Document:

EX-10.3(b)

 EXHIBIT 10.3(b) 

ALTERNATIVE INVESTMENT 

SELLING AGENT AGREEMENT 

This Alternative Investment Selling Agent Agreement (“Agreement”) is dated as of November 12, 2013, by and among each of the
limited partnerships listed on Schedule 1 hereto (each, a “Partnership,” and together, the “Partnerships”), Ceres Managed Futures LLC, a Delaware limited liability company (the “General Partner”), and Morgan
Stanley Smith Barney LLC, a Delaware limited liability company, currently doing business as Morgan Stanley Wealth Management (“MSSB”). Partnerships may be added to this Agreement upon the agreement of the General Partner and MSSB. The
listing of such partnership on Schedule 1 hereto shall be evidence of such agreement. This Agreement supersedes all prior agreements between each Partnership, MSSB and the General Partner. 

WHEREAS, the offering and sale of units of limited partnership or other interests in the Partnerships (“Interests” or
“Units”) in accordance with the terms of each Partnership’s private placement offering memorandum and disclosure document, including any supplements thereto approved by the applicable Partnership (each, a “Memorandum”), each
Partnership’s subscription/exchange agreements (the “Subscription Agreements”) and certain other investor materials or supplements approved for use or prepared by each Partnership, including without limitation the summary information
contained in certain related marketing materials, all as amended from time to time (collectively, the “Offering Documents”), and each Partnership’s organizational documents (as amended or supplemented from time to time,
“Organizational Documents”) (collectively, “Offering Materials”) is exempt from the registration requirements of the Securities Act of 1933, as amended (“Securities Act”), pursuant to Section 4(a)(2) and Rule 506
of Regulation D promulgated thereunder; 
 WHEREAS, the Partnerships desire to retain MSSB as a selling agent; and 

WHEREAS, MSSB desires to be so retained and to assist, as selling agent, in the offer and sale of the Interests. 

NOW, THEREFORE, in consideration of the promises and the mutual agreements hereinafter contained and other good and valuable consideration the
value of which is hereby acknowledged, the parties hereto hereby agree as follows: 
 1. Appointment of MSSB. 

(a) MSSB is hereby appointed as a non-exclusive selling agent of the Partnerships during the term of this Agreement for the purpose of finding
eligible investors for Interests through offerings that are exempt from registration under the Securities Act, pursuant to Section 4(a)(2) thereof and Rule 506 of Regulation D promulgated thereunder. 

 (b) In the case of any Partnership formed after the date of this agreement, Units initially shall
be offered at $1,000 per Unit or as otherwise determined by the General Partner, and thereafter shall be offered on a continuous basis as of the first day of each month at the final Net Asset Value per Unit (as defined in each Partnership’s
Limited Partnership Agreement) as of the last day of the immediately preceding month. For all other Partnerships, Units are being offered on a continuous basis as of the first day of each month at the final Net Asset Value per Unit (as defined in
each Partnership’s Limited Partnership Agreement) as of the last day of the immediately preceding month. The General Partner in its sole discretion may terminate at any time the continuous offering period of one or more of the Partnerships and
may at any time in its sole discretion, terminate, discontinue or resume the continuous offering of any class of Units in any of the Partnerships. 

(c) Subject to the right of the General Partner to reject any subscription in whole or in part at any time prior to acceptance, the General
Partner shall accept subscriptions for Units properly made and shall cause proper entries to be made in the books and records of the relevant Partnership. No certificate evidencing Interests shall be issued to any limited partner, although limited
partners shall receive confirmations of purchase from the General Partner in its customary form. Payment for the Interests shall be made as described in the Offering Documents at such time on such date as may be agreed to by the General Partner.
Payment shall be made against issuance of the Interests in the name of the limited partners. 
 (d) Subject to the performance by the
Partnerships and the General Partner of their respective obligations hereunder, MSSB hereby accepts such appointment and agrees on the terms and conditions set forth herein to find eligible investors for Interests during the term hereof and to use
reasonable efforts to assist the Partnerships and the General Partner in communicating with limited partners with respect to consent solicitations and limited partner votes and other items requiring actions of the limited partners with respect to
the applicable Partnership, at the reasonable request of the General Partner. MSSB shall have no obligation to offer or sell any Interests. 

(e) MSSB may, without notice to the Partnership or the General Partner, assign or delegate its rights and obligations to its affiliates, or
otherwise retain affiliates to act as sub-selling agents, in connection with the solicitation of investors and otherwise to assist MSSB in performing its obligations under this Agreement to the extent MSSB deems appropriate, subject to compliance
with applicable laws, rules or regulations; provided however, that each such sub-selling agent shall execute a sub-agent agreement substantially in the form of this Agreement. MSSB may compensate any such sub-selling agent by paying the sub-selling
agent from MSSB’s own funds. 
 2. Offering and Sale of Interests. 

(a) MSSB shall deliver to each person to whom MSSB makes an offer of an Interest, the Offering Documents, as amended as of such time. 

  
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 (b) MSSB shall not make any offer of Interests on the basis of any communications or documents
relating to any of the Partnerships or the Interests, except the Offering Materials, any other documents supplied or prepared by the General Partner on behalf of the Partnerships and delivered to MSSB by the General Partner for use in making an
offer of Interests, or any other materials expressly approved for such use by the General Partner in writing (which shall include electronic mail). Subject to Section 9, the Partnerships and the General Partner shall provide MSSB copies of any
Offering Documents a commercially reasonable time prior to providing such Offering Documents to any limited partner for MSSB’s review and approval, which shall not be unreasonably withheld. 

(c) Without the prior written consent of the General Partner, MSSB shall not use any form of “general solicitation” or “general
advertising” (within the meaning of Rule 502 of Regulation D under the Securities Act prior to the effective date of the final rules implementing Section 201(a) of the Jumpstart Our Business Startups Act) in making offers of Interests,
including any advertisement, article, notice or other communication published in any newspaper, magazine or similar media or broadcast over television or radio, or any seminar or meeting whose attendees have been invited by any general solicitation
or advertising. 
 (d) MSSB shall, in accordance with requirements of Regulation D under the Securities Act, reasonably believe immediately
prior to making any offer or sale of Interests that any prospective investor solicited by MSSB is an “accredited investor,” as that term is defined in Rule 501(a) of Regulation D under the Securities Act, and meets such other eligibility
criteria as are set forth in the Offering Documents. The Partnerships shall be responsible for the timely filing with the U.S. Securities and Exchange Commission (“SEC”) of any notices required by Rule 503 of Regulation D under the
Securities Act. MSSB shall only solicit prospective investors in any jurisdiction in compliance with the marketing rules and private placement rules of such jurisdiction. 

(e) MSSB represents and warrants that it has policies and procedures reasonably designed to comply with applicable anti-money laundering and
anti-terrorist financing laws, rules and regulations. Additionally, MSSB represents and warrants that it has policies and procedures reasonably designed to ensure that it does not accept or maintain investments in the Partnerships, directly or
indirectly, from a person, government, organization or entity (a) who is or becomes the subject of a sanctions program administered by the U.S. Office of Foreign Assets Control (“OFAC”), is included in any executive order or is on the
list of Specially Designated Nationals and Blocked Persons maintained by OFAC, or (b) whose name appears on such other lists of prohibited persons and entities as may be mandated by applicable local law or regulation. 

(f) MSSB represents to the Partnerships as of the date hereof that MSSB is subject to the anti-money laundering regime of the United States and
maintains anti-money laundering policies and procedures in compliance with applicable anti-money laundering legislation and regulations, as amended from time to time (the “Anti-Money Laundering Regime”). 

