of mechanics’ and materialmen’s liens against the Premises and the Building from all con tractors, subcontractors, laborers and material
suppliers. Upon full completion of the Tenant’s Work, as certified by Tenant’s architect and verified by Landlord’s construction manager, provided Tenant shall deliver a written request to Landlord for reimbursement, Landlord shall
reimburse Tenant, within thirty (30) days after Landlord receives Tenant’s written request, for the reasonable expenses incurred by Tenant in completing the tenant improvements to the extent of the remaining fifty percent (50%) of the
Improvements Allowance, provided: (i) such request is accompanied by a copy of the invoice for such expenses; (ii) copies of all contracts, bills, vouchers, change orders and other information relating to the expenses for which
reimbursement is being sought as may be reasonably requested by Landlord shall be made available to Landlord by Tenant; (iii) the work and materials for which payment is requested are substantially in accordance with the final working drawings
approved by Landlord; (iv) the work and materials for which payment is requested have been physically incorporated into the Premises, free of any security interest, lien or encumbrance; and (vi) Tenant has delivered to Landlord written,
unconditional final waivers of mechanics’ and material men’s liens against the Premises and the Building from all contractors, subcontractors, laborers and material suppliers. Notwithstanding anything above to the contrary, Landlord shall
not be required to reimburse Tenant for any invoice received later than six months following the Rent Commencement Date. Any Improvements Allowance not spent or used by Tenant as provided herein for tenant improvements shall be applied to Base Rent,
beginning on the Rent Commencement Date, and each month thereafter until used in full except that no amount of the increase in the Improvements Allowance described below may be applied to Base Rent. Any increase in the Improvements Allowance must be
used for work and materials physically incorporated into the Premises. Tenant shall have the right to request, in a writing to Landlord delivered prior to the Rent Commencement Date, an increase in the Improvements Allowance up to $5.00 per rentable
square foot and Landlord shall provide the same, and any amount so requested by Tenant shall be repaid to Landlord, together with interest at ten (10) percent per annum, in equal monthly installments over the initial Lease Term as Additional
Rent. 

  
 11. 

 9.7 Throughout the Lease Term, at no additional cost to Landlord, Tenant shall have the
right to install and maintain in a designated location on the roof of the Building a satellite dish and other telecommunications equipment integral to Tenant’s primary business in the Premises, subject to the rights of other tenants in the
Building. The foregoing notwithstanding, Tenant shall not have the right to use more than its prorata share of the area of the Building’s roof made available for use by tenants. All aspects of such items and their installation shall be subject
to Landlord’s prior written approval such approval shall not be unreasonably withheld, conditioned or delayed. Not later than the expiration or earlier termination of the Lease Term, Tenant shall remove such items and repair all damage
associated therewith all at Tenant’s sole cost and risk. 
 9.8 Subject to Landlord’s approval and the rights of
other tenants in the Building, Landlord shall grant access to the Building to telecommunications companies (approved in advance by Landlord) providing services to Tenant for the purpose of installing and operating telecommunications lines for
Tenant’s operations in the Premises, including, without limitation communications cables and conduit (“Communications Installations”) in locations to be determined by Landlord in its sole discretion. All such Communications
Installations shall be installed at Tenant’s sole cost and risk and Tenant shall be responsible at the termination or expiration of the Lease for removal of all such Communications Installations from the Building and the restoration of the
Building to the condition it was in prior to the installation of such Communications Installations. In the event that Tenant’s Communications Installations interfere with the communications lines and/or equipment of Landlord or any other tenant
of the Building, Tenant shall immediately take all actions reasonably required to stop such interference and shall reconfigure or remove any Communications Installations installed by or on behalf of Tenant in the Building which create or are related
to such interference. 
 ARTICLE X 

SIGNS 
 10.1
Landlord will list Tenant’s name in the Building directory. Tenant shall not paint, affix or otherwise display on any part of the exterior or interior of the Building any sign, advertisement or notice except as provided herein. Tenant may
install, at Tenant’s sole cost and risk, a Tenant identification sign of no more than fifty (50) square feet on the fourth (4th) floor exterior wall of the Building on the side of
the Building facing Route 7. All aspects of such signage, including without limitation the exact physical location of the sign on the exterior and the lettering thereof, shall be subject to Landlord’s prior review and approval which shall not
be unreasonably withheld, conditioned or delayed and any such sign must comply in all aspects with all applicable governmental laws, rules, ordinances and regulations. Tenant shall install such sign, if at all, not later than six months following
the Rent Commencement Date. Tenant shall remove such exterior sign at Tenant’s cost and risk if required by Landlord during any maintenance or remodeling of the Building. Tenant shall insure, maintain in good condition and repair (and replace
as reasonably determined by Landlord) such sign. Upon the expiration or earlier termination of the Lease Term, Tenant shall remove such exterior sign and repair any damage attributable to such sign or its removal, all at Tenant’s cost. Tenant
shall illuminate such exterior sign 24 hours a day, 7 days per week. 

  
 12. 

 ARTICLE XI 

SECURITY DEPOSIT 
 11.1
Tenant shall deliver the Security Deposit when Tenant executes this Lease. Landlord shall not be required to pay interest on the Security Deposit or to maintain the Security Deposit in a separate account. Within three (3) days after notice
of Landlord’s use of the Security Deposit to pay any delinquent amounts payable by Tenant hereunder, Tenant shall restore the Security Deposit to its prior amount. Within forty-five (45) days after the expiration or earlier termination of
the Lease Term, Landlord shall return the Security Deposit less such portion thereof as Landlord may have used to satisfy Tenant’s obligations. If Landlord transfers the Security Deposit to a transferee of the Building or Landlord’s
interest therein, then such transferee (and not Landlord) shall be liable for its return. 
 ARTICLE XII 

HOLDING OVER 
 12.1
Tenant acknowledges that it is extremely important that Landlord have substantial advance notice of the date Tenant will vacate the Premises because Landlord will (a) require an extensive period to secure a replacement tenant, and
(b) plan its entire leasing and renovation program for the Building in reliance on its lease expiration dates. If the Premises are not surrendered at the expiration or earlier termination of Tenant’s right of possession, then it will be
conclusively presumed that the value of possession, and the resulting loss that will be suffered by Landlord, far exceed the Base Rent and additional rent that would have been payable had the Lease Term continued during such holdover period.
Therefore if upon the expiration or earlier termination of Tenant’s right of possession Tenant (or anyone claiming through Tenant) does not surrender immediately the Premises (or portion thereof), then the rent shall be increased to 125% of the
Base Rent, additional rent and other sums that would have been payable pursuant to the provisions of this Lease (assuming the Lease Term for the entire Premises had continued during such holdover period) for the first month of such holdover period,
150% of the Base Rent, additional rent and other sums that would have been payable pursuant to the provisions of this Lease (assuming the Lease Term for the entire Premises had continued during such holdover period) for each of the second and third
months of such holdover period, and 200% of the Base Rent, additional rent and other sums that would have been payable pursuant to the provisions of this Lease (assuming the Lease Term for the entire Premises had continued during such holdover
period) for each month thereafter. Such rent shall be computed on a monthly basis and shall be payable on the first day of such holdover period and the first day of each calendar month thereafter during such holdover period until the Premises have
been vacated. 
 ARTICLE XIII 

INSURANCE 
 13.1
Tenant shall not conduct any activity or place any item in or about the Building which may violate the requirements or increase the rate of any insurance covering the Building. If any increase in such rate is due to any such activity or item,
then (whether or not Landlord has consented to such activity or item) Tenant shall pay such increase. The statement of any insurance company or insurance rating or similar organization that such an increase is due to any such activity or item shall
be conclusive evidence thereof. 

  
 13. 

 13.2 Tenant shall maintain throughout the Lease Term with a company licensed to do
business in the jurisdiction in which the Building is located, approved in writing by Landlord and having a rating equal to or exceeding A:Xl in Best’s Insurance Guide (a) broad form commercial general liability insurance (written on an
occurrence basis and including contractual liability coverage insuring Tenant’s obligations pursuant to Section 15.2, premises and operations, broad form property damage and independent contractors coverages, and an endorsement for
personal injury), and (b) special form property insurance. Such liability insurance shall be in minimum amounts typically carried by prudent tenants engaged in similar operations, but in no event shall be in an amount less than two million
dollars ($2,000,000) combined single limit per occurrence. Such property insurance shall be in an amount not less than that required to replace all Alterations and all other contents of the Premises. All such insurance (except for coverage of
Tenant’s personal property contents in the Premises) shall name Landlord (and, at Landlord’s option, its partners, members, employees and building manager) and the holder of any Mortgage as additional insureds, contain an endorsement that
such insurance shall remain in full force and effect notwithstanding that the insured may have waived its claims against any person prior to the occurrence of a loss, provide that the insurer waives all right of recovery by way of subrogation
against Landlord, its partners, agents and employees, be primary and noncontributory, and contain a provision prohibiting cancellation, failure to renew, reduction in amount or a material change of coverage (1) as to the interests of Landlord
or the holder of any Mortgage by reason of any act or omission of Tenant, and (2) without the insurer’s giving Landlord thirty (30) days’ prior written notice of such action. Tenant shall deliver a certificate of such insurance
and receipts evidencing payment of the premium for such insurance (and, upon request, copies of all required insurance policies, including endorsements and declarations) to Landlord on or before the Lease Commencement Date and at least annually
thereafter. Landlord reserves the right to reasonably increase from time to time the minimum amounts of insurance Tenant is required to maintain, provided, however, that any such increase shall conform to then existing generally-accepted market
practices for leases of the type, size, term and location of this Lease. 
 13.3 Landlord shall procure and maintain
throughout the Lease Term (a) “all risk” insurance for the Building, including the Premises, which insurance shall be written on a replacement cost basis, if obtainable and practical; otherwise, in an amount equal to the full
reasonable insurable value of the Building, including the Premises (but excluding coverage for Tenant’s business personal property and excluding general liability insurance coverage for the Premises, each of which coverages shall be maintained
by Tenant), which insurance shall be adjusted annually to reflect any increases in such insurable value; (b) rent or use and occupancy insurance against loss of rents to Landlord or damage resulting from a casualty in an amount equal to six
(6) months’ requirement of the rent; and (c) general public liability insurance against claims for personal injury, death or property damage occurring upon, in or about the Building and all common areas, with limits of not less than
Two Million Dollars ($2,000,000) in respect to injury or death of a single person, Two Million Dollars ($2,000,000) in respect of any one occurrence, and One Hundred Thousand Dollars ($100,000) in respect of property damage. The cost of premiums for
the insurance coverage required under this subsection shall be included in Operating Charges under Article V of this Lease. 

  
 14. 

 ARTICLE XIV 

SERVICES AND UTILITIES 

14.1 Landlord will furnish to the Premises air-conditioning and heating during the seasons they are required in Landlord’s
reasonable judgment. Landlord will provide: janitorial service on Monday through Friday (excluding holidays); electricity; water; elevator service; and exterior window-cleaning service. The Building’s normal operating hours are 8:00a.m. to
6:00p.m. on Monday through Friday (excluding holidays) and 9:00a.m. to noon on Saturday (excluding holidays) and such other hours as Landlord determines. Except as otherwise specified herein, Landlord shall not be required to furnish services and
utilities beyond such hours. If Tenant requires air-conditioning or heating beyond such hours, then Landlord will furnish the same, provided Tenant gives sufficient advance notice of such requirement (not less than 24 hours advance notice) and pays
for same in accordance with Landlord’s then current schedule. Upon execution of this Lease, the current schedule is $50.00 per hour for the first hour and $35.00 per hour for each additional hour. 

14.2 Any piece of equipment existing or installed in the Premises having a name plate rating in excess of two kilowatts shall be deemed
as requiring excess electric current. Landlord shall have the right to either install submeters or check meters to record the electrical consumption by such piece of equipment, or cause an independent engineer to survey and determine such
consumption. Tenant shall pay the cost of any such survey and metering and installation, maintenance and repair thereof. Tenant shall pay Landlord (or the utility company, if direct service is provided by such company) for such consumption as shown
by such metering (or a flat monthly charge determined by the survey) based on the rates charged for such service by such company. This Section shall not apply to normal office equipment such as personal computers, copiers, televisions,
refrigerators, microwaves, VAV boxes with reheat coils and similar items but shall apply to supplemental air conditioning units. 

ARTICLE XV 
 LIABILITY OF
LANDLORD 
 15.1 Landlord, its employees and agents shall not be liable to Tenant, Invitees or any other person or entity for any
damage (including indirect and consequential damage), injury, loss or claim (including claims for the interruption of or loss to business) based on or arising out of any cause whatsoever (except to the extent caused by the gross negligence or
willful misconduct of Landlord, its employees and agents) for damages, including without limitation: repair to any portion of the Premises or the Building; interruption in the use of the Premises or any equipment therein; accident or damage
resulting from any use or operation (by Landlord, Tenant or any other person or entity) of elevators or heating, cooling, electrical, sewerage or plumbing equipment; termination of this Lease by reason of damage to or condemnation of the Premises or
the Building; fire, robbery, theft, vandalism, mysterious disappearance or any other casualty; actions of any other tenant of the Building or other person or entity; failure or inability to furnish or interruption in any utility or service specified
in this Lease; and leakage in any part of the Premises or the Building. If a condition exists which may be the basis of a claim of constructive eviction, then Tenant shall give Landlord written notice thereof and a reasonable opportunity to correct
such condition, and in the interim Tenant shall not claim that it has been constructively evicted but Tenant shall be entitled to a rent abatement in proportion to the portion of the 

  
 15. 

 
Premises rendered unusable thereby. Any property placed by Tenant or Invitees in or about the Premises or the Building shall be at the sole risk of Tenant, and (except to the extent caused by the
gross negligence or willful misconduct of Landlord, its employees and agents) Landlord shall not in any manner be responsible therefor. Any person receiving an article delivered for Tenant shall be acting as Tenant’s (not Landlord’s)
agent. For purposes of this Article, the term “Building” shall be deemed to include the Land. 
 15.2 Tenant shall
reimburse Landlord, its employees and agents for, and shall indemnify, defend upon request and hold them harmless from and against, all costs, damages, claims, liabilities, expenses (including attorneys’ fees), losses and court costs suffered
by or claimed against them, directly or indirectly, based on or arising out of, in whole or in part, (a) use and occupancy by Tenant of the Premises or the business conducted by Tenant therein, (b) any act or omission of Tenant or any
Invitee, (c) any material breach of Tenant’s obligations or warranties under this Lease, including failure to surrender the Premises upon the expiration or earlier termination of the Lease Term or (c) entry by Tenant or Invitees upon
the Land prior to the Lease Commencement Date. 
 15.3 Neither Landlord nor any successors or assigns of Landlord shall be
liable for any obligation or liability based on or arising out of any event or condition occurring during any period Landlord or such successor/assign was not the owner of the Building. If Landlord or such successor/assign transfers its interest in
the Building, then Tenant shall attorn to the transferee and execute, acknowledge and deliver within ten (10) business days after request any reasonable document submitted to Tenant to confirm the attornment. 

15.4 Tenant shall not have the right to offset, deduct or assert a counterclaim for any amount owed or allegedly owed to it, against
any payment to Landlord. Tenant’s sole remedy for recovery of such amount is to institute an independent action. 
 15.5
If Tenant is awarded a money judgment against Landlord or with respect to any breach of Landlord’s obligations, then recourse for satisfaction of such judgment shall be limited to execution against Landlord’s estate and interest in the
Building. No other asset of Landlord, any officer, director, partner or member of Landlord (collectively “Officer”) or any other person or entity shall be available to satisfy or subject to such judgment, nor shall any Officer or other
person or entity have personal liability for satisfaction of any claim or judgment against Landlord or any Officer. 
 ARTICLE XVI

 RULES 
 16.1
Tenant shall observe: the rules specified in Exhibit B; and any other reasonable and customary rule that Landlord may promulgate for the Building, provided notice thereof is given and such rule is not inconsistent with this Lease. Landlord shall
have no duty to enforce any provision of any other lease against any other tenant. Landlord shall not enforce the rules in a manner that unreasonably discriminates against Tenant. 

  
 16. 

 ARTICLE XVII 

DESTRUCTION 
 17.1
If the Premises are rendered totally or partially inaccessible or unusable by fire or other casualty, then Landlord shall, at its sole expense, diligently restore the Premises and the Building to substantially the same condition they were in
prior to such casualty, except that if in Landlord’s reasonable judgment such restoration cannot be completed within one hundred eighty (180) days after the occurrence of such casualty (taking into account the time needed for effecting a
settlement with any insurance company, removal of debris, preparation of plans and issuance of all required governmental permits), then either Landlord or Tenant shall have the right to terminate the Lease Term upon sixty (60) days prior
written notice provided: (i) by Landlord, within forty-five (45) days after the occurrence of such casualty, or (ii) by Tenant, within thirty (30) days following Tenant’s receipt of written notice from Landlord that the
restoration cannot be completed with one hundred eighty (180) days (which notice shall be provided by Landlord within thirty (30) days following the date of such casualty). If this Lease is not terminated pursuant to this Article, then
until such restoration of the Premises are substantially complete Tenant shall be required to pay the Base Rent for only the portion of the Premises that in Landlord’s reasonable judgment is usable for Tenant’s purposes while such
restoration is being made, except that if such casualty was caused by the act or omission of Tenant or an Invitee, then Tenant shall not be entitled to any rent reduction. After receipt of the insurance proceeds (including proceeds of any insurance
maintained by Tenant), Landlord shall restore the Premises and the Building, except that (a) if such casualty was caused by the act or omission of Tenant or an Invitee, then Tenant shall pay the amount by which such expenses exceed any property
insurance proceeds actually received by Landlord on account of such casualty, and (b) Landlord shall not be required to repair or restore any Alteration previously made by Tenant or any of Tenant’s trade fixtures, furnishings, equipment or
personal property. Anything to the contrary notwithstanding, Landlord shall have the right to terminate this Lease if (l) insurance proceeds are insufficient to pay the full cost of such restoration, (2) any Mortgage holder does not make
such proceeds available for such restoration, (3) zoning or other Laws do not permit such restoration, or (4) restoration costs exceed twenty-five percent (25%) of the Building’s replacement value. 

ARTICLE XVIII 

CONDEMNATION 
 18.1
If one-third or more of the Premises or occupancy thereof is condemned or sold under threat of condemnation (collectively “condemned”), then this Lease shall terminate on the day prior to the date title vests in the condemnor (the
“Vesting Date”). If less than such one-third is condemned, then this Lease shall continue in full force and effect as to the part of the Premises not condemned, except that as of the Vesting Date rent shall be reduced proportionately.

 18.2 All awards, damages and compensation paid on account of such condemnation shall belong to Landlord. Tenant assigns to
Landlord all rights thereto. Tenant shall not make any claim against Landlord or the condemnor for any portion thereof attributable to damage to the Premises, value of the unexpired portion of the Lease Term, leasehold improvements or severance
damages. The foregoing shall not prevent Tenant from pursuing a separate claim 

  
 17. 

 
against the condemnor for the value of movable furnishings and movable trade fixtures installed in the Premises solely at Tenant’s expense, relocation expenses and loss of tenant ‘s
goodwill, provided that such claim in no way diminishes any award, damages or compensation payable to Landlord. 
 ARTICLE XIX 

DEFAULT 
 19.1 An
Event of Default is (a) Tenant’s failure to make when due any payment of the Base Rent, additional rent or other amount, which failure continues for ten (10) days after written notice from Landlord, (b) Tenant’s breach of
any other covenant or warranty, which breach continues for thirty (30) days after written notice from Landlord or such longer period as may be reasonably necessary to cure the same if the breach is not capable of cure within thirty
(30) days, provided that such longer period shall not exceed a total of sixty (60) days following Landlord’s written notice, (c) an Event of Bankruptcy as specified in Article XX, or (d) Tenant’s dissolution or
liquidation. 
 19.2 This Lease is on the express condition that if an Event of Default occurs (even if prior to the Lease
Commencement Date), then this Section shall apply. Except as otherwise provided in this Section, Landlord’s obligations pursuant to this Lease shall cease and failure to perform such obligations shall not relieve Tenant from any obligation. If
an Event of Default occurs, Landlord shall have the right to terminate this Lease. In addition, to the extent permitted by applicable law, with or without terminating this Lease, Landlord may re-enter, terminate Tenant’s right of possession and
take possession of the Premises. The provisions of this Article shall operate as a notice to quit. Tenant waives any other notice to quit or of Landlord’s intention to re-enter the Premises or terminate this Lease. If necessary, Landlord may
proceed to recover possession of the Premises under applicable law, or by such proceedings, including re-entry and possession, as may be applicable and permitted by applicable law. Anything to the contrary in the foregoing notwithstanding, Landlord
shall not exercise its remedies set forth herein following an Event of Default until the matter of Tenant’s default has been Finally Determined by judicial proceeding. As used in this Section 19.2, a matter has been “Finally
Determined” when a judgment has been rendered by a court having jurisdiction that Tenant was in default of its obligations under this Lease and the time for appeal thereof has passed without an appeal having been taken. Landlord may relet the
Premises or any part thereof, alone or together with other space, for such term(s) (which may extend beyond the date on which the Lease Term would have expired but for any termination thereof) and on such terms and conditions (which may include
concessions) as Landlord, in its sole discretion, may determine, but Landlord shall not be liable for, nor shall Tenant’s obligations be diminished by reason of, Landlord’s failure to relet all or any portion of the Premises or collect any
rent due upon such reletting so long as Landlord’s failure to relet or collect rents is reasonable under the circumstances. Whether or not this Lease is terminated or any suit is instituted, Tenant shall be liable for: (a) the Base Rent,
additional rent, damages or other sums which may be due or sustained prior to such default, and for all costs, fees and expenses (including without limitation reasonable attorneys’ fees, brokerage fees, advertising expenses, expenses incurred
in placing the Premises in first-class rentable condition and reasonable concessions (based on then existing market conditions for leases with similar terms as those herein) granted by Landlord) incurred by Landlord in pursuit of its remedies and in
renting the Premises to others from time to time; and 

  
 18. 

 
(b) additional damages which at Landlord’s election shall be either: (1) an amount equal to the Base Rent and additional rent which would have become due from the date of Tenant’s
default through the expiration (or what but for any termination thereof would have been such expiration), less the amount of rental, if any, which Landlord receives during such period from others to whom the Premises may be rented (other than any
additional rent received as a result of any failure of such other person to perform any of its obligations), which amount shall be computed and payable in monthly installments, in advance, on the first day of each calendar month following
Tenant’s default and continuing until the expiration of the Lease Term (or what but for any termination thereof would have been such expiration); provided, however, that if at the time of any reletting of the Premises there exists other space
in the Building available for leasing, then the Premises shall be deemed the last space rented, even though the Premises may be relet prior to the date such other space is leased. Separate suits may be brought from time to time to collect any such
damages for any month(s) (and any such suit shall not in any manner prejudice Landlord’s right to collect any such damages for any subsequent month(s)) or Landlord may defer initiating any such suit until after the expiration of the Lease Term
(in which event such deferral shall not be construed as a waiver of Landlord’s rights as set forth herein and Landlord’s cause of action shall be deemed not to have accrued until the expiration of the Lease Term); or (2) an amount
equal to the present value (as of the date of Tenant’s default) of the Base Rent and additional rent due or which would have become due from time to time through the expiration of the Lease Term (or what but for any termination thereof would
have been such expiration), which liquidated and agreed final damages shall be payable to Landlord in a lump sum on demand. For purpose of this Section, present value shall be computed by discounting at a rate equal to one (1) whole percentage
point above the discount rate in effect (as of the date of payment) at the Federal Reserve Bank located in Richmond , Virginia. Landlord may bring suit to collect any such damages at any time after an Event of Default. Tenant waives any right of
redemption, re-entry or restoration of the operation of this Lease under any present or future law, including any such right which Tenant would otherwise have if Landlord obtains possession of the Premises after an Event of Default. Whether or not
the Lease Term and/or Tenant’s right of possession is terminated, Landlord shall have the right to terminate any renewal or expansion right and to withhold any consent or approval in its sole and absolute discretion. If Landlord is entitled, or
Tenant is required, pursuant to any provision hereof to take any action upon the termination of the Lease Term, then Landlord shall be entitled, and Tenant shall be required, to take such action also upon the termination of Tenant’s right of
possession. 
 19.3 The various rights and remedies reserved to Landlord, including those not specifically described herein, shall,
to the extent that the exercise of such right and/or remedy does not result in a duplicative recovery, be cumulative and shall be in addition to every other right or remedy provided for in this Lease or (except to the extent contrary to an express
term hereof) now or hereafter existing at law or in equity, and the exercise of the rights or remedies provided for in this Lease or now or hereafter existing at law or in equity shall not preclude the simultaneous or later exercise by Landlord of
any or all other rights and remedies. Landlord’s delay or failure to exercise or enforce any of Landlord’s rights or remedies or Tenant’s obligations shall not constitute a waiver of any such rights, remedies or obligations.
Landlord’s acceptance of any payment with knowledge of a breach shall not constitute a waiver of such breach. Landlord shall be deemed not to have granted any waiver unless such waiver is set forth expressly in an instrument signed by Landlord.
Any such waiver shall not be construed as a waiver of any matter except as specified therein. Neither Tenant’s payment of an amount less 

  
 19. 

 
than a sum due nor Tenant’s endorsement or statement on any check or letter accompanying such payment shall be deemed an accord and satisfaction. Notwithstanding any request or designation
by Tenant, Landlord may apply any payment received from Tenant to any payment then due. Landlord’s acceptance of any payment (including any payment pursuant to Section 12.1) shall be deemed not to constitute a waiver of any breach or
prejudice Landlord’s rights and remedies. Re-entry and acceptance of keys shall not be considered an acceptance of a surrender of this Lease. 

19.4 If more than one natural person and/or entity shall constitute Tenant, then the liability of each such person or entity shall be
joint and several. If Tenant is a general partnership or other entity the partners or members of which are subject to personal liability, then the liability of each such partner or member shall be joint and several. 

19.5 If Tenant fails to make any payment to any third party or to do any act required hereby to be made or done by Tenant, then
Landlord may, but shall not be required to, make such payment or do such act after reasonable prior notice to Tenant. Landlord’s taking such action shall not be considered a cure of such failure by Tenant or prevent Landlord from pursuing any
remedy it is otherwise entitled to in connection with such failure. If Landlord elects to take such action, then Tenant shall reimburse Landlord for such amounts together with interest at the Default Rate immediately upon demand. 

19.6 If Tenant fails to pay the Base Rent, additional rent or any other payment due Landlord by the date such payment is due (without
regard to any grace period specified in this Lease), then (without limiting Landlord’s rights and remedies) Tenant shall pay a late fee of five percent (5%) of the amount of such payment. Such payment shall bear interest at the Default
Rate from the date such payment was due to the date of payment. The Default Rate shall equal the rate per annum which is the greater of eighteen percent (18%) or five (5) whole percentage points above the prime rate published from time to
time in the Money Rates section of the Wall Street Journal or substitute prime rate reasonably designated by Landlord. 
 19.7
Intentionally Deleted. 
 19.8 If Landlord shall be in default hereunder, and if such default materially impairs Tenant’s use of
or operations in the Premises, Tenant shall so notify Landlord in writing and Landlord shall have a period of thirty (30) days following the date of receipt of such written notice to cure the default, or if such default is of a nature that it
cannot be cured in thirty (30) days, then Landlord shall have a reasonable period of time beyond such thirty day period to cure the default provided that Landlord is diligently pursuing such cure. In the event that Landlord does not cure the
default within the applicable cure period, Tenant shall notify Landlord in writing that Tenant intends to cure such default and Tenant shall have the right, but not the obligation, to cure such default for the account of Landlord, and any reasonable
amount paid by Tenant in so doing shall be deemed paid for the account of Landlord, Landlord agreeing to reimburse Tenant therefrom. If Landlord shall fail to reimburse Tenant within thirty (30) days of written demand for any amount paid for
the account of Landlord hereunder, such amount may be deducted by Tenant from the next or any succeeding payments of Base Rent provided, however, that Tenant shall not deduct any amount until the matter of Landlord’s default has been Finally
Determined by judicial proceeding. As used in this Lease, a matter has been “Finally 

  
 20. 