  
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 (g) MSSB shall be responsible for ensuring that any activities taken in connection with the sale
of Interests in any jurisdiction outside of the United States shall be conducted in compliance with the private placement or other applicable offering rules of such jurisdiction; provided, however, that, the Partnerships and the General
Partner agree to coordinate with MSSB in respect of determining the number of offers made to prospective investors in any particular jurisdiction and such other relevant information in respect of offerings of Interests made by any party other than
MSSB, which would reasonably be deemed to affect MSSB’s compliance with applicable offering rules. MSSB shall make no offer or sale of any Interest in any foreign jurisdiction, or to any prospective investor located in any foreign jurisdiction,
where there is a prohibition on the sale of securities such as the Interests. 
 (h) The General Partner shall be responsible for any
applicable registration or qualification of the Interests under all applicable laws, rules or regulations of the United States and the states therein. The General Partner on behalf of the Partnerships acknowledges that MSSB intends to offer the
Interests in each state within the United States. The General Partner, at the applicable Partnership’s expense, shall use reasonable efforts to register or qualify the Interests, if required, in each jurisdiction within the United States that
the Interests are offered by MSSB or to make any filings required by applicable law in each jurisdiction within the United States in which the Interests are sold by MSSB. If the Interests may not be offered in any particular jurisdiction in the
United States, the applicable Partnership and the General Partner shall promptly notify MSSB. 
 (i) The Partnerships shall provide a
reasonable quantity of copies of the Offering Materials and such other documents as MSSB is required to provide to prospective investors under this Agreement. If any Offering Materials are amended or supplemented, the General Partner shall promptly
notify MSSB, and provide copies of such amendments or supplements in accordance with the preceding sentence. 
 (j) All subscriptions for
Interests submitted by or through MSSB shall be subject to the General Partner’s approval, in its sole discretion. The General Partner and MSSB agree that the General Partner has the ultimate responsibility to determine whether a prospective
investor meets all applicable private placement accreditation, minimum investment, and other regulatory requirements necessary to invest in a Partnership, provided, however, it is acknowledged by MSSB that the General Partner shall
reasonably rely upon due diligence conducted by MSSB on each prospective investor. 
  

	3.	Fees and Expenses.  

 (a) Each Partnership listed in Schedule 2 shall pay MSSB a
monthly ongoing selling agent fee equal to the amount described for each Partnership in Schedule 2 (“Ongoing Selling Agent Fee”). Net Assets shall have the meaning set forth in the respective Partnership’s Limited Partnership
Agreement. The fee shall be payable monthly beginning with the first month that a Unit is issued. 
 (b) MSSB may introduce investors on an
advisory basis whereby the applicable Partnership shall not be obligated to pay MSSB any direct compensation for such limited partners; provided MSSB may be compensated directly by such limited partners in relation to their investments in such
Partnership. 

  
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 (c) MSSB may, without notice, allocate all or a portion of its fees to its affiliates and may
also allocate all or a portion of its fees to non-affiliates upon written notice to the General Partner. The Partnerships and the General Partner agree that MSSB, including any applicable affiliate of MSSB, reserves the sole right to reduce or waive
the Ongoing Selling Agent Fee in whole or in part. The General Partner agrees to reduce or waive the Ongoing Selling Agent Fee described herein for any limited partner in accordance with written instructions provided by MSSB to the General Partner.
MSSB agrees that neither the Partnerships nor the General Partner shall have any additional responsibility or liability to MSSB or any other party for complying with the written instructions provided by MSSB relating to this Section 3(c) beyond
making payments in accordance with such written instructions. 
 (d) If MSSB becomes aware that a limited partner is no longer a client of
MSSB, it shall promptly inform the General Partner and if the General Partner becomes aware that a limited partner is no longer a client of MSSB, the General Partner shall promptly notify MSSB. Once a limited partner is no longer a client of MSSB,
the Partnership will no longer be obligated to pay the Ongoing Selling Agent Fee attributable to such limited partner. Notwithstanding the foregoing, a limited partner may be a client of MSSB and another broker-dealer at the same time, and the fact
that such limited partner is a client of another broker-dealer may not, by itself, serve as evidence that such limited partner is not a client of MSSB. 

(e) The Partnerships and MSSB shall each bear their own expenses in connection with the solicitation of prospective investors, including
expenses of preparing, reproducing, mailing and/or delivering offering and sales materials. 
 4. Representations, Warranties and Agreements of the
Partnership and the General Partner. Each Partnership and the General Partner (for purposes of this Section 4 only, each a “Party”) severally, and not jointly, represent and warrant to MSSB and agree with MSSB as follows: 

(a) It is duly organized, validly existing and in good standing under the laws of the jurisdiction of its formation or organization, and it has
full power and authority under applicable laws, rules or regulations to conduct its business as contemplated by the Offering Materials. 

(b) The execution, delivery and performance of this Agreement has been duly authorized by all necessary action of each Party, and upon the
execution and delivery hereof, this Agreement shall constitute a valid, binding and enforceable obligation of such Party. 
 (c) The
execution, delivery and performance of this Agreement, the incurrence of the obligations set forth herein and the consummation of the transactions contemplated herein and in the Offering Materials, including the issuance and sale of the Interests,
shall not constitute a breach of or default under any agreement or instrument by which such Party is bound, or to which any of its assets is subject, or any order, rule or regulation applicable to it of any court or any governmental body or
administrative agency having jurisdiction over it. 

  
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 (d) There is not pending or, to the best knowledge of such Party, threatened any action, suit or
proceeding before or by any court or other governmental body to which such Party is a party, or to which any of its assets is subject, which might reasonably be expected to result in any material adverse change in the condition, financial or
otherwise, business or prospects of such Party. Such Party has not received any notice of an investigation regarding non-compliance by such Party with applicable laws, rules or regulations. 

(e) The Offering Materials, as of the date hereof and at any subsequent time during the term of this Agreement, do not and shall not contain
any untrue statement of a material fact, or omit to state any material fact required to be stated therein or necessary in order to make the statements contained therein, in light of the circumstances under which they are made, not misleading. If any
statement were to become untrue or if an omission of a material fact is discovered, the General Partner shall promptly supplement the Offering Materials to remove such untrue statement or to disclose such material fact. 

(f) At all times during which MSSB client(s) own(s) an Interest, the General Partner shall, as soon as commercially practical, notify and
update in writing such MSSB client(s) of any material changes or developments relating to the applicable Partnership or their Interests. 

(g) The Interests have been duly authorized for issuance and sale, and, when issued and subscribed for in the amounts and for the consideration
described in the Offering Materials, shall be entitled to the rights and subject to the restrictions and conditions contained in the Organizational Documents; no limited partner shall be personally liable for the debts of and claims against the
Partnership in which it is invested by the mere reason of being a limited partner; and all necessary action required to be taken for authorization, issue and sale of the Interests has been validly and sufficiently taken. 

(h) It is not necessary in connection with the offer, sale and delivery of the Interests in the manner contemplated by this Agreement to
register the Interests under the Securities Act or, to the best knowledge of such Party, the laws of any other jurisdiction where it is being offered. Each Party shall conduct itself, and ensure that its agents conduct themselves, in a manner
consistent with the exemption from registration under Section 4(a)(2) of the Securities Act and the rules and regulations promulgated thereunder and, without limitation, shall not use, or permit any other person to use, any form of prohibited
solicitation or advertising in making offers of Interests. 
 (i) The General Partner will promptly notify MSSB in the event that a
Partnership is no longer able to rely on the private placement exemption under Rule 506(d). 

  
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 (j) Each Party acknowledges that in performing the services contemplated hereby, MSSB shall be
entitled to rely upon and assume, without independent verification, the accuracy and completeness of all information that is available from public sources and all information that has been provided to it by, or on behalf of, the Partnerships or the
General Partner, and that MSSB has no obligation to verify the accuracy or completeness of any such information and shall have no liability to the Partnerships, the General Partner or any third party for any information contained in the Offering
Materials. 
 (k) The representations and warranties set forth in this Agreement are continuing during the term of this Agreement and each
Party agrees to notify MSSB promptly in writing if at any time during the term of this Agreement, any such representation or warranty becomes materially inaccurate or untrue and of the facts related thereto. 

(l) Each Party acknowledges that MSSB enters into this Agreement in reliance on the representations, warranties and agreements of the
Partnerships and the General Partner contained herein. 
 5. Representations, Warranties and Agreements of MSSB. MSSB represents and warrants to and
agrees with, the Partnerships and the General Partner as follows: 
 (a) MSSB is duly organized, validly existing and in good standing under
the laws of the jurisdiction of its organization and MSSB has full power and authority under applicable laws, rules or regulations to engage in the activities contemplated under this Agreement. 