 
Determined” when a judgment has been rendered by a court having jurisdiction that Landlord was in default of those obligations of Landlord under this Lease for which Tenant claims
reimbursement and the time for appeal thereof has passed without an appeal having been taken. 
 ARTICLE XX 

BANKRUPTCY 
 20.1 An
Event of Bankruptcy is the occurrence with respect to Tenant, Guarantor or any other person liable for Tenant’s obligations hereunder, including without limitation any general partner of Tenant (“General Partner”) if Tenant is now or
hereafter a partnership, of any of the following: (a) such person’s becoming insolvent, as that term is defined in Title II of the United States Code (the “Bankruptcy Code”), or under the insolvency laws of any state (the
“Insolvency Laws”); (b) appointment of a receiver or custodian for any property of such person, or the institution of a foreclosure or attachment action upon any property of any such person which is not discharged within sixty
(60) days; (c) filing by such person of a voluntary petition under the provisions of the Bankruptcy Code or Insolvency Laws; (d) filing of an involuntary petition against such person as the subject debtor under the Bankruptcy Code or
Insolvency Laws, which either (1) is not dismissed within sixty (60) days after filing, or (2) results in the issuance of an order for relief against the debtor; (e) such person’s making or consenting to an assignment for
the benefit of creditors or a composition of creditors; (f) such person’s submitting (either before or after execution hereof) to Landlord any financial statement containing any intentional material inaccuracy or omission; or
(g) decrease by fifty percent (50%) or more of such person’s net worth below the net worth of such person as of the date hereof. 

20.2 After the commencement of a case (the “Case”) in which Tenant is the subject debtor under the Bankruptcy Code,
(a) Tenant or its trustee in bankruptcy (collectively “Trustee”) shall perform all of Tenant’s post-petition obligations under this Lease, and (b) if Landlord is entitled to damages
(including without limitation unpaid rent), then all such damages shall be entitled to administrative expense priority pursuant to Section 507(a)(l) of the Bankruptcy Code. If the Lease is assigned pursuant to the Bankruptcy Code, then the
assignee shall be deemed without further act to have assumed all of Tenant’s obligations under this Lease arising from and after such assignment and at Landlord’s request shall execute an instrument confirming such assumption. Trustee
shall not have the right to assume or assume and assign this Lease unless Trustee promptly (a) cures all defaults under this Lease, (b) compensates Landlord for damages incurred as a result of such defaults, (c) provides adequate
assurance of future performance on the part of Trustee as debtor in possession or Trustee’s assignee, and (d) complies with all other requirements of the Bankruptcy Code. If Trustee fails to assume or assign this Lease in accordance with
the requirements of the Bankruptcy Code within sixty (60) days after the initiation of the Case (or, if shorter, the shortest period of time in which Trustee may be required to so act), then Trustee shall be deemed to have rejected this Lease.
If this Lease is rejected or deemed rejected, then Landlord may exercise all rights and remedies available pursuant to Article XIX. Adequate assurance of future performance shall require (among other things) that the following minimum criteria be
met: (1) Tenant’s gross receipts in the ordinary course of business during the thirty (30) days preceding the Case must be greater than ten (10) times the next monthly installment of the Base Rent and additional rent;
(2) Both the average and median of Tenant’s monthly gross receipts in the ordinary course of business during the seven (7) months preceding the Case must be greater than ten (10) times the next

  
 21. 

 
monthly installment of the Base Rent and additional rent; (3) Trustee must pay its estimated pro rata share of the cost of all services performed or provided by Landlord (whether directly or
through agents or contractors and whether or not previously included as part of the Base Rent) in advance of the performance or provision of such services; (4) Trustee must agree that Tenant’s business shall be conducted in a first-class
manner, and that no liquidating sale, auction or other non-first-class business operation shall be conducted in the Premises; (5) Trustee must agree that the use of the Premises as stated in this Lease
shall remain unchanged and that no prohibited use shall be permitted; (6) Trustee must agree that the assumption or assumption or assignment of this Lease shall not violate or affect the rights of other tenants in the Building; (7) Trustee
must pay at the time the next monthly installment of the Base Rent is due, in addition to such installment, an amount equal to the monthly installments of the Base Rent and additional rent due for the next six (6) months thereafter, such amount
to be held as a security deposit; (8) Trustee must agree to pay immediately after Landlord draws on such security deposit the amount drawn; (9) Trustee must comply with all of Tenant’s obligations under this Lease; and (10) All
assurances of future performance specified in the Bankruptcy Code must be provided. 
 ARTICLE XXI 

SUBORDINATION 
 21.1
This Lease is subject and subordinate to the lien, provisions, operation and effect of all mortgages, deeds of trust, ground leases or other security instruments which may now or hereafter encumber the Building or the Land (collectively
“Mortgages”), to all funds and indebtedness intended to be secured thereby, and to all renewals, extensions, modifications, recastings or refinancings thereof, provided that Landlord shall use commercially reasonable efforts to obtain from
the Mortgagee under such Mortgage(s) a subordination, non-disturbance and attornment agreement (“SNDA”) on such Mortgagee’s standard form. The holder of a Mortgage to which this Lease is
subordinate shall have the right (subject to any required approval of the holder of any other Mortgage) at any time to declare this Lease to be superior to the lien, provisions, operation and effect of such Mortgage. 

21.2 At Landlord’s request Tenant shall execute promptly any requisite or appropriate document confirming such subordination.
Tenant waives the provisions of any statute or rule of law now or hereafter in effect which may give Tenant any right to terminate or otherwise adversely affect this Lease or Tenant’s obligations in the event any such foreclosure proceeding is
prosecuted or completed or in the event the Land, the Building or Landlord’s interest therein is transferred by foreclosure sale or by deed in lieu of foreclosure. If this Lease is not extinguished upon such transfer or by the transferee
following such transfer, then, at the request of such transferee, Tenant shall attorn to such transferee and shall recognize such transferee as landlord under this Lease. Upon such attornment such transferee shall not be (a) bound by any
payment of the Base Rent or additional rent more than one (1) month in advance, (b) bound by any amendment of this Lease made without the consent of the holder of each Mortgage existing as of the date of such amendment, (c) liable for
any breach, act or omission of any prior landlord, (d) subject to any offsets or defenses which Tenant might have against any prior landlord, or (c) liable for return of the Security Deposit unless such transferee actually receives the
Security Deposit. Within ten (10) days after receipt, Tenant shall execute, acknowledge and deliver any requisite or appropriate document submitted to Tenant confirming such attornment. 

  
 22. 

 21.3 If a (prospective or current) holder of a Mortgage requires that modifications to
this Lease be obtained, and provided that such modifications (a) are reasonable, (b) do not adversely affect Tenant’s use of the Premises as herein permitted, and (c) do not increase the rent and other sums to be paid by Tenant
after the Term hereof, or impose any additional monetary obligations upon Tenant or eliminate any rights or lease extension or expansion options of Tenant hereunder, then Landlord may submit to Tenant an amendment to this Lease incorporating such
modifications. Tenant shall execute, acknowledge and return such amendment within ten (10) days after receipt. 
 ARTICLE XXII

 QUIET ENJOYMENT 

22.1 If Tenant shall perform timely all of its obligations, then, subject to the provisions of this Lease, Tenant shall during the
Lease Term peaceably and quietly occupy and enjoy possession of the Premises without hindrance by Landlord, any successor in interest to Landlord, or anyone claiming through Landlord. 

22.2 Landlord reserves the right, subject to Tenant’s rights hereunder, to: (a) change the street address and name of the
Building; (b) change the arrangement and location of entrances, passageways, doors, doorways, corridors, elevators, stairs, restrooms or other public parts of the Building; (c) erect, use and maintain pipes, conduits and other equipment in
and through the Premises; (d) grant to anyone the exclusive right to conduct any particular business in the Building not inconsistent with the permitted use of the Premises; (e) use or lease exclusively the roof, sidewalks and other
exterior areas so long as such use or lease does not materially interfere with Tenant’s rights to use the roof; (f) resubdivide the Land or to combine the Land with other lands; (g) construct improvements on the Land and in the public
and common areas of the Building; (h) relocate any parking area designated for Tenant’s use and charge for permits to park in the underground garage (except to the extent Tenant is entitled to free parking permits as set forth herein);
(i) display signs, advertisements and notices on any part of the exterior or interior of the Building; and (ii) make alterations to the Premises after Tenant vacates the Premises or portion thereof and without relieving Tenant of its
obligation to pay rent through the expiration of the Lease Term. Exercise of any such right shall not be considered a constructive eviction or a disturbance of Tenant’s business or occupancy. In exercising such rights, Landlord shall make
commercially reasonable efforts to minimize the disturbance of Tenant’s use and enjoyment of the Premises. 
 ARTICLE XXIII

 PARKING 

23.1 At Tenant’s request Landlord shall make available to Tenant and its employees, at no additional cost or expense, monthly
parking permits at a ratio of three permits for each 1,000 square feet of rentable area in the Premises for the parking of a standard-sized automobiles on the P1 and P2 levels of the garage in the Building (the “Garage”). In addition,
Tenant will be entitled to use three reserved spaces on the third floor exterior parking deck at no cost to Tenant during the initial Lease Term except that Tenant will pay the cost of reserved signage for such spaces. Tenant shall be permitted to
purchase additional parking permits to the extent parking space is available in the Building. The charge for such additional permits shall be the prevailing 

  
 23. 

 
rate charged from time to time by Landlord or the Garage operator (currently $55.00 per permit on the P1 and P2 levels, $45.00 per permit on the deck level, and $75.00 per permit on the lobby
level). Monthly permits for the parking of automobiles in reserved or unreserved spaces in the Garage or third floor parking deck may be purchased on a monthly basis based on availability. The foregoing notwithstanding, Landlord does not guarantee
the availability of any permits to Tenant during the second or any subsequent month of the Lease Term if and to the extent that Tenant docs not purchase such monthly permits during the first month and each subsequent month of the Lease Term. 

ARTICLE XXIV 
 GENERAL
PROVISIONS 
 24.1 Tenant acknowledges that neither Landlord nor any broker, agent or employee of Landlord has made any
representation or promise with respect to the Premises or the Building except as expressly set forth herein, and no right is being acquired by Tenant except as expressly set forth herein. This Lease contains the entire agreement of the parties and
supersedes all prior agreements, negotiations, letters of intent, proposals, representations, warranties and discussions between the parties. This Lease may be changed in any manner only by an instrument signed by both parties. 

24.2 Nothing contained herein shall be construed as creating a relationship between the parties other than that of landlord and
tenant. 
 24.3 Each party warrants that in connection with this Lease it has not employed or dealt with any broker, agent or
finder other than the Broker(s) whose commissions shall be paid by Landlord pursuant to a separate agreement. 
 24.4 From
time to time but not more than two (2) times per year upon ten (10) business days’ prior written notice, Tenant and each subtenant and assignee of Tenant shall execute, acknowledge and deliver to Landlord and its designees a written
statement certifying: (a) that this Lease is unmodified and in full force and effect (or that this Lease is in full force and effect as modified and stating the modifications); (b) the dates to which rent and any other charges have been
paid; (c) that, to Tenant’s knowledge, Landlord is not in default in the performance of any obligation (or specifying the nature of any default); (d) the address to which notices are to be sent; (e) that this Lease is subordinate
to all Mortgages of which Tenant has knowledge; (f) that Tenant has accepted the Premises and all work therefor has been completed (or specifying the incomplete work); and (g) such other matters as Landlord may reasonably request. Any such
statement may be relied upon by any owner of the Building or the Land, any prospective purchaser of the Building or the Land, any holder or prospective holder of a Mortgage or any other person or entity. Time is of the essence to the delivery of
such statements. Tenant’s failure to deliver timely such statements may cause substantial damages resulting from, for example, delays in obtaining financing secured by the Building. If any such statement is not delivered timely by Tenant, then
all matters contained in such statement shall be deemed true. 
 24.5 LANDLORD, TENANT, GUARANTORS AND GENERAL PARTNERS WAIVE
TRIAL BY JURY IN ANY ACTION, CLAIM OR COUNTERCLAIM BROUGHT IN CONNECTION WITH ANY MATTER ARISING OUT OF OR IN ANY WAY CONNECTED 

  
 24. 

 
WITH THIS LEASE, THE LANDLORD-TENANT RELATIONSHIP, TENANT’S USE OR OCCUPANCY OF THE PREMISES OR ANY CLAIM OF INJURY OR DAMAGE. Tenant, Guarantors and General Partners consent to service of
process relating to any such action at the Premises; provided, however, that nothing herein shall be construed as requiring such service at the Premises. Landlord, Tenant, all Guarantors and all General Partners waive any objection to the venue of
any action filed in any court situated in the jurisdiction in which the Building is located and waive any right under the doctrine of forum non conveniens or otherwise to transfer any such action to any other court. 

24.6 Any notice or other required communication shall be in writing and deemed duly given when delivered in person (with receipt
therefor) or sent (postage prepaid, return receipt requested) by Federal Express, other overnight courier, or certified mail, to the following addresses: (a) if to Landlord, 8150 Leesburg Pike, Suite 1100, Vienna, Virginia 22182; or (b) if
to Tenant, at the Tenant Address for Notices. A party may change its address by notice given in accordance with this Section. If Landlord or the holder of any Mortgage notifies Tenant that a copy of each notice to Landlord shall be sent to such
holder at a specified address, then Tenant shall give (in the manner specified in this Section and at the same time such notice is given to Landlord) a copy of each such notice to such holder, and no such notice shall be considered duly given unless
such copy is so given to such holder. If Tenant claims that Landlord has breached any obligation, then Tenant shall give such holder notice specifying the breach and permit such holder a reasonable opportunity (not less than sixty (60) days) to
cure the breach. Such holder’s curing of Landlord’s default shall be deemed performance by Landlord. 
 24.7 Each
provision shall be valid and enforceable to the fullest extent permitted by law. If any provision or its application to any person or circumstance shall be in valid or unenforceable to any extent (e.g., an interest rate is usurious), then such
provision shall be deemed to be replaced by the valid and enforceable provision most substantively similar thereto (e.g., the highest non-usurious interest rate) and the remainder of this Lease and the application of such provision to other persons
or circumstances shall not be affected. 
 24.8 Headings are used for convenience and shall not be considered in construing
this Lease. Gender appropriate pronouns and plural or singular forms shall be substituted as the context may require. This Lease may be executed in multiple counterparts, each of which is deemed an original and all of which constitute one and the
same document. 
 24.9 This Lease shall be binding upon and inure to the benefit of each party and its successors and assigns,
subject to the provisions restricting assignment or subletting. 
 24.10 Tenant shall permit Landlord and its designees to
enter the Premises upon reasonable prior notice (except in case of an emergency), without rent abatement, to inspect and exhibit the Premises and make such alterations and repairs as Landlord deems necessary. 

24.11 This Lease shall be governed by the laws of the Commonwealth of Virginia. 

24.12 The submission to Tenant of correspondence or an unsigned copy of this document shall not constitute an offer or option to lease.
This Lease shall become effective only upon execution and delivery by both parties. 

  
 25. 

 24.13 Time is of the essence with respect to each obligation of Tenant. 

24.14 Landlord reserves the right to make changes to the Building’s plans and specifications, provided such changes do not alter
the Building’s character or materially, adversely affect Tenant’s rights hereunder and quiet enjoyment of the Premises. 

24.15 All amounts payable by Tenant shall be paid to Landlord by check (subject to collection) and delivered to the address to which
notices to Landlord are to be given or to such other party or such other address as Landlord may designate in writing. Except as otherwise specified, any amount owed by Tenant to Landlord, and any cost, expense, damage or liability incurred by
Landlord for which Tenant is liable, shall be considered additional rent payable pursuant to this Lease and paid by Tenant within ten (10) days after the date Landlord notifies Tenant of the amount thereof. 

24.16 Tenant’s liabilities existing as of the expiration or earlier termination of the Lease Term shall survive such expiration or
termination. 
 24.17 [Intentionally Deleted] 

24.18 If either party hereto is delayed or prevented from performing any obligation due to fire, act of God, governmental act or
failure to act, labor dispute, inability to procure materials or any cause beyond such party’s reasonable control (whether similar or dissimilar to the foregoing), then the time for performance shall be excused for the period of such delay or
prevention and extended for a period equal to the period of such delay or prevention. The foregoing notwithstanding, this Section shall not excuse any late payment or extend the Lease Term. 

24.19 Landlord’s review, approval and consent powers (including the right to review plans and specifications) are for its benefit
only. Such review, approval or consent (or conditions imposed in connection therewith) shall be deemed not to constitute a representation concerning legality, safety or any other matter. Tenant waives any right to damages based upon Landlord’s
actually or allegedly wrongfully withholding or delaying any approval or consent. Tenant’s sole remedy therefor shall be a proceeding for specific performance, injunction or declaratory judgment. 

24.20 From time to time but not more than two (2) times per year upon ten (10) business days’ prior written notice,
Tenant shall submit such information regarding the financial condition of Tenant, each Guarantor and each General Partner as Landlord may reasonably request. Tenant warrants that all such information heretofore or hereafter submitted is and shall be
correct and complete. 
 24.21 Deletion of any printed, typed or other portion of this Lease shall not evidence an intention
to contradict such deleted portion. Such deleted portion shall be deemed not to have been inserted in this Lease. Interpretation of this Lease shall not be affected by any claim that this Lease has been prepared by either party. 

24.22 The person executing on Tenant’s behalf warrants due authorization to so act. 

  
 26. 

 24.23 Tenant shall receive sixty (60) access cards for entry to the Building and
parking garage at no cost. Replacement access cards or additional access cards may be provided by Landlord upon Tenant’s request and at Landlord’s standard charge. 

24.24 Upon the expiration of the lease by and between Landlord and Mary Ann Choby, DMD, MS (“Existing Tenant”), dated
October 27, 1999, for Suite 1401 (the “Suite 1401 Lease”) which is anticipated to occur on December 31, 2009 and subject to the vacation of such space by Existing Tenant, Tenant shall lease such space, consisting of approximately
1,071 square feet of rentable area (“Suite 1401”) and such space shall become a part of the Premises subject to all of the terms and conditions of the Lease as modified by this Section 24.24. The following terms and conditions shall
apply to the leasing of Suite 1401: 
 1. Base Rent per square foot of Suite 1401 for the period from the Suite 1401 Rent Commencement
Date through the end of the then current Lease Year for the Premises shall be the per square foot Base Rent then payable by Tenant for the Premises. Thereafter Base Rent for Suite 1401 shall be increased on the same day, in the same manner and using
the same percentage for increases in Base Rent as applicable to the Premises. 
 2. Payment of Base Rent for Suite 1401 shall commence on a
date which is the later of: (a) February 1, 2010, (b) the date the tenant improvements to Suite 1401 are substantially complete as certified by Landlord’s construction manager, and (c) the date Tenant commences beneficial
use of Suite 140, but in no event shall the payment of Base Rent for Suite 1401 commence later than sixty (60) days following the date Landlord notifies Tenant that the Existing Tenant has vacated Suite 1401 (the “Suite 1401 Rent
Commencement Date”) and shall terminate on the date the Lease Term otherwise terminates or expires by normal business operations therefrom. If the Suite 1401 Rent Commencement Date is not the first day of a month, then on the Suite 1401 Rent
Commencement Date, Tenant shall pay the Base Rent for the month in which the Suite 1401 Rent Commencement Date occurs, calculated at a daily rate of one-thirtieth (l/30th) of an installment of the
monthly Base Rent for such space. Anything to the contrary in the foregoing notwithstanding, Base Rent for the first four full calendar months following the Suite 1401 Rent Commencement Date shall be abated. 

3. Tenant shall construct such improvements to Suite 1401 as Tenant may require, including without limitation, the installation of bathrooms
and showers in Suite 1401 (“Suite 1401 Tenant Work”) at Tenant’s sole cost and expense, subject to the provisions of Article IX hereof. 

4. The improvements allowance for Suite 1401 (“Suite 1401 Allowance”) shall be equal to $26,775.00 (the product of the square footage
of rentable area of Suite 1401 times $25.00). If Tenant notifies Landlord not later than the Suite 1401 Rent Commencement Date that Tenant wishes to increase the Suite 1401 Allowance, then Landlord shall increase the Suite 1401 Allowance by $5.00
per rentable square foot of Suite 1401 provided that the Base Rent for Suite 1401 shall be increased by an amount equal to the product of $5.00 times the rentable square foot of Suite 1401 amortized at 10% over the remaining initial Lease Term. The
Suite 1401 Allowance shall be used for construction of improvements to Suite 1401, including, without limitation, design fees, construction management fees and permitting fees and a construction management fee paid to Landlord. Up to $5.00 per
rentable square foot of the Suite 

  
 27. 

 
1401 Allowance may be used for cabling, telephone, furniture and fixtures. Any Suite 1401 Allowance not spent or used by Tenant for the Suite 1401 Tenant Work by a date six months after the Suite
1401 Rent Commencement Date shall be applied to the payments of Base Rent next coming due under the Lease until used in full except that no portion of the increase in the Suite 1401 Allowance may be applied to Base Rent. If Tenant requests the
increase as provided above, the entire increased amount of the Improvements Allowance must be used for work and materials physically incorporated into the Premises. 

5. Upon the termination or expiration of the Lease Term, Tenant shall restore Suite 1401 to building shell condition, including without
limitation, the removal of all showers and bathrooms installed by or on behalf of Tenant in Suite 1401, and the restoration of such areas to shell condition. 

24.25 If Suite 1402 on the fourteenth (14th) floor of the Building and contiguous to the Premises (“Expansion Space”)
becomes available for lease, then Tenant shall have a first right to lease such space on the following terms and conditions. At such time as Landlord has received a letter of intent for the Expansion Space satisfactory to Landlord and the potential
tenant named therein which is executed by Landlord and such potential tenant (the “LOI”), Landlord shall notify Tenant in writing of such LOI and shall provide a copy of the LOI to Tenant (“Landlord’s Notice of LOI”). Tenant
shall have a period of five (5) days after receipt of Landlord’s Notice of LOI to give Landlord written notice that Tenant will lease such Expansion Space. If Landlord provides the Landlord’s Notice of LOI and Tenant properly and
timely gives Landlord notice that Tenant will lease such space during the initial eighteen (18) months of the Lease Term, then the terms and conditions upon which Tenant shall lease such Expansion Space shall be the terms and conditions of this
Lease modified as follows: (i) Base Rent per rentable square foot of the Expansion Space for the period from the Expansion Space Rent Commencement Date through the end of the then current Lease Year for the Premises shall be the then current
Base Rent per rentable square foot of the Premises being paid by Tenant (thereafter Base Rent for the Expansion Space shall be increased on the same day, in the same manner and using the same percentage for increases in Base Rent as applicable to
the Premises), (ii) Tenant will receive an improvements allowance of $25.00 per rentable square foot of the Expansion Space, and (iii) the first four (4) months of Base Rent due for the Expansion Space only shall be abated. If
following the last day of the eighteenth (18th) month of the initial Lease Term but prior to the first day of the thirty-sixth
(36th) month of the initial Lease Term Landlord provides the Landlord’s Notice of LOI and Tenant properly and timely gives Landlord notice that Tenant will lease such Expansion Space,
then the terms and conditions upon which Tenant shall lease such Expansion Space shall be the terms and conditions of this Lease modified as follows: (i) Base Rent per rentable square foot of the Expansion Space for the period from the
Expansion Space Rent Commencement Date through the end of the then current Lease Year for the Premises shall be the then current Base Rent per rentable square foot of the Premises being paid by Tenant (thereafter Base Rent for the Expansion Space
shall be increased on the same day, in the same manner and using the same percentage for increases in Base Rent as applicable to the Premises (ii) Tenant shall receive an improvements allowance of twenty dollars ($20.00) per rentable square
foot of the Expansion Space, and (iii) only the first two (2) months of Base Rent due for the Expansion Space shall be abated. With respect to the Improvements Allowance payable under (ii) above, Tenant may request an additional $5.00
per square foot of Improvements Allowance, and Landlord shall provide the same provided, however, that the Base Rent 

  
 28. 

 
otherwise payable for the Expansion Space shall increase by an amount equal to the product of (a) $5.00 times (b) the total rentable square footage of the Expansion Space amortized at
10% over the remaining initial Lease Term. No portion of an increase in the Improvements Allowance requested by Tenant under this Section 24.25 may be applied to Base Rent. All of the increase in the Improvements Allowance shall be used for
work and materials physically to the first day of the sixtieth (60th) month of the initial Lease Term, Landlord provides the Landlord’s Notice of LOI and Tenant properly and timely gives
Landlord notice that Tenant will lease the Expansion Space, then the terms and conditions upon which Tenant shall lease such Expansion Space shall be the terms and conditions of this Lease modified as follows: the Base Rent per rentable square foot
of the Expansion Space for the period from the Expansion Space Rent Commencement Date through the end of the then current Lease Year for the Premises shall be the Base Rent per rentable square foot that is then payable for the Premises (thereafter
Base Rent for the Expansion Space shall be increased on the same day, in the same manner and using the same percentage for increases in Base Rent as applicable to the Premises), there will be no improvement allowance paid to Tenant and there will be
no abatement of Base Rent. If Landlord provides the Landlord’s Notice of LOI and Tenant does not properly or timely give Landlord notice that Tenant will lease such Expansion Space or Tenant gives Landlord notice that Tenant will not lease such
Expansion Space, then Tenant shall have no further right hereunder to lease the Expansion Space, provided, however, that if Landlord and the prospective tenant (or an affiliate thereof) under the LOI do not execute a lease for the Expansion Space on
the terms set forth in such LOI or the economic equivalent of such terms within ninety (90) days following the date of Landlord’s Notice of LOI, then Tenant shall have one additional opportunity to exercise Tenant’s right to lease the
Expansion Space on the terms and conditions set forth herein. The Expansion Space is hereby agreed to be approximately 2,841 rentable square feet. The commencement of the Lease Term as to the Expansion Space (“Expansion Space Commencement
Date”) shall be the date Landlord receives Tenant’s written notice that Tenant elects to lease the Expansion Space and upon such date the Expansion Space shall become a part of the Premises. The Rent Commencement Date for the Expansion
Space shall be the earlier of (a) ninety (90) days after the Expansion Space Commencement Date and (b) the date Tenant commences beneficial use of the Expansion Space. If the Rent Commencement Date for the Expansion Space is not the
first day of a month, then on the Rent Commencement Date for the Expansion Space, Tenant shall pay the Base Rent for the month in which such Rent Commencement Date occurs, calculated at a daily rate of one-thirtieth (l/30th) of an installment of the monthly Base Rent for such Expansion Space. Within ten (10) days after Tenant’s notice to Landlord that Tenant is leasing the Expansion Space, Landlord and Tenant
shall execute an appropriate amendment to this Lease setting forth the terms and conditions of the lease of the Expansion Space. If an uncured Event of Default (i.e., a breach which has not been cured within the applicable grace period specified in
Section 19.1) exists on the date written notice is given to Tenant by Landlord that Tenant is leasing the Expansion Space or at any time thereafter prior to the date the Expansion Space is occupied by Tenant, then, at Landlord’s written
election, Tenant’s rights pursuant to this Section shall be of no further force or effect. Tenant shall receive an additional fifteen (15) access cards for entry to the Building and Parking Garage at no cost on the Expansion Space
Commencement Date. Replacement access cards or additional access cards shall be provided by Landlord upon Tenant’s request and at Landlord’s standard charge. If at any time thirty percent (30%) or more of the square feet of rentable
area of the Premises has been subleased or assigned, then at Landlord’s written election Tenant’s rights 

  
 29. 

 
pursuant to this Section shall be of no further force or effect. In the event Tenant leases the Expansion Space then Landlord agrees that Tenant will be permitted to eliminate all demising walls
on the 14th floor so that all space leased by Tenant is contiguous, and further in such event Tenant shall be permitted to renovate the rest rooms located on the 14th floor, in each case subject to Landlord’s approval of the design for such renovations, such approval not to be unreasonably conditioned, withheld or delayed. 

24.26 No Consequential or Indirect Damages. No party shall be liable hereunder for any consequential, indirect or punitive damages and
any claim therefor is hereby waived. 
 * * * * 

  
 30. 