(b) The execution, delivery and performance of this Agreement has been duly authorized by all necessary action of MSSB, and upon the execution
and delivery hereof, this Agreement shall constitute a valid, binding and enforceable obligation of MSSB. 
 (c) The execution, delivery and
performance of this Agreement, the incurrence of the obligations set forth herein and the consummation of the transactions contemplated herein shall not constitute a breach of or default under any agreement or instrument by which MSSB is bound, or
to which any of its assets is subject, or any order, rule or regulation applicable to it or of any court or any governmental body or administrative agency having jurisdiction over it. 

(d) MSSB (or any designee to which it delegates its right and obligations hereunder pursuant to Section 1(e)) has and shall maintain all
licenses and registrations necessary under applicable federal and state laws, rules and regulations, including the rules and regulation of any self-regulatory organization with competent jurisdiction, to provide the services required to be provided
by MSSB (or such designee) hereunder. To the reasonable knowledge of MSSB, MSSB has not solicited and shall not solicit any offer to buy or offer to sell Interests in any manner that would be inconsistent with applicable laws and regulations, or in
any manner that would be inconsistent with the 

  
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solicitation and advertising limitations of Regulation D under the Securities Act or any state securities laws. MSSB shall conduct itself and take reasonable measures to ensure that its
respective agents conduct themselves, in a manner consistent with (i) the exemption from registration under Section 4(a)(2) of the Securities Act and the rules and regulations promulgated thereunder, including, without limitation the
requirements of Regulation D under the Securities Act, and (ii) any applicable state law exemptions from registration. 
 (e) MSSB shall
furnish to each prospective investor it solicits the most current copy of the applicable Partnership’s Memorandum provided to it by the General Partner prior to that person’s admission as a limited partner. 

(f) MSSB shall furnish to the Partnerships a description of all material pending and prior litigation and regulatory actions involving MSSB and
its subsidiaries, required to be disclosed in the Memorandums during the term of this Agreement. 
 (g) MSSB has and maintains policies,
procedures, and internal controls that are reasonably designed to ensure that no Covered Person identified in Appendix A subject to disqualification is permitted to participate in any of a Partnership’s offerings pursuant to Rule 506 of
Regulation D under the Securities Act (“Rule 506”). MSSB represents that it has exercised reasonable care, in accordance with section (e) of Rule 506 in making a factual inquiry into whether any Covered Person is the subject of any of
the acts enumerated in Rule 506(d)(1)(i) through (viii) or that would cause a Partnership to be unable to rely upon Rule 506 (each a “Disqualifying Event”). MSSB agrees that each Partnership may disclose any Disqualifying Event
involving a Covered Person that occurred prior to September 23, 2013, in accordance with the method of disclosure under Rule 506(e). 

(h) The representations and warranties set forth in this Agreement are continuing during the term of this Agreement and MSSB agrees to notify
each of the Partnerships and the General Partner promptly in writing if at any time during the term of this Agreement, any such representation or warranty becomes materially inaccurate or untrue and of the facts related thereto. 

(i) MSSB acknowledges that each of the Partnerships and the General Partner enter into this Agreement in reliance on the representations,
warranties and agreements of MSSB contained herein. 
 6. Covenants of MSSB. 

(a) MSSB will promptly notify the Partnerships and the General Partner if it becomes aware of any Covered Person who is or becomes the subject
of a Disqualifying Event. 
 (b) MSSB shall, to the extent practicable and reasonable, make available personnel to the General Partner to
respond to reasonable queries about its processes directly related to identifying Covered Persons and Disqualifying Events under Rule 506(d) and confirm that the representations made in Section 5(g) are accurate and complete. 

  
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 7. Indemnification. 

(a) Each Partnership shall indemnify, hold harmless, and defend MSSB, each person who controls MSSB within the meaning of Section 15 of
the Securities Act or Section 20(a) of the Securities Exchange Act of 1934, and their respective officers, directors, partners, members, shareholders, employees and agents from and against any losses, claims, damages or liabilities (or actions
in respect thereof) (“Covered Claims”) arising out of or relating to (i) the offer or sale of the Interests or the management or affairs of the applicable Partnership; (ii) any untrue statement or alleged untrue statement of
material fact or any omission of a material fact necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading in any Offering Materials or in any advertising or promotional material
approved, published or provided to MSSB by or on behalf of the applicable Partnership or the General Partner or accurately derived from information approved, published or provided to MSSB by or on behalf of the applicable Partnership (iii) any
violation of any law, rule or regulation relating to the registration or qualification of Interests or the applicable Partnership, (iv) any breach by the applicable Partnership or the General Partner of any representation, warranty or agreement
contained in this Agreement, (v) any violation of any law, rule or regulation relating to the operation of the applicable Partnership or (vi) any willful misconduct or gross negligence by the applicable Partnership or the General Partner
or their respective affiliates in the performance of, or failure to perform, its obligations under this Agreement, except to the extent that any such Covered Claim is caused by breach of this Agreement by MSSB or its affiliates, directors, members,
employees, agents and affiliates or the willful misconduct or gross negligence of any of the foregoing in the performance of, or failure to perform, their obligations under this Agreement. 

(b) MSSB shall indemnify, hold harmless, and defend each of the Partnerships and the General Partner, each person who controls any of the
foregoing within the meaning of Section 15 of the Securities Act or Section 20(a) of the Securities Exchange Act of 1934, and their officers, directors, partners, members, shareholders, employees, and agents from and against any Covered
Claims arising out of or relating to (i) any breach by MSSB of any representation, warranty or agreement contained in this Agreement, (ii) failure of MSSB to comply with marketing rules or private placement rules in any jurisdiction,
(iii) any untrue statement, or alleged untrue statement of a material fact, made by MSSB in connection with MSSB’s placement of the Interests that is not in reliance on or in conformity with the Offering Materials, or (iv) willful
misconduct or gross negligence by MSSB in the performance of, or failure to perform, its obligations under this Agreement, except in each case to the extent that any Covered Claim is caused by breach of this Agreement by any of the Partnerships or
the General Partner or their officers, directors, partners, members, shareholders, employees, agents and affiliates or the willful misconduct or gross negligence of any of the foregoing in the performance of, or failure to perform, their obligations
under this Agreement. 

  
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 (c) Promptly after receipt of notice of any claim or complaint or the commencement of any action
or proceeding with respect to which an indemnified party is entitled to seek indemnification hereunder, the indemnified party shall notify the indemnifying party in writing of such claim or complaint or the commencement of such action or proceeding.
The indemnifying party shall be entitled to participate at its own expense in the defense or, if it so elects within a reasonable time after receipt of such notice, to assume the defense of any suit so brought, which defense shall be conducted by
counsel chosen by it and satisfactory to the indemnified party or parties. In the event that the indemnifying party elects to assume the defense of any such suit and retain such counsel, the indemnified party or parties shall bear the fees and
expenses of any additional counsel thereafter retained by it or them. 
 (d) If the foregoing indemnification is for any reason unavailable
to an indemnified party (other than by reason of the terms thereof), the indemnifying party shall contribute to the Covered Claims that are paid or payable by the indemnified party in such proportion as is appropriate to reflect the relative
economic interests of the indemnifying party, on the one hand, and the indemnified party, on the other hand, in the transactions contemplated by this Agreement (whether or not consummated) and any other relevant equitable considerations. For
purposes of this paragraph, the relative interests of the applicable Partnership and the General Partner, on the one hand, and MSSB, on the other hand, in the transactions contemplated by this Agreement, shall be deemed to be in the same proportion
as (i) the total proceeds received or contemplated to be received by the applicable Partnership and the General Partner in the transactions contemplated by this Agreement (whether or not any such transaction is consummated) bears to
(ii) the fees paid or to be paid to MSSB under the Agreement; provided however, that to the extent permitted by applicable law, in no event shall the applicable Partnership and the General Partner contribute less than the amount
necessary to ensure that all indemnified parties, in the aggregate, are not liable in excess of the amount of fees actually received by MSSB pursuant to this Agreement. 

(e) The foregoing indemnity shall be in addition to any liabilities that the parties may otherwise have incurred hereunder. 

8. Confidentiality. 
 (a) Each party
acknowledges that, in performing its obligations under this Agreement, it may have access to confidential and proprietary information of the other party (“Confidential Information”). The parties agree that information concerning any
potential investor introduced by MSSB to the Partnerships or the General Partner is the Confidential Information of MSSB. By way of illustration but not of limitation, “Confidential Information” includes any “nonpublic personal
information” (as defined in SEC Regulation S-P or FTC Regulation 313) regarding prospective investors and limited partners or members, trade secrets, data, know-how, accounting data, statistical data, financial data or projections, forecasts,
business practices or policies, research projects, reports, development and marketing plans, strategies, or other business information that is not generally known or available to the public. The term “Confidential Information” does not
include information that: (i) is or becomes generally available to the public other 

  
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than as a result of an improper disclosure by the disclosing party; (ii) was rightfully available to a party on a non-confidential basis before its disclosure by the other party;
(iii) was independently developed by the receiving party or (iv) becomes available to a party on a non-confidential basis from a source other than the other party, provided that such source is not prohibited from transmitting the
information by a contractual, legal, or fiduciary obligation. 
 (b) Except to the extent necessary to perform its obligations under this
Agreement, no party may disclose or use any of the other parties’ Confidential Information. Each party shall maintain the confidentiality of the other parties’ Confidential Information in its possession or control. For the avoidance of
doubt, no party may provide information concerning the Partnerships or prospective investors to any third party knowing that such third party may use such information in any form of publication, whether publicly or privately distributed, without the
express prior written approval of the other parties. Each party shall limit the disclosure of the other parties’ Confidential Information to those of its employees and agents with a need to know such Confidential Information for purposes of
this Agreement. Each party shall use reasonable care to prevent its employees and agents from violating the foregoing restrictions. Notwithstanding the above, Confidential Information may be disclosed to the extent required by law or by an order or
decree of any court or other governmental authority or a request is made by a governmental authority, regulatory agency or self-regulatory agency; provided, however, that each party shall, to the extent practicable, if legally compelled to
disclose such information: (i) provide the applicable party with prompt written notice of that fact so that the other party may attempt to obtain a protective order or other appropriate remedy and/or waive compliance with the provisions of this
Section 8; (ii) disclose only that portion of the information that a party’s legal counsel advises is legally required; and (iii) endeavor to obtain assurance that confidential treatment shall be accorded the information so
disclosed. Notwithstanding the foregoing, limited partners shall also be governed by the privacy policy included in the Offering Materials. 

(c) On written request or on the expiration or termination of this Agreement, each party shall return to the other parties or destroy all
Confidential Information in its possession or control, provided that each party may retain a single archival copy of any document or information that such party is obligated to maintain pursuant to record keeping requirements to which it is subject
under applicable laws, rules or regulations, but for only so long as such records are required to be maintained. 
 9. Client Communications. Each
Partnership and the General Partner severally agree to provide to MSSB copies of any communications to limited partners with respect to the operation and performance of the applicable Partnership. Communications that are provided on a regular basis
such as monthly account statements, shall be distributed to MSSB when such communications are distributed to MSSB clients. The General Partner shall use its commercially reasonable efforts to distribute to MSSB all communications that require any
action by limited partners such as limited partner consent or vote prior to the distribution of such communication to limited partners. Each Partnership and the General Partner agree that MSSB may use such communications in connection with

  
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reports issued by MSSB to the applicable limited partners to which such communications were directed. Each Partnership and the General Partner severally agree to respond as soon as practicable to
inquiries of MSSB investors as communicated by MSSB and shall endeavor to copy MSSB on all such communications. 
 10. Term and Termination. 

(a) This Agreement shall remain in full force and effect until terminated by a party on thirty days’ prior written notice to the other
parties. 
 (b) This Agreement may be terminated immediately on written notice to the other parties hereto on the dissolution, insolvency or
bankruptcy of any party and upon a material breach of any condition, warranty, representation or other term of this Agreement by the other party. 

(c) Notwithstanding Section 10(b), upon becoming aware of a Disqualifying Event occurring on or after September 23, 2013 with respect
to MSSB or any of its Covered Persons, a Partnership may, in its sole discretion, terminate this Agreement which shall be effective immediately or on such future date as indicated by such Partnership in a notice to MSSB relating to such termination.

 (d) On termination of this Agreement, the General Partner shall continue to pay MSSB the compensation set forth in Section 3 for so
long as each limited partner introduced to the Partnerships by MSSB remains a limited partner and MSSB (and its applicable employees) maintains all necessary licenses and regulations required to receive such compensation. For purposes of the
foregoing, MSSB shall be entitled to the compensation set forth in Section 3 with respect to any person introduced by MSSB to the General Partner prior to termination whose subscription is accepted by the applicable Partnership within sixty
days following such termination. 
 11. Notices. Any notice required or desired to be delivered under this Agreement shall be effective on actual
receipt and shall be in writing and (i) delivered personally; (ii) sent by first class mail or overnight delivery, postage prepaid; (iii) transmitted by electronic mail (with confirmation of delivery and receipt); or
(iv) transmitted by fax (with confirmation by first class mail, postage prepaid) to the parties at the following address or such other address as the parties from time to time specify in writing: 

  
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	 If to the Partnership or the General Partner:
  

[Name of Partnership]
 c/o Ceres Managed Futures LLC

Morgan Stanley Alternative Investments
 522 5th Avenue, 14th
Floor
 New York, NY 10036
 Fax: 212-296-6869

Email: Alper.Daglioglu@morganstanley.com
 Attention: Alper
Daglioglu, President
  
 With a copy to:

Willkie Farr & Gallagher LLP
 787 Seventh Avenue

New York, NY 10019
 Email: RMolesworth@willkie.com

Attention: Rita Molesworth
	  	 If to MSSB:
  

Morgan Stanley Smith Barney LLC
 522 5th Avenue, 13th Floor

New York, NY 10036
 Fax: 212 905-2750

Email: Jeremy.Beal@morganstanley.com
 Attention: Jeremy Beal,
Executive
 Director

 12. Status of Parties. In selling the Interests, MSSB shall be an independent contractor (rather than employee, agent or
representative) of any Partnership or the General Partner, and MSSB shall not have the right, power or authority to enter into any contract or to create any obligation on behalf of any Partnership or the General Partner or otherwise bind any
Partnership or the General Partner in any way. Nothing in this Agreement shall create a partnership, joint venture, agency, association, syndicate, unincorporated business or any other similar relationship between the parties. Nothing in this
Agreement shall be construed to imply that MSSB is a partner, shareholder, manager, managing member or member of any Partnership or the General Partner. 

13. Miscellaneous. 
 (a) Headings.
Headings to sections and subsections in this Agreement are for the convenience of the parties only and are not intended to be a part of or affect the meaning or interpretation hereof. 

(b) Entire Agreement. This Agreement embodies the entire agreement and understanding of the parties with respect to the subject matter
hereof, and supersedes all other agreements and understandings, whether written or oral, between the parties relating to the subject matter hereof entered into prior to this Agreement. 

(c) Amendments. This Agreement shall not be amended except by a writing signed by all parties hereto. Notwithstanding the previous
sentence, Partnerships may be added to this Agreement upon the agreement of the General Partner and MSSB. The listing of such Partnership on Schedule 1 hereto shall be evidence of such agreement. 

(d) Waiver. No waiver of any provision of this Agreement shall be implied from any course of dealing between the parties hereto either
before or after the effective date of this Agreement or from any failure by any party hereto to assert its rights hereunder on any occasion or series of occasions. 

  
 - 13 - 

 (e) Governing Law. This Agreement shall be governed by and construed in accordance with
the laws of the State of New York. The provisions of Sections 3, 7 (including with respect to breaches of Section 4 or 5), 8, 9, 10(c), and this Section 13 shall survive termination of this Agreement. If any provision of this Agreement is
or should become inconsistent with any present or future law, rule, or regulation of any governmental or regulatory authority having jurisdiction over the subject matter of this Agreement, such provision shall be deemed rescinded or modified in
accordance with any such law, rule or regulation. In all other respects, this Agreement shall continue and remain in full force and effect. 

(f) Successors and Assigns. This Agreement shall inure to the benefit of and be binding on the parties hereto and such parties’
respective successors and permitted assigns. 
 (g) Assignment. No party may assign this Agreement without the prior written consent
of the other parties, except as otherwise provided herein. Any purported assignment in violation of this Section 13 shall be void. 