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

							
	WITNESS:	 		 	LANDLORD:
			
		 		 	8150 LEESBURG PIKE, L.L.C.
				
		 		 	By:	 	8150 Leesburg Pike Manager, Inc.,
		 		 	Its:	 	Manager
				
	 /s/
	 		 	By:	 	 /s/ David A. Ross

		 		 	Title:	 	President
		 		 	Date:	 	4/23/2009
			
	WITNESS:	 		 	TENANT:
			
		 		 	ALARM.COM INCORPORATED
				
	 /s/ Daniel Ramos
	 		 	By:	 	 /s/ Stephen Trundle

		 		 	Title:	 	President & CEO
		 		 	Date:	 	4/21/2009

  
 31. 

 EXHIBIT A 

FLOOR PLAN 
  

 

 EXHIBIT B 

RULES 
 This Exhibit is a
part of that certain Deed of Lease dated as of April 21, 2009 (the “Lease”), between 8150 LEESBURG PIKE, L.L.C. (“Landlord”) and ALARM.COM
INCORPORATED (“Tenant”). 
 1. Tenant shall not obstruct or use for any purpose other than ingress and
egress to and from the Premises any sidewalk, entrance, passage, court, elevator, vestibule, stairway, corridor, hall or other part of the Building not exclusively occupied by Tenant. Landlord shall have the right to control and operate the public
portions of the Building and the facilities furnished for common use of the tenants, in such manner as Landlord deems best for the benefit of the tenants generally. Tenant shall not permit the visit to the Premises of persons in such numbers or
under such conditions as to interfere with the use and enjoyment of the entrances, corridors, elevators and other public portions or facilities of the Building by other tenants. Tenant shall coordinate in advance with Landlord’s property
management department all move-ins, move-outs and deliveries to the Building so that arrangements can be made to minimize such interference. Tenant and its employees shall not use any of the parking spaces designated for use by visitors only or the
roof. 
 2. Tenant shall not place any showcase, mat or other article in any common or public area of the Building. 

3. Tenant shall not use any water and wash closet or other plumbing fixture for any purpose other than that for which it was
constructed. Tenant shall not place any debris, rubbish, rag or other substance therein. 
 4. Tenant shall not use any loudspeaker
or sound system which may be heard outside the Premises. 
 5. Tenant shall not bring any bicycle, vehicle, animal, bird or pet of
any kind in to the Building. Tenant shall not do or perm it any cooking on the Premises, except for microwave cooking, hot dog and /or popcorn machine and use of coffee and/or soft drink machines by Tenant’s employees for their own consumption.
Tenant shall not install any microwave oven or coffee machine in the Premises without Landlord’s prior written approval of such equipment and its location within the Premises. Tenant shall not cause or permit any unusual or objectionable odor
to be produced upon or permeate from the Premises. 
 6. Tenant shall not use any space in the Building for the sale of goods
to the public at large or for the sale at auction of goods or property of any kind. 
 7. Tenant shall not place on a floor a
load exceeding the load which such floor was designed to carry. Landlord shall have the right to prescribe the weight, position and manner of installation of safes and other heavy items. Landlord shall have the right to repair at Tenant’s
expense any damage caused by Tenant’s moving property into or out of the Premises or due to the same being in or upon the Premises or to require Tenant to do the same. Tenant shall not receive into the Building or carry in the elevators any
furniture, equipment or bulky item except 

 
as approved by Landlord, and any such furniture, equipment and bulky item shall be delivered only through the designated delivery entrance of the Building and the designated freight elevator.
Tenant shall remove promptly from sidewalks adjacent to the Building items delivered for Tenant. 
 8. Tenant shall not place
additional locks or bolts of any kind on any door or window or make any change in any lock or locking mechanism without Landlord’s prior written approval. Tenant shall keep doors leading to common area closed (except for ingress or egress).
Upon the termination of its tenancy, Tenant shall deliver to Landlord all keys furnished to or procured by Tenant, and if any key so furnished is not delivered, then Tenant shall pay the replacement cost thereof. Tenant’s key system shall be
separate from that for the rest of the Building. 
 9. Tenant shall not install or operate in the Premises any equipment that
operates on greater than 2 kilowatt power without obtaining Landlord’s prior written consent which approval will not be unreasonably withheld. Landlord may condition such consent upon Tenant’s payment of additional rent in compensation for
the excess consumption of electricity or other utilities and for the cost of any additional wiring or apparatus that may be occasioned by such equipment in accordance with Section 14.1 of the Lease. Tenant shall not install any equipment of any
type or nature that will or may necessitate any changes, replacements or additions to, or changes in the use of, the water system, heating system, plumbing system, air-conditioning system or electrical system of the Premises or the Building, without
obtaining Landlord’s prior written consent, which consent may be granted or withheld in Landlord’s sole and absolute discretion. If any equipment of Tenant causes noise or vibration that may be transmitted to such a degree as to be
objectionable to Landlord or any tenant in the Building, then Landlord shall have the right to install at Tenant’s expense vibration eliminators or other devices sufficient to reduce such noise and vibration to a level satisfactory to Landlord
or to require Tenant to do the same. 
 10. Landlord may exclude from the Building any person who does not properly identify himself
to the Building manager on duty. Landlord may require any person admitted to or leaving the Building to register. 
 11.
Tenant shall not use the Premises for lodging. 
 12. Before closing and leaving the Premises at any time, Tenant shall turn off all
lights. 
 13. Tenant shall not request any employee of the building manager or Landlord to do anything outside of such
employee’s regular duties without Landlord’s prior written consent. Tenant’s special requirements will be attended to only upon application to Landlord. Tenant shall pay for any such special requirements in accordance with the
schedule of charges maintained by Landlord from time to time. Tenant shall not employ any employee of the building manager or Landlord for any purpose whatsoever without Landlord’s prior written consent. 

  
 2. 

 14. Canvassing, soliciting, peddling and loitering in or about the Building are
prohibited. Tenant shall cooperate to prevent the same. 
 15. Only hand trucks equipped with rubber tires and side guards may
be used in the Building. Tenant shall be responsible for loss or damage resulting from any delivery made by or for Tenant. 
 16.
Tenant shall comply with standards prescribed by Landlord for curtains, drapes, blinds, shades, screens, lights and ceilings, including standards designed to give the Building a uniform, attractive appearance. 

17. Drapes (whether installed by Landlord or Tenant) which are visible from the exterior of the Building shall be cleaned by Tenant at
least once a year at Tenant’s expense. 
 18. Landlord may, upon request of Tenant, waive Tenant’s compliance with
any of the rules. A waiver shall not (a) be effective unless signed by Landlord and delivered to Tenant, (b) relieve Tenant from the obligation to comply with such rule in the future unless otherwise agreed in writing by Landlord, or
(c) relieve Tenant from any liability for any loss or damage resulting from Tenant’s failure to comply with any rule. 

  
 3. 

 EXHIBIT C 

CONSTRUCTION RULES AND REGULATIONS 

8150 Leesburg Pike 

Vienna, VA 22182 
 1) General
Notes—Tenants must submit the following to 8150 Leesburg Pike, LLC c/o ARC Management LLC, 8150 Leesburg Pike, Suite 1100, Vienna, VA 22182: 
 Prior
to submission for building permit 
 Tenant must submit a full set of construction drawings including Architectural, Mechanical,
Electrical, & Plumbing sheets to ARC Management for review and approval. Modifications to any base building architectural, electrical, mechanical, or plumbing systems will not be permitted unless approved by ARC Management in writing
prior to the commencement of any work. 
 Prior to start of construction activity 

General contractor’s contact information including name of project superintendent 

Copy of the general contractor’s Virginia state license and bonding capacity. 

Subcontractor list including licensing information 
 Certificate
of Insurance issued by the general contractor’s insurer, naming 8150 Leesburg Pike, LLC, Inc. and ARC Management, LLC as additional “insured” with regards to the referenced job. 

Copy of Building Permit and approved plans issued Fairfax County and all subsequent trade permits, Mechanical, Electrical, Plumbing, and Sprinkler. 

2) A pre-construction meeting between ARC Management, the Tenant and the general contractor will be required prior to construction. Please call ARC Management
to schedule. ARC Management contacts are: 
 Building Engineer/ Dispatch—Felipe 703-761-9000 

Construction Project Manager—Lita Miller 703-760-9500 x151 

Property Manager—Randi Halavazis 703-761-9000 x125 
 3)
Tenant is responsible for activities conducted in and around the building on the Tenant’s behalf by contractors, laborers, third party vendors or others. Such activities shall include but not be limited to access to the building, parking,
storage, deliveries, trash removal, protection of common areas, loitering and securing the unit and common area doors and windows. 
 Tenant is responsible
for the adherence to these rules, regulations, and procedures by all personnel performing work on its behalf and any violations of these policies shall be enforced by the ARC Management at the sole cost and expense of the Tenant. 

 Violation of any of the following policies, by any Tenant or his representative, will be a violation and will
result in the removal of the offending parties or companies from the premises. 
 4) Operating Hours 

Normal business hours for the building are from 8:00AM to 5:00PM, Monday through Friday and 8:00AM to 1:00 PM, Saturday. No loud or disruptive construction
activity will be allowed in the building during these hours. Core drilling must be scheduled before 7:00AM or after 6:00PM and in advance with ARC Management. 

5) Elevator Use 
 Elevator use for construction purposes, i.e.
transporting personnel, tools and materials, shall be limited to non-business hours and only with prior written approval of ARC Management. It will be the Tenant’s responsibility to ensure that adequate protection for the elevator is installed
including floor, wall and ceiling protection to preserve interior finishes, doors, lighting and calls stations. Any damage to the elevator will be repaired at the Tenant’s sole cost and expense. 

6) Protection of Existing Installations 
 Tenant is responsible
for providing and maintaining adequate protection for all building common area including the parking lot, sidewalks, interior and exterior walls, stairwells, floors, carpets, furniture, fixtures, etc. Protection must be in place prior to start of
construction and subject to acceptance by the ARC Management. 
 7) Roof Penetration & HVAC installation, maintenance and repairs 

No roof work or access to the roof to install, maintain or repair HVAC equipment shall be performed without the prior written approval of ARC Management.
All work involving roof penetrations shall be performed by the base building roofing subcontractor. Please coordinate with ARC Management. Roof penetrations performed without the approval of ARC Management may result in voiding of the base
building warranty. If the roof warranty is voided due to negligence of the tenant the tenant shall be responsible for the sole cost and expense to reinstate or obtain a new warranty. Roof work, including the use of a crane to lift equipment and/or
materials to the roof shall be limited to non-business hours or as authorized by ARC Management. 
 8) Housekeeping 

Tenant is responsible for the removal of trash and debris generated by the interior construction of their premises. A haul off dumpster may be used only with
the prior written approval of ARC Management for such use and onsite placement. 
 The Tenant is responsible for maintaining both O.S.H.A. standards for the
job site and the cleanliness of the building. 

  
 2. 

 No debris will be left in the building or in areas surrounding it. All miscellaneous waste items such as sandwich
wrappers, waste foods, milk and soft drink containers, etc. are to be removed from the project immediately. 
 Under no circumstance is the building’s
housekeeping dumpster to be used for construction debris. 
 ARC Management reserves the right to charge the Tenant for day porter and trash removal
expenses as a result of Tenant’s failure to follow these housekeeping rules. 
 9) Facilities 

Tenant is responsible for providing lavatory facilities for all personnel involved in the construction of their interiors. 

10) Interruption of Building Services 
 Tenant will provide a
minimum of two (2) days prior notice to ARC Management of any work requiring either the temporary or permanent outage of any of the buildings utilities, such as water, gas, electric, telephone, etc. 

Tenant or their representatives will advise ARC Management of any testing or inspections of building systems such as fire alarm and sprinkler systems in their
unit. 
 ARC Management reserves the right to require re-scheduling of such work (including off hour performance) if it presents an undue burden on either
the building or its occupants. Additionally, Tenant is responsible for the notification and coordination of any Public Utility entities necessary to secure such an outage. 

11) Safety 
 It is the Tenant’s responsibility to assure
that the entire job site and all personnel working there maintain strict compliance with all O.S.H.A., Federal, State, and local regulations concerning worker safety. The Tenant or their representative is responsible for the notification of the
proper authorities and supervising organizations for the shut-down of the building’s fire alarm, sprinkler, or other “life safety” service. In no case will such “life safety” systems be left out-of-service over night without
the prior written approval of ARC 
 Management and any shut-down is subject to the requirements outlined in item 8 above. 

The storage or staging of equipment, tools or materials in common areas is strictly prohibited. 

12) Supervision 
 Tenant is responsible for providing an on-site
general supervisor. This person will be in attendance at all times when work is being performed. The supervisor will be able to answer questions pertaining to the project and be responsible for the compliance with the regulations outlined in this
document. Contact information for the Tenant’s established supervisor (including after-hours) will be furnished to ARC Management at the pre-construction meeting (item 2). 

  
 3. 

 13) Security 

Tenant is responsible for controlling access to the building and the behavior of all personnel operating on their behalf. The Tenant will be responsible for
providing access to and securing the building and unit. Access to the electric room, telephone closet, sprinkler room or another unit will be allowed only with prior written approval of ARC Management and subject to accompaniment by an ARC
representative. 
 Tenant is responsible for the security and protection of all materials stored on the job site. ARC Management and its representative are
not responsible for loss of equipment and material from the jobsite. 
 14) Conduct 

Tenant is responsible for the conduct of all individuals associated with the construction of their unit. Workmen are not to congregate in any occupied or
common area of the property for any reason other than the performance of work related to the construction of the unit. 
 15) Parking & Deliveries

 Tenant is responsible for minimizing the number of vehicles parked onsite by its general contractor and subcontractors. On-site parking will be allowed
with prior written approval and only in areas designated by Landlord. Overnight parking is strictly prohibited. Deliveries will be made to the rear lobby entrances or rear suite entry, if applicable. Deliveries are limited to drop off and pick up
only. Idling, extended blocking or obstruction of the building’s entrances and drive aisles is strictly prohibited. Delivery of construction materials such as drywall, metal studs, metal ductwork to upper floor units shall be made through a
window opening. The use of cranes and scissor lifts are allowed with the prior written approval of Landlord. All materials shall be delivered to the unit. Storage or staging of materials in common areas or outside the building is strictly
prohibited. 
 16) Tie-Ins 
 Access for utility &
life safety systems connection including sanitary, water, fire alarm, venting or fresh air tie in is allowed with prior written approval by ARC Management and work shall take place during non-business hours or as mutually agreed to by the adjacent
tenants affected by the work. Tie-ins to the base building fire alarm system must be contracted with Alarm Tech and coordinated with ARC Management. 