(h) Jurisdiction and Consent. THE PARTIES HERETO IRREVOCABLY SUBMIT TO THE NON-EXCLUSIVE JURISDICTION OF ANY STATE OR FEDERAL COURT
SITTING IN NEW YORK CITY OVER ANY SUIT, ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT AND WAIVE TRIAL BY JURY. EACH OF THE PARTIES IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY OBJECTION IT MAY NOW OR HEREAFTER
HAVE TO THE LAYING OF VENUE OF ANY SUCH SUIT, ACTION OR PROCEEDING BROUGHT IN ANY SUCH COURT AND ANY CLAIM THAT SUCH SUIT, ACTION OR PROCEEDING BROUGHT IN ANY SUCH COURT HAS BEEN BROUGHT IN AN INCONVENIENT FORUM. EACH OF THE PARTIES AGREES THAT A
FINAL JUDGMENT IN ANY SUCH SUIT, ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND BINDING UPON THE PARTIES AND MAY BE ENFORCED IN ANY OTHER COURTS TO WHOSE JURISDICTION A PARTY IS OR MAY BE SUBJECT, BY SUIT UPON SUCH JUDGMENT. EACH PARTNERSHIP AND THE
GENERAL PARTNER EACH HEREBY CONSENTS TO THE SERVICE OF ANY AND ALL PROCESS WHICH MAY BE SERVED IN ANY SUIT, ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT BY MEANS OF PERSONAL DELIVERY OR COURIER SERVICE, ADDRESSED TO ITS ADDRESS
PROVIDED ABOVE AND TO THE ATTENTION OF ANY SECRETARY, ASSISTANT SECRETARY OR ANY OTHER OFFICER, DIRECTOR, MANAGING AGENT OR GENERAL AGENT OF SUCH PARTY, AND SUCH PARTY HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY OBJECTION
IT MAY NOW OR HEREAFTER HAVE UNDER NEW YORK LAW OR UNDER ANY LAW OF ANY STATE OF THE UNITED STATES OR OF ANY OTHER JURISDICTION OR OTHERWISE TO SERVICE OF PROCESS IN SUCH MANNER. 

  
 - 14 - 

 (i) Counterparts. This Agreement may be executed in several counterparts, each of which
shall be deemed an original but all of which together shall constitute one and the same instrument. Facsimiles (including facsimiles of the signature pages of this Agreement) shall have the same legal effect hereunder as originals. 

[THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK] 

  
 - 15 - 

 IN WITNESS WHEREOF, the undersigned parties have caused this Agreement to be executed as of the
day and year first above written. 
  

									
	 THE PARTNERSHIPS LISTED ON

SCHEDULE 1 HERETO
	 		 	Morgan Stanley Smith Barney LLC
			
	By: Ceres Managed Futures LLC	 		 	
					
	Name:	 	/s/ Alper Daglioglu	 		 	Name:	 	/s/ Jeremy Beal
		 	Alper Daglioglu	 		 		 	Jeremy Beal
					
	Title:	 	President	 		 	Title:	 	Executive Director
			
		 		 	Ceres Managed Futures LLC
					
		 		 		 	Name:	 	/s/ Alper Daglioglu
		 		 		 		 	Alper Daglioglu
					
		 		 		 	Title:	 	President

  
 - 16 - 

 Schedule 1 
  

					
	 PARTNERSHIP
	  	 STATE AND DATE OF

ORGANIZATION
	  	 EFFECTIVE DATE

	Managed Futures Premier Warrington L.P.	  	New York, November 28, 2005	  	October 1, 2013

  
 - 1 - 

 Schedule 2 
  

			
	 PARTNERSHIP
	  	 ONGOING SELLING AGENT FEE

	Managed Futures Premier Warrington L.P.	  	3.75% per year of the adjusted net assets of Class A Units and 1.5% per year of the adjusted net assets of Class D Units (computed monthly by multiplying the adjusted net assets of the Class A Units by 3.75% and the adjusted net
assets of the Class D Units by 1.5% and dividing the result thereof by 12)1

  

	1 	Adjusted net assets are month-end Net Assets increased by that month’s ongoing selling agent fee, advisory fee, profit share allocation accrual, the general partner’s administrative fee and other expenses and
any redemptions or distributions as of the end of such month. 

  
 - 2 - 

 Appendix A 

Covered Persons: 
  

	 	(i)	MSSB and its executive officers and directors and officers participating in the offering of any of the Partnerships; 

  

	 	(ii)	Morgan Stanley Financial Advisors soliciting investors for the Partnerships on September 23, 2013 and thereafter who receive compensation with respect to such solicitation; and 

 

	 	(iii)	MSSB’s managing member, Morgan Stanley Smith Barney Holdings LLC (the “Managing Member”) and the Managing Member’s executive officers and directors and officers participating in the offering of any
of the Partnerships. 

  
 - 3 -EX-10.1

 Exhibit 10.1 
 RIVERSIDE TECHNOLOGY CENTER 
 AMENDED AND RESTATED LEASE AGREEMENT

 Agreement entered into this 18th day of May, 2007 by and between Rivertech Associates II, LLC, a Massachusetts limited liability company with a
principal address at The Abbey Group, 575 Boylston Street Boston, Massachusetts (the “LESSOR”), and Genetix Pharmaceuticals, Inc. a corporation with a principal address at 840 Memorial Drive Cambridge, Massachusetts (the
“LESSEE”); relative to certain space in the building owned by the LESSOR at 840 Memorial Drive Cambridge, Massachusetts (the “Building”), as follows: 
 WHEREAS, Rivertech Associates, LLC and Genetix Pharmaceuticals, Inc. entered into a certain lease agreement dated February 18, 2000 (the “Original Lease”); and, 

WHEREAS, LESSOR and LESSEE each hereby represent to the other that as of the date hereof the foregoing Original Lease
represents the full and complete agreement relative to LESSEE’S use and occupancy of certain space described thereunder, consisting (prior to this “Amended and Restated Lease Agreement”) of approximately 10,593 rentable square feet of
space on the fifth (5th) floor of the Building, which
space is specifically referred to herein as the “Current Leased Premises”; and, 
 WHEREAS, certain space
consisting of approximately 10,500 rentable square feet of space on the third (3rd) floor of the Building (the “Substituted Leased Premises”), is available as of June 1, 2007 and LESSOR has reached agreement with LESSEE for LESSEE to surrender the Current Leased
Premises as of the date (the “Substitution Date”) the Substituted Leased Premises are delivered to Tenant in accordance with Section 5 hereof (anticipated to be June 1, 2007), and to lease the Substituted Leased Premises as of
the Substitution Date under the terms and conditions of the Lease as revised and amended by this Amended and Restated Lease Agreement; and, 

NOW THEREFORE, for One ($1.00) Dollar and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties hereto agree as follows: 
  

	1.	Original Term Expiration and Commencement of the Extended Lease Term 

 The current Term under the Original Lease, prior to this Amended and Restated Lease Agreement, expires on June 30, 2007. Effective as of the Substitution Date, LESSEE shall vacate and surrender the
Current Leased Premises to LESSOR and LESSOR shall accept such surrender from LESSEE and the Original Lease shall be deemed terminated provided that Subtenant shall have access to the Current Leased Premises for a period of up to thirty
(30) days after the Substitution Date in order to satisfy the provisions of the Original Lease pertaining to the condition in which the Current Leased Premises are to be delivered to LESSOR (e.g. Lease Sections 26 and 28), and to effectuate the
transfer of LESSEE’S equipment and furniture from the Current Leased Premises to the Substituted Leased Premises in a timely and orderly manner. 

  
 1 

 As of the Substitution Date, the Term of the Original Lease (as amended by this Amended and Restated Lease
Agreement) will be extended for a period beginning on the Substitution Date and expiring on May 31, 2010 (the “Extended Term”); and LESSEE shall lease the Substituted Leased Premises under the Rent, terms and conditions as set forth
in this Amended and Restated Lease Agreement up to the expiration of said Extended Term. 
 To the extent LESSOR cannot deliver the Substituted
Leased Premises to LESSEE on or prior to June 30, 2007, the term of the Original Lease shall be automatically extended through that date which subsequently becomes the Substitution Date, except that the Rent thereunder shall be amended to be
equal to the Rent for the Substituted Leased Premises during the first Lease Year of the Extended Term. 
 The term “Lease Year” as
used herein and for all purposes during the Extended Term shall mean the period beginning on the Substitution Date and ending on the day immediately prior to each anniversary of the Substitution Date, provided that the Third Lease Year shall end on
May 31, 2010. 
  

	2.	The Substituted Leased Premises 

 LESSOR
and LESSEE hereby agree that during the Extended Term, the Substituted Leased Premises, as defined herein and as depicted on Exhibit A attached hereto, shall be deemed to mean the “Leased Premises” as referred to in the Lease, unless the
context specifically means the “Current Leased Premises.” 
 The Substituted Leased Premises may be used by LESSEE for general office,
research and laboratory uses only, as set forth in Section 6 of the Lease, throughout the Extended Term. 
 Provided the same does not
materially interfere with LESSOR’S obligations under Section 5 hereof (in which case LESSEE’S rights under this paragraph shall be expressly subordinate in LESSOR’S sole discretion). LESSEE shall have reasonable supervised access
to the Substituted Leased Premises commencing on the date of this Agreement to install trade fixtures and/or cabling and/or communications equipment, and to reconfigure and move laboratory and office equipment. Such early access by LESSEE shall be
subject to such times and in such manner as LESSOR may reasonably determine to avoid material interference with LESSOR’S Work. 
 LESSEE
shall not be charged any fees by LESSOR for use of the freight elevators of the building, supervision or otherwise in connection with LESSEE’S move from the Current Leased Premises to the Substituted Leased Premises. 

LESSOR shall provide the services of LESSOR’S internal space planning and design staff, at LESSOR’S cost and expense, on a reasonable basis to
assist LESSEE in its own space planning and design. 
  

	3.	Annual Base Rent—Revised Annual Base Rent Schedule 

 Commencing as of the beginning of the Extended Term, LESSEE’S monthly installments of Annual Base Rent for the Leased Premises shall be based on Annual Base Rent as set forth in the “Revised
Annual Base Rent Schedule” appearing below. 

  
 2 

 Revised Annual Base Rent Schedule 

 

					
	 First Lease Year
	  	$	 388,500.00 	($ 32,375.00/mo.) 
	 Second Lease Year
	  	$	 399,000.00 	($ 33,250.00/mo.) 
	 Third Lease Year
	  	$	 420,000.00 	($ 35,000.00/mo.) 

 Annual Base Rent shall be payable by Lessee for each Lease Year of the Extended Term as set forth above in twelve
installments during each Lease Year (reflecting the aforesaid Revised Annual Base Rent Schedule), in advance, on or before the first day of each calendar month. 
 Except as otherwise set forth in Section I on account of the Substitution Date occurring after June 30, 2007, LESSEE shall continue to pay Annual Base Rent under the Original Lease for the Current
Leased Premises up to the Substitution Date. 
  

	4.	Additional Rent 

 Notwithstanding the
provisions of the Original Lease, this Amended and Restated Lease Agreement is structured as a “triple net” lease. Accordingly, the provisions for Additional Rent based on Operating Expenses and Taxes are rewritten as follows. 

LESSEE shall also pay to LESSOR, as Additional Rent under the Lease, the following amounts based on LESSEE’S allocable percentage (which is 8.3441%,
the ‘‘Allocable Percentage”): 
 A. Operating Expenses: LESSEE shall be responsible for payment of Additional Rent attributable
to the Operating Expenses for the Building and site, based on LESSEE’S Allocable Percentage. Operating Expenses, as set forth in Exhibit B hereto, are the unaudited actuals for calendar year 2006 (and will be subject to change based on actual
costs and expenses incurred for each of the categorized Exhibit B costs and expenses in 2007 and each subsequent year during the Extended Term). “Operating Expenses” shall not include the following: the costs of LESSEE’S improvements
and services for which LESSEE or any tenant specifically and directly reimburses LESSOR, or pays third persons at LESSOR’S directions; income or franchise taxes of the LESSOR; the costs incurred in any rehabilitation, reconstruction or other
work occasioned by any insured casualty (i.e. as to which LESSOR is required to carry insurance hereunder), or by the exercise of the right of eminent domain (except to the extent of any so-called “deductible” amount under policies of
insurance or any costs actually incurred for which any insurance company does not reimburse or compensate LESSOR or Owner); depreciation of the Building; general corporate overhead of the LESSOR entity; legal expenses incurred in any direct dispute
with any particular tenant (other than those incurred which are of benefit to or protect the rights of other tenants in the Building, generally); costs of renovations to other tenants’ spaces; costs of capital improvements; brokerage and
advertising costs in seeking new tenants; and penalties incurred due to LESSOR’S willful violation of any direct violation of any government order. 
 B. Tax Expenses: LESSEE shall be responsible for payment of Additional Rent attributable to the municipal real estate taxes on the Building and land on which it is situated, based on LESSEE’S
Allocable Percentage. 
 Additional Rent for Operating Expenses and Tax Expenses shall be payable as invoiced by LESSOR (accompanied by a copy
of the applicable municipal tax bill), and failure to make any such payments within thirty (30) days of such invoice shall be a default under this Amended and Restated Lease Agreement. 

  
 3 

 C. Utilities: Landlord shall provide and Tenant shall pay utilities attributable to the Substituted Leased
Premises as set forth in Section 7 of the Original Lease. 
  

	5.	Condition of the Current Leased Premises on the Substitution Date; and Landlord’s Work on the Substituted Leased Premises 

The Current Leased Premises shall be vacated and surrendered by the LESSEE in accordance with the provisions of Sections 26 and 28 of the Lease, upon
delivery of the Substituted Leased Premises to the LESSEE by the LESSOR as contemplated herein. 
 LESSOR and LESSEE acknowledge that LESSOR
shall deliver and LESSEE shall accept delivery of the Substituted Leased Premises as of the beginning of the Extended Term in an AS/IS condition in all respects, but for: (a) the specific work to be performed by LESSOR as set forth in Exhibit C
hereto (the “LESSOR’S Work”); (b) in vacant and clean condition; (c) with the laboratory areas “decommissioned” (i.e. free of any environmental hazards or materials such that it is not in violation of applicable
environmental laws consistent with the same standards set forth in Section 26 of the Lease) and sanitized. Landlord represents that the Substituted Leased Premises currently has the benefit of a certificate of occupancy from the City of
Cambridge therefor which permits the use of the Substituted Leased Premises for the uses permitted under this Lease, and to the extent any additional building permit (or resulting certificate of occupancy is required on account of LESSOR’S
Work), then LESSOR shall be required to procure and deliver the same to LESSEE. LESSOR’S Work shall be performed at LESSOR’S sole cost and expense, and shall be substantially completed as of the beginning of the Extended Term. LESSOR shall
perform LESSOR’S Work in a good and workmanlike manner and in compliance with all applicable laws and governmental regulations. LESSEE shall inspect such work upon delivery by LESSOR, and hereby acknowledges there are no special installations
or other requirements with respect thereto which do not appear on Exhibit C hereto. Notwithstanding LESSOR’S obligation to perform LESSOR’S Work, LESSOR shall not be liable for any damages resulting from LESSEE’S transfer of its
operations and equipment from the Current Leased Premises to the Substituted Leased Premises or performance of any of its business functions (e.g. laboratory work) from the newly installed facilities in the Substituted Leased Premises; LESSEE
assuming all such risk and waiving any and all claims against LESSOR with respect thereto. If LESSOR is unable to fulfill the conditions set forth above within one hundred twenty (120) days after June 15, 2007, then LESSEE, as its sole and
exclusive remedy at law or in equity shall be entitled to terminate this Amended and Restated Lease Agreement by written notice to LESSOR delivered within ten (10) days of the expiration of said one hundred twenty (120) day period, and
this Amended and Restated Lease Agreement shall be null and void and without recourse to either party, but LESSEE shall be entitled to remain in occupancy of the Current Leased Premises at the rent set forth in this Amended and Restated Lease
Agreement for ninety (90) days after such termination. 
 LESSOR shall be solely responsible for any costs associated with the
architectural and engineering work and permits required for LESSOR’S Work; and LESSOR shall provide such architectural and engineering and permitting services as part of LESSOR’S Work. 