  
 4. 

 FIRST AMENDMENT TO DEED OR LEASE 

THIS FIRST AMENDMENT TO DEED OF LEASE
(this “First Amendment”) is made as of July 21, 2010, between 8150 LEESBURG PIKE, L.L.C. (“Landlord”) and ALARM.COM INCORPORATED
(“Tenant”). 
 WHEREAS, by Deed of Lease dated as of April 21, 2009 (the “Lease”), Tenant leased
from Landlord certain space in the building located at 8150 Leesburg Pike, Vienna, Virginia (the “Building”), as more particularly described in the Lease. 

NOW THEREFORE, the parties agree as follows: 

1. All capitalized terms used in this First Amendment that are not defined herein shall have the meanings assigned to such terms in the
Lease. 
 2. Expansion Space. 

(a) Pursuant to and in accordance with Section 24.25 of the Lease, Tenant has previously exercised its right to lease the Expansion
Space (i.e., Suite 1402 consisting of approximately 2,841 rentable square feet). 
 (b) The term “Expansion Space
Commencement Date” is the date of this First Amendment, and effective as of the Expansion Space Commencement Date: (i) Landlord hereby leases to Tenant and Tenant hereby lenses from Landlord the Expansion Space; and (ii) the term
“Premises” shall include the Expansion Space, and Tenant’s lease of the Expansion Space shall be subject to all the terms and conditions of the Lease, as modified hereby. 

(c) The Lease Term for the Expansion Space shall commence on the Expansion Space Commencement Date and shall expire as and when the
Lease Term for the initial Premises expires. 
 (d) The Rent Commencement Date for the Expansion Space shall be the earlier of
(a) ninety (90) days after the Expansion Space Commencement Date, and (b) the date Tenant commences beneficial use of the Expansion Space. Tenant shall be deemed to have commenced beneficial use of the Expansion Space when Tenant
begins normal business operations in the Expansion Space. If Tenant is in material breach of any obligation under the Lease or this Amendment, then at Landlord’s written election, Tenant shall not have any right to commence beneficial use of
the Expansion Space and Tenant’s rights pursuant to this Paragraph 2 (and Section 24.25 of the Lease) shall be of no further force or effect. If the Rent Commencement Date for the Expansion Space is not the first day of a month, then on
the Rent Commencement Date for the Expansion Space, Tenant shall pay the Base Rent for the month in which such Rent Commencement Date occurs, calculated at a daily rate of one-thirtieth (1/30th) of an installment of the monthly Base Rent for
such Expansion Space. 
 (e) Base Rent per rentable square foot of the Expansion Space for the period from the Rent
Commencement Date for the Expansion Space through the end of the then current Lease Year for the Premises shall be the then current Base Rent per rentable square foot of the 

 
Premises being paid by Tenant (thereafter Base Rent for the Expansion Space shall be increased on the same day, in the same manner and using the same percentage for increases in Base Rent as
applicable to the Premises), except that the first four (4) full calendar months of Base Rent due for the Expansion Space only shall be abated. 

(f) Landlord shall deliver and Tenant shall accept the Expansion Space in its “as is” condition as of the Expansion Space
Commencement Date, and Landlord is under no obligation to make any Alterations in or to the Expansion Space except as otherwise expressly provided in the Lease. 

(g) Landlord shall provide Tenant an allowance (the “Expansion Space Allowance”) of twenty-five dollars ($25.00) per rentable
square foot of the Expansion Space. The Expansion Space Allowance is provided in order to help Tenant finance the cost of tenant improvements to the Expansion Space (“Expansion Space Work”). As part of the Expansion Space Work, Tenant
shall be permitted: (i) to eliminate all demising walls on the 14th floor of the Building so that all space leased by Tenant on the 14th floor of the Building is contiguous; and (ii) to renovate the restrooms located on the 14th floor of
the Building; in each case subject to Landlord’s approval of the design for such renovations, such approval not to be unreasonably conditioned, withheld or delayed. Landlord shall have no duty to advance any portion of the Expansion Space
Allowance until Landlord has approved final working drawings for such Expansion Space Work, which approval shall not be unreasonably withheld, conditioned or delayed. The Expansion Space Allowance may be used for any portion of the Expansion Space
Work, including, but not limited to, build-out, design, drawings, and CD’s and a reasonable and customary construction management fee of one percent (1%) of total construction costs payable to Landlord, and up to $5.00 per rentable square
foot of the Expansion Space Allowance may be used to pay the costs of furniture, telecommunications equipment, cabling and wiring. Within thirty (30) days after the written request of Tenant, provided that at the time of Tenant’s written
request the Expansion Space Work is substantially complete, as certified by Tenant’s architect and verified by Landlord’s construction manager, Landlord shall reimburse Tenant for reasonable expenses incurred by Tenant to date in
constructing such Expansion Space Work to the extent of the Expansion Space Allowance, provided: (i) such request is accompanied by a copy of the invoice for such expenses; (ii) copies of all contracts, bills, vouchers, change orders and
other information relating to the expenses for which reimbursement is being sought as may be reasonably requested by Landlord shall be made available to Landlord by Tenant; (iii) the work and materials for which payment is requested are
substantially in accordance with the final working drawings approved by Landlord; (iv) the work and materials for which payment is requested have been physically incorporated into the Expansion Space, free of any security interest, lien or
encumbrance; and (v) Tenant has delivered to Landlord written, unconditional final waivers of mechanics’ and materialmen’s liens against the Expansion Space, the Premises and the Building from all contractors, subcontractors, laborers
and material suppliers. Notwithstanding anything above to the contrary, Landlord shall not be required to reimburse Tenant for any invoice received later than six (6) months following the Rent Commencement Date for the Expansion Space, and any
Expansion Space Allowance not spent for the Expansion Space Work or for which payment is not requested by such date by Tenant as aforesaid shall remain the property of Landlord. The Expansion Space Allowance must be used for work and materials
physically incorporated into the Expansion Space. 

  
 2. 

 (h) Tenant shall receive an additional fifteen (15) access cards for entry to the
Building and Garage at no cost within ten (10) days of the Expansion Space Commencement Date. Replacement access cards or additional access cards may be provided by Landlord upon Tenant’s request and at Landlord’s standard charge.

 3. Section 24.25 of the Lease is hereby deleted and shall be of no further force or effect. 

4. Each party represents and warrants that in connection with this Amendment it has not employed, hired, or dealt with any broker,
agent or finder other than Atlantic Realty Associates, Inc. and THOMAS & CO. REALTY ADVISORS LLC d/b/a Thomas & Co. 

5. Except as otherwise provided herein, the Lease shall remain in full force and effect. 

6. This Amendment may be executed in multiple counterparts, each of which shall constitute an original, and all of which, together,
shall constitute one and the same document. Faxed or emailed signatures will have the same binding effect as original signatures. 

[Signatures appear on the following page.] 

  
 3. 

 IN WITNESS WHEREOF, the parties have caused this
First Amendment to Deed of Lease to be executed as of the date first written above. 
  

			
	8150 LEESBURG PIKE, L.L.C.
		
	By:	 	8150 Leesburg Pike Manager, Inc.,
	Manager
		
	By:	 	 /s/ Stanley M. Barg

	Name:	 	Stanley M. Barg
	Title:	 	Chief Operating Officer
	
	ALARM.COM INCORPORATED
		
	By:	 	 /s/ Daniel Ramos

	Name:	 	Daniel Ramos
	Title:	 	Senior Vice President

  
 4. 

 SECOND AMENDMENT TO DEED OF LEASE 

THIS SECOND AMENDMENT TO DEED OF
LEASE (this “Second Amendment”) is made as of April 28, 2011, between 8150 LEESBURG PIKE, L.L.C. (“Landlord”) and ALARM.COM
INCORPORATED (“Tenant”). 
 WHEREAS, by Deed of Lease dated as of April 21, 2009, as amended by
First Amendment to Deed of Lease dated as of July 21, 2010 (collectively, the “Lease”), Tenant leased from Landlord certain space in the building located at 8150 Leesburg Pike, Vienna, Virginia (the “Building”), as more
particularly described in the Lease. 
 NOW THEREFORE, the parties agree as follows: 

1. All capitalized terms used in this Second Amendment that are not defined herein shall have the meanings assigned to such terms in
the Lease. 
 2. Expansion Space. 

(a) Suite 1000 is that certain suite of approximately five thousand five hundred forty-four (5,544) square feet of rentable area
shown on Exhibit 1. Suite 1020 is that certain suite of approximately one thousand nine hundred thirty-seven (1,937) square feet of rentable area shown on Exhibit 1. 

(b) The term “Suites 1000/1020 Commencement Date” is the date of this Second Amendment, and effective as of the Suite
1000/1020 Commencement Date: (i) Landlord hereby leases to Tenant and Tenant hereby leases from Landlord Suites 1000 and 1020; and (ii) the term “Premises” shall include Suites 1000 and 1020, and Tenant’s lease of Suites
1000 and 1020 shall be subject to all the terms and conditions of the Lease, as modified hereby. 
 (c) The Lease Term for
Suites 1000 and 1020 shall commence on the Suites 1000/1020 Commencement Date and shall expire as and when the Lease Term for the initial Premises expires. 

(d) The Rent Commencement Date for Suites 1000 and 1020 shall be the earlier of (a) ninety (90) days after the Suites
1000/1020 Commencement Date, and (b) the date Tenant commences beneficial use of Suites 1000 and 1020. Tenant shall be deemed to have commenced beneficial use of Suites 1000 and 1020 when Tenant begins normal business operations in Suites 1000
and 1020. If Tenant is in material breach of any obligation under the Lease or this Amendment, then at Landlord’s written election, Tenant shall not have any right to commence beneficial use of Suites 1000 and 1020 and Tenant’s rights
pursuant to this Paragraph 2 shall be of no further force or effect. If the Rent Commencement Date for Suites 1000 and 1020 is not the first day of a month, then on the Rent Commencement Date for Suites 1000 and 1020, Tenant shall pay the Base Rent
for the month in which such Rent Commencement Date occurs, calculated at a daily rate of one-thirtieth (1/30th) of an installment of the monthly Base Rent for Suites 1000 and 1020. 

 (e) Base Rent per rentable square foot of Suites 1000 and 1020 for the period from the
Rent Commencement Date for Suites 1000 and 1020 through the end of the then current Lease Year for the Premises shall be the then current Base Rent per rentable square foot of the Premises being paid by Tenant (thereafter Base Rent for Suites 1000
and 1020 shall be increased on the same day, in the same manner and using the same percentage for increases in Base Rent as applicable to the Premises), except that the first four (4) full calendar months of Base Rent due for Suites 1000 and
1020 only shall be abated. 
 (f) Landlord shall deliver and Tenant shall accept Suites 1000 and 1020 in its “as is”
condition as of Suites 1000/1020 Commencement Date, and Landlord is under no obligation to make any Alterations in or to Suites 1000 and 1020 except as otherwise expressly provided in the Lease. 

(g) Landlord shall provide Tenant an allowance (the “Suites 1000/1020 Allowance”) of twenty-five dollars ($25.00) per rentable
square foot of Suites 1000 and 1020. The Suites 1000/1020 Allowance is provided in order to help Tenant finance the cost of tenant improvements to Suites 1000 and 1020 (“Suites 1000/1020 Work”). As part of the Suites 1000/1020 Work, Tenant
shall be permitted to eliminate all demising walls in Suites 1000/1020 so that all space leased by Tenant in Suites 1000/1020 is contiguous; in each case subject to Landlord’s approval of the design for such renovations, such approval not to be
unreasonably conditioned, withheld or delayed. Landlord shall have no duty to advance any portion of the Suites 1000/1020 Allowance until Landlord has approved final working drawings for such Suites 1000/1020 Work, which approval shall not be
unreasonably withheld, conditioned or delayed. The Suites 1000/1020 Allowance may be used for any portion of the Suites 1000/1020 Work, including, but not limited to, build-out, design, drawings, and CD’s and a reasonable and customary
construction management fee of one percent (1%) of total construction costs payable to Landlord, and up to $5.00 per rentable square foot of the Suites 1000/1020 Allowance may be used to pay the costs of furniture, telecommunications equipment,
ca bling and wiring. Within thirty (30) days after the written request of Tenant, provided that at the time of Tenant’s written request the Suites 1000/1020 Work is substantially complete, as certified by Tenant’s architect and
verified by Landlord’s construction manager, Landlord shall reimburse Tenant for reasonable expenses incurred by Tenant to date in constructing such Suites 1000/1020 Work to the extent of the Suites 1000/1020 Allowance, provided: (i) such
request is accompanied by a copy of the invoice for such expenses; (ii) copies of all contracts, bills, vouchers, change orders and other information relating to the expenses for which reimbursement is being sought as may be reasonably
requested by Landlord shall be made available to Landlord by Tenant; (iii) the work and materials for which payment is requested are substantially in accordance with the final working drawings approved by Landlord; (iv) the work and
materials for which payment is requested have been physically incorporated into Suites 1000 and 1020, free of any security interest, lien or encumbrance; and (v) Tenant has delivered to Landlord written, unconditional final waivers of
mechanics’ and materialmen’s liens against Suites 1000 and 1020, the Premises and the Building from all contractors, subcontractors, laborers and material suppliers. Notwithstanding anything above to the contrary, Landlord shall not be
required to reimburse Tenant for any invoice received later than six (6) months following the Rent Commencement Date for Suites 1000 and 1020, and any Suites 1000/1020 Allowance not spent for the Suites 1000/1020 Work or for which payment is
not requested by such date by Tenant as aforesaid shall remain the property of Landlord. The Suites 1000/1020 Allowance must be used for work and materials physically incorporated into Suites 1000 and 1020. 

  
 2. 

 (h) Tenant shall receive an additional thirty (30) access cards for entry to the
Building and Garage at no cost within ten (10) days of the Suites 1000/1020 Commencement Date. Replacement access cards or additional access cards may be provided by Landlord upon Tenant’s request and at Landlord’s standard charge.