  
 4 

	6.	Security/Guaranty 

 The LESSEE’S
obligations to post and maintain a Security Deposit under Section 5 of the original Lease shall also be required during the Extended Term. 
  

	7.	Parking 

 The provisions of
Section 16 of the Lease shall continue to govern LESSEE’S parking rights and LESSEE shall be entitled to the same number of spaces set forth therein. LESSEE acknowledges that the current rate for such parking spaces is $ 210.00 per
space per month. However, notwithstanding the provisions of Section 16 of the Lease, LESSOR shall determine from time to time in its discretion the extent to which spaces are provided in the LESSOR’S Building or at 808 Memorial Drive
(provided all the spaces contemplated in said Section 16 are provided from one location or the other, with a minimum of fifteen (15) to be provided at 840 Memorial Drive). 

 

	8.	Brokers Commissions/Indemnification 

LESSOR has retained Meredith & Grew, and LESSEE has had some dealings with said brokerage firm, relative to the Building. The LESSOR and LESSEE
each represent to the other that they have not dealt, directly or indirectly, with any other broker, or other entity or individual entitled to any commission relative to the Substituted Leased Premises leased to LESSEE for the Extended Term
hereunder. Each party agrees to indemnify and hold harmless the other from and against any claims for commission arising out the execution and delivery of this agreement and any renewals, extensions or expansions hereof other than the foregoing;
LESSOR expressly agreeing that it shall be responsible for any claims made by Meredith & Grew relative to this transaction, based on separate agreement between LESSOR and Meredith & Grew. 

 

	9.	Assignment/Subletting 

 The LESSEE shall
have the right to assign the Lease and/or sublet the Leased Premises (in whole or in part) subject to all the terms and conditions of Section 12 of the Original Lease. 

 

	10.	Integration of Documents; Supremacy 

 The
parties hereto intend that this Amended and Restated Lease Agreement incorporate the provisions of the original Lease (to the extent not specifically superseded by the terms and conditions hereof) and that conjunctively these documents constitute
the full and complete agreement as between the parties. 
 The following provisions of the Original Lease are not applicable to the Extended
Term: Section 1 (Term); Section 2 (to the extent of the Schedule of Annual Base Rent); Section 3 (as to the first through fourth paragraphs, only); Section 4 (as to the first, and second, and fourth paragraphs, only);
Section 22 (solely to the extent that the notice addresses appearing on the execution pages hereof supersede); Section 33 (which is wholly superseded by Section 5 hereof); and Exhibit B (which is wholly superseded by Exhibit B as it
is attached hereto). 

  
 5 

 As a condition to the effectiveness of this Agreement, LESSOR shall provide to LESSEE either (a) the
written acknowledgement of the current mortgagee that the existing Subordination, Non-Disturbance and Attornment Agreement non-disturbance agreement remains in effect and applies to this Amended and Restated Lease Agreement or (b) a new
Subordination, Non-Disturbance and Attornment Agreement in the form attached hereto in favor of LESSEE executed by the current mortgagee with respect to this Amended and Restated Lease Agreement. 

This Agreement shall be governed by the laws of the Commonwealth of Massachusetts. Any provisions deemed unenforceable shall be severable, and the
remainder of this Agreement shall be enforceable in accordance with its terms. This Agreement may only be modified m writing, signed by both parties. Unless otherwise provided herein, all capitalized terms used herein shall have the same meaning as
set forth in the Original Lease. 
 Witness our hands and seals the first date above written. 

 

	
	 RIVERTECH ASSOCIATES II, LLC
  

By Rivertech Associates, Inc. its duly authorized Manager

	
	/s/ Robert Epstein
	Robert Epstein, President

  

							
	Notice Address:	  	 575 Boylston Street 8th Floor

Boston, Massachusetts 02116
	  		  	
	with a copy to:  	  	Christopher C. Tsouros, Esq. Posternak Blankstein & Lund LLP
Prudential Tower
800 Boylston Street Boston, Massachusetts 02199	  		  	

  

			
	GENET1X PHARMACEUTICALS, INC.
		
	By:	 	/s/ Alfred E. Slanetz
		 	its duly authorized

 (Attached Secretary/Clerk’s Certificate As To Authority) 

 

							
	Notice Address:	  	800 Memorial Drive 3rd Floor
Cambridge, Mass.	  		  	
	with a copy to:  	  		  		  	

  
 6 

 GENETIX PHARMACEUTICALS, INC. 
 AMENDED AND RESTATED LEASE AGREEMENT 
 REVISED EXHIBIT B 

Operating Expenses 2006 
 840
Memorial Drive—Riverside Technology Center 
  

					
	 DESCRIPTION
	  	PSF	 
	 HEAT
	  	$	0.54	  
	 BUILDING ELECTRIC
	  	$	2.01	  
	 WATER & SEWER
	  	$	0.21	  
	 ELEVATOR MAINTENANCE
	  	$	0.15	  
	 PARKING/CAFE EXPENSE
	  	$	0.26	  
	 RUBBISH REMOVAL
	  	$	0.14	  
	 INSURANCE
	  	$	0.36	  
	 GROUNDS CARE
	  	$	0.27	  
	 LEGAL/ACCT/ADMIN
	  	$	0.11	  
	 JANITORIAL SERVICES
	  	$	0.50	  
	 GENERAL MAINTENANCE
	  	$	1.38	  
	 HVAC MAINTENANCE
	  	$	0.50	  
	 LIFE SAFETY SYSTEMS
	  	$	0.11	  
	 MANAGEMENT
	  	$	3.28	  
		  	  
	  
	 
	 Total Operating Expenses
	  	$	9.82	  
		  	  
	  
	 
	 Real Estate Taxes (FY 2007)
	  	$	4.63	  
		  	  
	  
	 

 Note: Actual numbers for 2007 and all subsequent years will vary based on actual costs and expenses incurred. 

  
 7 

  
 THE ABBEY GROUP 
  

 
 Genetix Pharmaceuticals 

Relocation to Floor Three, 840 Memorial Drive Revised 5/1/2007 
 Scope of Work by Landlord 
 Office Area 

 

	•	 	 All walls to be repainted 

  

	•	 	 Existing lights to be relamped as required 

  

	•	 	 Space to be cleaned and prepared for occupancy 

  

	•	 	 Existing benchtop in support area to be relocated to 3 perimeter offices which presently do not have benchtops. 

Laboratory Area 

Physical 
  

	•	 	 Repaint all walls 

  

	•	 	 Vinyl tile floor in main labs and in all non-office areas where seamless tile does not exist. 

 

	•	 	 New seamless vinyl floor in BL-2A Lab, BL-2B Lab & autoclave/glasswashing room. 

 

	•	 	 New ceiling and lights throughout lab area. 

  

	•	 	 Provide existing laboratory cabinets with new bench tops as indicated in the “Floor Plan Exhibit”. 

 

	•	 	 Provide 10 foot long single tier reagent shelving above three benchtops in “Biology Lab A” 

Mechanical 
  

	•	 	 Assure proper operation of l0ton supplemental air conditioning supplying main Biology Labs A&B 

 

	•	 	 Assure proper operation of air conditioning units, humidification and dehumidification system in both BL-2 labs. 

 

	•	 	 Assure proper operation of cold room. 

  

	•	 	 Assure proper operation of supplemental air conditioning in equipment room. 

 

	•	 	 Provide adequate exhaust air for Tenant’s (three) six foot hoods, BL2 exhaust hood, BL2 Lab sinks, chemical storage room and autoclave.

 Plumbing 
  

	•	 	 Provide separate water supply with approved backflow prevention devices and a hot water tank in or near the location indicated in the “Floor Plan
Exhibit”. 

  

	•	 	 Provide drain connection from all sinks to a new acid neutralization system (location to be determined), 

 

	•	 	 Provide 7 sinks as indicated in plans with eyewash stations. Controls in each of the two BL-2 Labs to be infrared or foot pedal type.

  

	•	 	 Provide emergency showers in each BL 2 lab. 