 3. Expansion Space. 

(a) Suite 1040 is that certain suite of approximately two thousand eight hundred twenty-seven (2,827) square feet of rentable area
shown on Exhibit 1. Suite 1050 is that certain suite of approximately one thousand seven hundred forty (1,740) square feet of rentable area shown on Exhibit 1. Suite 1070 is that certain suite of approximately two thousand nine hundred
twenty-nine (2,929) square feet of rentable area shown on Exhibit 1. 
 (b) Each of Suites 1040, 1050 and 1070 shall be
leased to Tenant on the same terms and conditions applicable to Suites 1000/1020 except that (1) delivery of such Suites shall not be prior to February 1, 2012, (2) the Rent Commencement Date for each such Suite shall be seventy-five
(75) days after the delivery of such Suite (or earlier if Tenant commences beneficial use earlier), (3) the abatement with respect to such Suites shall be two months, (4) the per square foot allowance with respect to such Suites shall
be twenty dollars ($20.00), (5) the total access cards for entry to the Building and Garage for such Suites shall be thirty (30), and (6) as part of the improvements to be performed by Tenant, Tenant shall also be allowed to renovate the
rest rooms located on the 10th floor of the building (subject to Landlord’s reasonable approval). 

4. Each party represents and warrants that in connection with this Amendment it has not employed, hired, or dealt with any broker,
agent or finder other than Atlantic Realty Associates, Inc. and UGL Equis. 
 5. Except as otherwise provided herein, the
Lease shall remain in full force and effect. 
 6. This Amendment may be executed in multiple counterparts, each of which shall
constitute an original, and all of which, together, shall constitute one and the same document. Faxed or emailed signatures will have the same binding effect as original signatures. 

[Signatures appear on the following page.] 

  
 3. 

 IN WITNESS WHEREOF, the parties have caused this
Second Amendment to Deed of Lease to be executed as of the date first written above. 
  

			
	8150 LEESBURG PIKE, L.L.C.
		
	By:	 	8150 Leesburg Pike Manager, Inc.,
	Manager
		
	By:	 	 /s/ Stanley M. Barg

	Name:	 	Stanley M. Barg
	Title:	 	Chief Operating Officer
	
	ALARM.COM INCORPORATED
		
	By:	 	 /s/ Daniel Ramos

	Name:	 	Daniel Ramos
	Title:	 	Senior Vice President

  
 4. 

 THIRD AMENDMENT TO DEED OF LEASE 

THIS THIRD AMENDMENT TO DEED OF LEASE
(this “Third Amendment”) is made as of January 10, 2012, between 8150 LEESBURG PIKE, L.L.C. (“Landlord”) and ALARM.COM INCORPORATED
(“Tenant”). 
 WHEREAS, by Deed of Lease dated as of April 21, 2009, as amended by First Amendment to Deed of
Lease dated as of July 21, 2010, and as amended by Second Amendment to Deed of Lease dated as of April 28, 2011 (collectively, the “Lease”), Tenant leases from Landlord certain space in the building located at 8150 Leesburg Pike,
Vienna, Virginia (the “Building”), as more particularly described in the Lease. 
 NOW THEREFORE,
the patties agree as follows: 
 1. All capitalized terms used in this Third Amendment that are not defined herein shall have the
meanings assigned to such terms in the Lease. 
 2. Tenant shall be permitted, at Tenant’s cost, to remove the existing
carpet in the elevator lobby area located on the 14th floor of the Building and install floor tile or carpet containing the Tenant’s name and logo, substantially in accordance with Exhibit 1
attached to this Amendment. If Tenant has not performed such removal and installation within six (6) months after the date of this Amendment, then at Landlord’s option, Tenant’s right to perform such removal and installation shall be
void and of no further force and effect. The provisions of Sections 8.1 and 9.4 of the Lease (including without limitation Tenant’s obligations to: maintain, repair and replace; perform in a good, work manlike manner; use new materials;
discharge liens; etc.) shall be applicable to such removal and installation. Prior to the earlier of: (a) the expiration or earlier termination of the Lease Term, or (b) the date Tenant fails to lease or occupy the entire 14th floor of the Building: Tenant shall at Tenant’s expense restore the elevator lobby area to a condition similar to the other elevator lobby areas located within the Building as of the date of
such restoration, as reasonably determined by Landlord (or, at Landlord’s option, Landlord may perform such restoration at Tenant’s expense). Tenant’s aforesaid duty to restore shall survive the expiration or earlier termination of
the Lease Term. 
 3. Each party represents and warrants that in connection with this Third Amendment it has not employed,
hired, or dealt with any broker, agent or finder. 
 4. Except as otherwise provided herein, the Lease shall remain in full
force and effect. 
 5. This Third Amendment may be executed in multiple counterparts, each of which shall constitute an original, and
all of which, together, shall constitute one and the same document. Faxed or emailed signatures will have the same binding effect as original signatures. 

 IN WITNESS WHEREOF, the parties have caused this
Third Amendment to Deed of Lease to be executed as of the date first written above. 
  

			
	8150 LEESBURG PIKE, L.L.C.
		
	By:	 	8150 Leesburg Pike Manager, Inc.,
	Manager
		
	By:	 	 /s/ Stanley M. Barg

	Name:	 	Stanley M. Barg
	Title:	 	Chief Operating Officer
	
	ALARM.COM INCORPORATED
		
	By:	 	 /s/ Daniel Ramos

	Name:	 	Daniel Ramos
	Title:	 	Senior Vice President

  
 2. 

 EXHIBIT 1 

Plans for Renovations 
  

 
 

 

 FOURTH AMENDMENT TO DEED OF LEASE 

THIS FOURTH AMENDMENT TO DEED OF
LEASE (this “Fourth Amendment”) is made as of June 5, 2012, between 8150 LEESBURG PIKE, L.L.C. (“Landlord”) and ALARM.COM INCORPORATED
(“Tenant”). 
 WHEREAS, by Deed of Lease dated as of April 21, 2009, as amended by First Amendment to Deed of
Lease dated as of July 21, 2010, and as amended by Second Amendment to Deed of Lease dated as of April 28, 2011, and as amended by Third Amendment to Deed of Lease dated as of January 10, 2012 (the “Third Amendment,” and all
of the foregoing, collectively, the “Lease”), Tenant leases from Landlord certain space in the building located at 8150 Leesburg Pike, Vienna, Virginia (the “Building”), as more particularly described in the Lease. 

NOW THEREFORE, the parties agree as follows: 

1. All capitalized terms used in this Fourth Amendment that are not defined herein shall have the meanings assigned to such terms in the
Lease. 
 2. (a) For purposes of Paragraph 3.b(1) of the Third Amendment, delivery of each of Suites 1040, 1050 and 1070 shall
be deemed to have occurred on February 1, 2012. 
 (b) For purposes of Paragraph 3.b(2) of the Third Amendment, the Rent
Commencement Date for each of Suites 1040, 1050 and 1070 shall be deemed to have occurred on April 16, 2012. 
 3. Each party
represents and warrants that in connection with this Fourth Amendment it has not employed, hired, or dealt with any broker, agent or finder other than UGL Services – Equis Operations. 

4. Except as otherwise provided herein, the Lease shall remain in full force and effect. 

5. This Fourth Amendment may be executed in multiple counterparts, each of which shall constitute an original, and all of which,
together, shall constitute one and the same document. Faxed or emailed signatures will have the same binding effect as original signatures. 

 IN WITNESS WHEREOF, the parties have caused this
Fourth Amendment to Deed of Lease to be executed as of the date first written above. 
  

			
	8150 LEESBURG PIKE, L.L.C.
		
	By:	 	8150 Leesburg Pike Manager, Inc.,
	Manager
		
	By:	 	 /s/ Stanley M. Barg

	Name:	 	Stanley M. Barg
	Title:	 	Chief Operating Officer
	
	ALARM.COM INCORPORATED
		
	By:	 	 /s/ Daniel Ramos

	Name:	 	Daniel Ramos
	Title:	 	Senior Vice President

  
 2. 

 FIFTH AMENDMENT TO DEE D OF LEASE 

THIS FIFTH AMENDMENT TO DEED OF LEASE
(this “Fifth Amendment”) is made as of December 7, 2012, between 8150 LEESBURG PIKE, L.L.C. (“Landlord”) and ALARM.COM INCORPORATED
(“Tenant”). 
 WHEREAS, by Deed of Lease dated as of April 21, 2009, as amended by First Amendment to Deed of
Lease dated as of July 21, 2010, and as amended by Second Amendment to Deed of Lease dated as of April 28, 2011, and as amended by Third Amendment to Deed of Lease dated as of January 10, 2012, and as amended by Fourth Amendment to
Deed of Lease dated as of June 5, 2012 (the “Fourth Amendment,” and all of the foregoing, collectively, the “Lease”), Tenant leased from Landlord certain space in the building located at 8150 Leesburg Pike, Vienna, Virginia
(the “Building”), as more particularly described in the Lease. 
 NOW THEREFORE, the parties agree
as follows: 
 1. All capitalized terms used in this Fifth Amendment that are not defined herein shall have the meanings assigned to
such terms in the Lease. 
 2. Expansion Space. 

(a) Commencing on the Suite 1210 Commencement Date (defined below), Landlord shall lease to Tenant and Tenant shall lease from Landlord
additional space on the twelfth (12th) floor of the Building containing approximately two thousand seven hundred twenty-three (2,723) square feet of rentable area shown on Exhibit 1
(“Suite 1210”). From and after the Suite 1210 Commencement Date, the term “Premises” shall include Suite 1210 (and shall contain a total of thirty-two thousand six hundred eighty-four [32,684] square feet of rentable area), and
Suite 1210 shall be subject to all terms and conditions of the Lease, as modified hereby. The Lease Term for Suite 1210 shall expire as and when the current Lease Term for the remainder of the Premises expires (i.e., August 31, 2016). 

(b) The “Suite 1210 Commencement Date” means the earlier of (i) the date the Landlord’s Suite 1210 Work (defined
below) is deemed substantially complete as reasonably determined by Landlord or Landlord’s architect, or (ii) the date Tenant commences beneficial use of Suite 1210. Tenant shall be deemed to have commenced beneficial use of Suite 1210
when Tenant begins normal business operations in Suite 1210. If Tenant is in material breach of any obligation under the Lease or this Fifth Amendment, then at Landlord’s written election until such breach has been cured, Tenant shall not have
any right to commence beneficial use of Suite 1210 and Tenant’s rights pursuant to this Paragraph 2 shall be of no further force or effect. Anything to the contrary contained in this Lease notwithstanding: (A) the substantial completion of
Landlord’s Suite 1210 Work and the delivery of Suite 1210 to Tenant is anticipated to occur on or about December 31 , 2012; provided, however, if Suite 1210 is not delivered by such date, then Landlord shall not have any liability
whatsoever, and this Fifth Amendment shall not be rendered voidable, on account thereof; (B) Tenant acknowledges that a portion of Suite 1210 (for the egress corridor referenced in Paragraph 2(c) below) is presently leased or otherwise occupied
by a tenant/occupant whose term has not expired or who has not yet vacated Suite 1210 (as may be applicable); (C) the delivery of Suite 1210 and the Suite 1210 Commencement Date are 

 
expressly subject to and contingent upon such tenant/occupant in fact vacating such portion of Suite 1210 and Landlord regaining lawful possession of the entirety of Suite 1210; and (D) if
any Law requires an occupancy or use permit for Suite 1210, then Landlord shall initially obtain such permit at Landlord’s cost and deliver a copy thereof to Tenant, and thereafter Tenant shall keep current such permit at Tenant’s cost.
The foregoing in this Section notwithstanding, if Suite 1210 is not delivered to Tenant in the condition required by this Amendment on or before April 30, 2013, then any time thereafter, Tenant and Landlord shall each have the right to
terminate this Lease upon thirty (30) days’ prior written notice to the non-terminating party (“Termination Notice”), and such right to terminate shall be Tenant’s sole and exclusive remedy; provided, however, if Landlord
delivers possession of the Premises to Tenant prior to the expiration of the aforesaid thirty (30) day period, then any such Termination Notice (whether delivered by Landlord or Tenant) shall be deemed withdrawn, and this Lease shall continue
in full force and effect. 
 (c) Suite 1210 shall be delivered by Landlord and accepted by Tenant in “as is” condition, and
Landlord is under no obligation to make any Alterations in or to Suite 1210; except that prior to the Suite 1210 Commencement Date, Landlord shall, at Landlord’s expense (all of the following in this sentence, collectively,
“Landlord’s Suite 1210 Work”), construct a slab-to-slab egress corridor within Suite 1210 for improved access to the common areas of the twelfth (12th) floor of the Building,
and make any lighting relocation, HVAC redistribution including smoke/fire dampers and any other Building system adjustment that may be required by applicable Laws as a result of building the new corridor. The foregoing Landlord’s Suite 1210
Work shall be accomplished using Building standard methods, materials and finishes. Within two (2) business days after Landlord’s request from time to time, Tenant shall provide any additional information and decisions pertaining to
Landlord’s Suite 1210 Work requested by Landlord, and if Tenant fails to respond within the time required, then Landlord may make such decisions pertaining to Landlord’s Suite 1210 Work on behalf of Tenant. Tenant’s taking possession
of Suite 1210 shall constitute acknowledgment that Suite 1210 is in good condition and that all Landlord’s Suite 1210 Work is satisfactory, except as to any defective or incomplete item that is described in a written notice given by Tenant to
Landlord not later than five (5) days after the day Tenant takes possession. Tenant shall have no right to make any Alteration in Suite 1210 until Tenant submits such notice. Within thirty (30) days after receiving Tenant’s notice (to
the extent reasonably practical in light of the defective or incomplete item), Landlord will correct and complete any defective or incomplete item described in such notice which Landlord’s architect or engineer confirms is in fact defective or
incomplete. 
 (d) From and after the Suite 1210 Commencement Date, Tenant shall pay to Landlord Base Rent for Suite 1210 based
on the then current Base Rent rate per square foot applicable to the remainder of the Premises (which, as of the date of this Fifth Amendment, is twenty-eight dollars [$28.00] per square foot of rentable area), and thereafter Base Rent for Suite
1210 shall be increased as and when Base Rent for the remainder of the Premises is increased. If the Suite 1210 Commencement Date occurs on a day other than the first day of a month, then the first installment of Base Rent for Suite 1210 shall be
prorated at a daily rate, using as the numerator the number of days in the month containing the Suite 1210 Commencement Date from and after (i.e., including) the Suite 1210 Commencement Date, and using as the denominator thirty (30) days. The
foregoing notwithstanding, the Base Rent for Suite 1210 for the first two (2) full calendar months after the Suite 1210 Commencement Date only shall be abated. 

  
 2. 

 (e) On the Suite 1210 Commencement Date, Tenant’s proportionate share (and all
charges based upon the rentable square footage of the Premises) shall be adjusted upward as provided for in the Lease (including, without limitation, as provided for in Sections 5.1(a) and 5.2(a) of the Lease). The foregoing notwithstanding,
Tenant’s obligation to pay Tenant’s proportionate share of Operating Charges and Real Estate Taxes with respect to Suite 1210 shall not commence until January 1, 2014 (and such obligation from the date of this Amendment through
December 31, 2013 shall be abated, but only with respect to Suite 1210). 
 (f) Tenant shall receive an additional twenty
(20) access cards for entry to the Building and Garage at no cost within ten (10) days of the Suite 1210 Commencement Date. Replacement access cards or additional access cards may be provided by Landlord upon Tenant’s request and at
Landlord’s standard charge. The foregoing and anything to the contrary contained in the Lease or this Fifth Amendment notwithstanding: (i) Tenant acknowledges that Tenant has received from Landlord access cards in excess of the three
(3) per one thousand (1,000) ratio set forth in the first sentence of Section 23.1 of the Lease (“Ratio”); and (ii) Landlord reserves the right, upon no less than thirty (30) days’ prior written notice to
Tenant, and only if required to provide adequate parking at the same Ratio to other tenants and occupants of the Building, to recapture access cards from Tenant that are in excess of the Ratio, and Tenant shall return such excess cards to Landlord
within ten (10) business days after receipt of such notice from Landlord. 
 3. Each party represents and warrants that in
connection with this Amendment it has not employed, hired, or dealt with any broker, agent or finder other than Atlantic Realty Associates, Inc. (representing Landlord) and DTZ (representing Tenant) (collectively, the “Amendment Brokers”).
Landlord agrees to pay the Amendment Brokers their respective commissions and/or fees in connection with this Amendment pursuant to one or more separate agreement(s) by and between Landlord and the Amendment Brokers. 

4. Except as otherwise provided herein, the Lease shall remain in full force and effect. 

5. This Amendment may be executed in multiple counterparts, each of which shall constitute an original, and all of which, together,
shall constitute one and the same document. Faxed or emailed signatures will have the same binding effect as original signatures. 

[Signatures appear on the following page.] 

  
 3. 

 IN WITNESS WHEREOF, the parties have caused this
Fifth Amendment to Deed of Lease to be executed as of the date first written above. 
  

			
	8150 LEESBURG PIKE, L.L.C.
		
	By:	 	8150 Leesburg Pike Manager, Inc.,
	Its:	 	Manager
		
	By:	 	 /s/ Stanley M. Barg

	Name:	 	Stanley M. Barg
	Title:	 	Chief Operating Officer
	
	ALARM.COM INCORPORATED
		
	By:	 	 /s/ Daniel Ramos

	Name:	 	Daniel Ramos
	Title:	 	Senior Vice President

  
 4. 

 EXHIBIT 1 

Suite 1210 

  
 

 

 SIXTH AMENDMENT TO DEED OF LEASE 

THIS SIXTH AMENDMENT TO DEED OF LEASE
(this “Sixth Amendment”) is made as of March 12, 2013, between 8150 LEESBURG PIKE, L.L.C. (“Landlord”) and ALARM.COM INCORPORATED
(“Tenant”). 
 WHEREAS, by Deed of Lease dated as of April 21, 2009, as amended by First Amendment to Deed of
Lease dated as of July 21, 2010, and as amended by Second Amendment to Deed of Lease dated as of April 28, 2011, and as amended by Third Amendment to Deed of Lease dated as of January 10, 2012, and as amended by Fourth Amendment to
Deed of Lease dated as of June 5, 2012, and as amended by Fifth Amendment to Deed of Lease dated as of December 7, 2012 (collectively, the “Lease”), Tenant leases from Landlord certain space in the building located at 8150
Leesburg Pike, Vienna, Virginia (the “Building”), as more particularly described in the Lease. 
 NOW
THEREFORE, the parties agree as follows: 
 1. All capitalized terms used in this Sixth Amendment that are not defined
herein shall have the meanings assigned to such terms in the Lease. 
 2. Tenant shall be permitted, at Tenant’s cost, to
remove the existing carpet in the elevator lobby area located on the 10th floor of the Building and install floor tile or carpet containing the Tenant’s name and logo, substantially in
accordance with Exhibit 1 attached to this Sixth Amendment. If Tenant has not performed such removal and installation within six (6) months after the date of this Sixth Amendment, then at Landlord’s option, Tenant’s right to perform
such removal and installation shall be void and of no further force and effect. The provisions of Sections 8.1 and 9.4 of the Lease (including without limitation Tenant’s obligations to: maintain, repair and replace; perform in a good,
workmanlike manner; use new materials; discharge liens; etc.) shall be applicable to such removal and installation. Prior to the earlier of: (a) the expiration or earlier termination of the Lease Term, or (b) the date Tenant fails to lease
or occupy the entire 10th floor of the Building; Tenant shall at Tenant’s expense restore the elevator lobby area to a condition similar to the other elevator lobby areas located within the
Building as of the date of such restoration, as reasonably determined by Landlord (or, at Landlord’s option, Landlord may perform such restoration at Tenant’s expense). Tenant’s aforesaid duty to restore shall survive the expiration
or earlier termination of the Lease Term. 
 3. Each party represents and warrants that in connection with this Sixth Amendment
it has not employed, hired, or dealt with any broker, agent or finder. 
 4. Except as otherwise provided herein, the Lease
shall remain in full force and effect. 
 5. This Sixth Amendment may be executed in multiple counterparts, each of which shall
constitute an original, and all of which, together, shall constitute one and the same document. Faxed or emailed signatures will have the same binding effect as original signatures. 

 IN WITNESS WHEREOF, the parties have caused this
Sixth Amendment to Deed of Lease to be executed as of the date first written above. 
  

			
	8150 LEESBURG PIKE, L.L.C.
		
	By:	 	8150 Leesburg Pike Manager, Inc.,
	Manager
		
	By:	 	 /s/ Stanley M. Barg

	Name:	 	Stanley M. Barg
	Title:	 	Chief Operating Officer
	
	ALARM.COM INCORPORATED
		
	By:	 	 /s/ Daniel Ramos

	Name:	 	Daniel Ramos
	Title:	 	Senior Vice President

  
 2. 

 EXHIBIT 1 

Plans for Renovations 
  

 
 

 

 SEVENTH AMENDMENT TO DEED OF LEASE 

THIS SEVENTH AMENDMENT TO DEED OF
LEASE (this “Amendment”) is made as of May 29, 2013, between 8150 LEESBURG PIKE, L.L.C. (“Landlord”) and ALARM.COM INCORPORATED
(“Tenant”). 
 WHEREAS, by Deed of Lease dated as of April 21, 2009, as amended by First Amendment to Deed of
Lease dated as of July 21, 2010, and as amended by Second Amendment to Deed of Lease dated as of April 28, 2011, and as amended by Third Amendment to Deed of Lease dated as of January 10, 2012, and as amended by Fourth Amendment to
Deed of Lease dated as of June 5, 2012, and as amended by Fifth Amendment to Deed of Lease dated as of December 7, 2012 (the “Fifth Amendment”), and as amended by Sixth Amendment to Deed of Lease dated as of March 12, 2013
(all of the foregoing, collectively, the “Lease”), Tenant leases from Landlord certain space in the building located at 8150 Leesburg Pike, Vienna, Virginia (the “Building”), as more particularly described in the Lease. 

NOW THEREFORE, the parties agree as follows: 

1. All capitalized terms used in this Amendment that are not defined herein shall have the meanings assigned to such terms in the
Lease. 
 2. The Fifth Amendment is hereby deleted in its entirety and shall be of no further force and effect. 

3. Expansion Space. 

(a) Commencing on the Suite 1210/1230 Commencement Date (defined below), Landlord shall lease to Tenant and Tenant shall lease from
Landlord additional space on the twelfth (12th) floor of the Building containing approximately: (i) three thousand six hundred sixty-six (3,666) square feet of rentable area shown
on Exhibit 1 (“Suite 1230”); and (ii ) two thousand seven hundred twenty-three (2,723) square feet of rentable area shown on Exhibit 1 (“Suite 1210,” and together with Suite 1230, collectively, “Suite 1210/1230”).
From and after the Suite 1210/1230 Commencement Date, the term “Premises” shall include Suite 1210/1230 (and shall contain a total of thirty-six thousand three hundred fifty [36,350] square feet of rentable area), and Suite 1210/1230 shall
be subject to all terms and conditions of the Lease, as modified hereby. The Lease Term for Suite 1210/1230 shall expire as and when the current Lease Term for the remainder of the Premises expires (i.e., August 31, 2016). 

(b) The “Suite 1210/1230 Commencement Date” means the earlier of (i) the date possession of Suite 1210/1230 is delivered
to (or refused by) Tenant, or (ii) the date Tenant commences beneficial use of Suite 1210/1230. Tenant shall be deemed to have commenced beneficial use of Suite 1210/1230 when Tenant begins normal business operations in Suite 1210/1230. If
Tenant is in material breach of any obligation under the Lease or this Amendment, then at Landlord’s written election until such breach has been cured, Tenants hall not have any right to commence beneficial use of Suite 1210/1230 and
Tenant’s rights pursuant to this Paragraph 3 shall be of no further force or effect. Anything to the contrary contained in this Lease notwithstanding, if any Law requires an occupancy or use permit for Suite 1210/1230, then Tenant shall
initially obtain such permit at Tenant’s cost and deliver a copy thereof to Landlord, and thereafter Tenant shall keep current such permit at Tenant’s cost. 

 (c) Suite 1210/1230 shall be delivered by Landlord and accepted by Tenant in “as
is” condition, and Landlord is under no obligation to make or pay for any Alterations in or to Suite 1210/1230; except that prior to the Suite 1210/1230 Commencement Date, Landlord shall remove from Suite 1210/1230 all of the prior
occupant’s moveable personal property (e.g., tables, chairs and other furnishings). At the end of the Lease Term, Tenant shall not be obligated to remove any Alterations from Suite 1210/1230 that exist at the time Landlord initially delivers
possession of Suite 1210/1230 to Tenant. 
 (d) From and after the Suite 1210/1230 Commencement Date, Tenant shall pay to
Landlord Base Rent for Suite 1210/1230 based on the then current Base Rent rate per square foot applicable to the remainder of the Premises (which, as of the date of this Amendment, is twenty-eight dollars [$28.00] per square foot of rentable area),
and thereafter Base Rent for Suite 1210/1230 shall be increased as and when Base Rent for the remainder of the Premises is increased. If the Suite 1210/1230 Commencement Date occurs on a day other than the first day of a month, then the first
installment of Base Rent for Suite 1210/1230 shall be prorated at a daily rate, using as the numerator the number of days in the month containing the Suite 1210/1230 Commencement Date from and after (i.e., including) the Suite 1210/1230 Commencement
Date, and using as the denominator thirty (30) days. The foregoing notwithstanding, the Base Rent for Suite 1210/1230 for the first two (2) full calendar months after the Suite 1210/1230 Commencement Date only shall be abated. 

(e) On the Suite 1210/1230 Commencement Date, Tenant’s proportionate share (and all charges based upon the rentable square footage
of the Premises) shall be adjusted upward as provided for in the Lease (including, without limitation, as provided for in Sections 5.1(a) and 5.2(a) of the Lease). The foregoing notwithstanding, Tenant’s obligation to pay Tenant’s
proportionate share of Operating Charges and Real Estate Taxes with respect to Suite 1210/1230 shall not commence until January 1, 2014 (and such obligation from the date of this Amendment through December 31, 2013 shall be abated, but
only with respect to Suite 1210/1230). 
 (f) Tenant shall receive an additional forty (40) access cards for entry to the
Building and Garage at no cost within ten (10) days of the Suite 1210/1230 Commencement Date. Replacement access cards or additional access cards may be provided by Landlord upon Tenant’s request and at Landlord’s standard charge. The
foregoing and anything to the contrary contained in the Lease or this Amendment notwithstanding: (i) Tenant acknowledges that Tenant has received from Landlord access cards in excess of the three (3) per one thousand (1,000) ratio set
forth in the first sentence of Section 23.1 of the Lease (“Ratio”); and (ii) Landlord reserves the right, upon no less than thirty (30) days’ prior written notice to Tenant, and only if required to provide adequate
parking at the same Ratio to other tenants and occupants of the Building, to recapture access cards from Tenant that are in excess of the Ratio, and Tenant shall return such excess cards to Landlord within ten (10) business days after receipt
of such notice from Landlord. 

  
 2. 

 4. Each party represents and warrants that in connection with this Amendment it has not
employed, hired, or dealt with any broker, agent or finder other than Atlantic Realty Associates, Inc. (representing Landlord) and DTZ (representing Tenant) (collectively, the “Amendment Brokers”). Landlord agrees to pay the Amendment
Brokers their respective commissions and/or fees in connection with this Amendment pursuant to one or more separate agreement(s) by and between Landlord and the Amendment Brokers. 

5. Except as otherwise provided herein, the Lease shall remain in full force and effect. 

6. This Amendment may be executed in multiple counterparts, each of which shall constitute an original, and all of which, together,
shall constitute one and the same document. Faxed or emailed signatures will have the same binding effect as original signatures. 

[Signatures appear on the following page.] 

  
 3. 

 IN WITNESS WHEREOF, the parties have caused this
Seventh Amendment to Deed of Lease to be executed as of the date first written above. 
  

			
	8150 LEESBURG PIKE, L.L.C.
		
	By:	 	8150 Leesburg Pike Manager, Inc.,
	Its:	 	Manager
		
	By:	 	 /s/ Stanley M. Barg

	Name:	 	Stanley M. Barg
	Title:	 	Chief Operating Officer
	
	ALARM.COM INCORPORATED
		
	By:	 	 /s/ Daniel Ramos

	Name:	 	Daniel Ramos
	Title:	 	Senior Vice President

  
 4. 

 EXHIBIT 1 

Suite 1230

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