  

	•	 	 Provide connection of Tenant’s glasswasher to cold water, drain - 

  
 8 

	•	 	 Provide connection of Tenant’s vacuum and air compressor to existing vacuum and air lines. 

 

	•	 	 Provide connection of Tenant’s “gas tanks” to Tenant’s equipment in the two BL-2 labs. 

 

	•	 	 Connect Tenant’s ice machine to cold water and indirect drain. 

Electrical 
  

	•	 	 Provide separate electric service to the premises including submetering of all equipment. 

 

	•	 	 Provide electric outlets on the three reagent shelving in Lab “A”. 

 

	•	 	 Relocate, Provide power for and install the following Tenant’s equipment: 

Lab Services Area: 
 glasswasher. 
 Biology Lab “A”  

-20 chest freezer, -20 Revco freezer, -20 Bench freezer, incubator 37°, Sorvall centrifuge, ultracentrifuge, shaker & ice
machine. 
 BL-2A Lab equipment - 

(1) six foot hood, co2 Nuaire Incubator, co2 Thermo incubator, refrigerator. 

BL-2B Lab equipment - 
 (2) six foot hoods, co2 stack incubator, GS-6K centrifuge, refrigerator. 
  

			
	 •         NOTE:
	  	Emergency power has, in the past, been taken from the building life safety system which is inconsistent with established building policy and must be remedied by the Tenant’s
installation of a separate emergency generator, most likely on the second floor roof proximate to both the leased premises and a natural gas supply. The Landlord shall assist the tenant by requesting the “building electrician” to provide
Tenant a quote for the appropriate work.

 Telecommunications 

 

	•	 	 Landlord shall provide consultant to assist Tenant in the relocation of or purchase of new telecommunications system or but Landlord shall not be
responsible for cost of either consultation or work associated with IT or telecommunications. 

 Relocation
of Equipment 
  

	•	 	 The landlord shall arrange the move and reconnection of Tenant’s large laboratory equipment as specified in equipment list above to the third
floor leased premises. 

  
 9 

  
 

 

  
 10 

 RIVERSIDE TECHNOLOGY CENTER 

LEASE EXTENSION AND MODIFICATION AGREEMENT 
 TO THE LEASE BETWEEN 
 RIVERTECH ASSOCIATES II LLC AND GENETIX
PHARMACEUTICALS, INC. 
 This Lease Extension and Modification Agreement entered into this 24th day of November, 2009
by and between Rivertech Associates II LLC, a Massachusetts limited liability company with a principal address c/o The Abbey Group, 575 Boylston Street Boston, Massachusetts 02116, (the “Lessor”); and Genetix
Pharmaceuticals, Inc., with a business address at 840 Memorial Drive Cambridge, Massachusetts (the “Lessee”); relative to a certain Lease between Lessor’s predecessor (Rivertech Associates LLC) and Lessee dated
February 18, 2000 referred to herein as the “Original Lease” as amended by a certain Amended and Restated Lease Agreement dated May 18, 2007 (the “Lease Amendment”) for certain office and laboratory space
in the building at 840 Memorial Drive Cambridge, Massachusetts currently consisting of 10,500 rentable square feet of space on the third (3rd) floor of the Building (the “Leased Premises”). The Original Lease, as amended by the Amended
and Restated Lease Agreement, shall be referred to herein as the “Amended Lease”. 
 WHEREAS, the Lessee desires to
extend the Term of the Amended Lease, which is to expire on May 31, 2010, on terms and conditions agreeable to both Lessor and Lessee as a further modification to the Amended Lease, and Lessor assents to such extension of the Term by the Lessee
on this basis; 
 THEREFORE, in consideration of One ($1.00) Dollar and the other good and valuable consideration recited herein,
effective and irrevocable as of the date hereof, the Lessor and Lessee hereby agree as follows: 
  

	1.	Modification to Original Lease/Extension of Term 

 Lessee agrees to lease the Leased Premises commencing as of June 1, 2010 for an additional period of twelve (12) months, beginning June 1, 2010 (the “Extension Commencement
Date”) and ending on May 31, 2011 (the “Termination Date”); which additional period shall be referred to as the “Extended Term” or “Term”. 

Notwithstanding the commencement of the Extended Term on the Extension Commencement Date hereunder, this Lease Extension is to be considered a valid and
binding obligation of the parties effective as of the date of execution, with the Amended Lease to continue to govern the Lessee’s use and occupancy of the Leased Premises hereunder through the Term under the Amended Lease and up to the
Extension Commencement Date hereunder. Thereafter, the Amended Lease (including amendment by this Lease Extension and Modification Agreement) shall conjunctively be and shall be referred to as the “Lease” as between the parties for
the Extended Term. 

  

	2.	Terms And Conditions 

 Lessee shall lease
the Leased Premises commencing as of the Extension Commencement Date on the same terms and conditions of the Amended Lease, as modified by this Lease Extension and Modification Agreement, with exception only for those provisions as to which Lessor
and Lessee have already performed their obligations as of the date hereof, (for example, Lessor has heretofore delivered the Leased Premises and Lessee has accepted the same). 

 

	3.	Base Rent and Additional Rent 

 Base Rent
for each month of the Extended Term shall be Thirty Seven Thousand Six Hundred Twenty Five ($ 37,625.00) Dollars per month, totaling Four Hundred Fifty One Thousand Five Hundred ($ 451,500.00) Dollars for the twelve (12) month extension period.

 In all instances Base Rent shall be payable in the corresponding monthly installments set forth above, due on the first of each month, in
advance, and in all other respects shall be subject to the same provisions relating to Base Rent as set forth under the Original Lease. 
 In
addition to Base Rent, Lessee shall continue to be responsible to pay all Additional Rent as set forth in Section 4 of the Amended Lease, consisting of Operating Expenses under Section 4A and Tax Expenses under Section 4B and
Utilities under Section 4C of the Amended Lease; and all conditions thereunder are hereby restated and affirmed and shall govern the use and occupancy of the Leased Premises throughout the Extended Term. 

 

	4.	Leased Premises in “AS/IS” Condition—No Defaults 

 Lessee hereby acknowledges it is currently in possession of the Leased Premises and accordingly accepts the same for the Extended Term in its current “AS/IS” condition, without representation or
warranty of any kind or nature arising from the extension of the Lease by Lessor and Lessee. 
 Lessor and Lessee each acknowledge that to the
best of each of their respective knowledge, there are no material defaults by either presently existing under the Lease. 
  

	5.	Brokers 

 The parties hereby agree there
are no brokerage or other third party fees or costs involved in this transaction and each agrees to indemnify, defend and hold harmless the other from and against any claims for brokerage fees, commissions or other such payments arising from this
transaction. 
  

	6.	Integration Of Documents: Supremacy 

 The
parties hereto intend that this Lease Extension and Modification Agreement operates to amend and modify the Amended Lease, and that those two documents shall be interpreted conjunctively; with any express conflict between the two to be resolved in
favor of the stated terms of this Lease Extension and Modification Agreement. Except as modified hereby, all other terms and conditions of the Amended Lease shall remain unchanged and enforceable in a manner consistent with this Lease Extension And
Modification Agreement. 

  
 2 

 This Agreement shall be governed by the laws of the Commonwealth of Massachusetts. Any provisions deemed
unenforceable shall be severable, and the remainder of this Lease Extension and Modification Agreement and the Original Lease shall be enforceable in accordance with their terms. 
 Witness our hands and seals as of the date first written above. 
  

			
	 LESSOR
  

RIVERTECH ASSOCIATES II, LLC

		
	By:	 	/s/ Robert Epstein
		 	its duly authorized Manager

  

			
	 LESSEE
  

GENETIX PHARMACEUTICALS, INC.

		
	By:	 	/s/ Alfred E. Slanetz
		 	its duly authorized President/Vice President

  

			
	By:	 	Illegible Signature
		 	its duly authorized Treasurer/Ass’t Treasurer

  
 3 

 RIVERSIDE TECHNOLOGY CENTER 

SECOND LEASE EXTENSION AND MODIFICATION AGREEMENT 
 TO THE LEASE BETWEEN 
 RIVERTECH ASSOCIATES II LLC AND BLUEBIRD BIO, INC.

 This Second Lease Extension and Modification Agreement (the “Second Lease Extension Agreement”)
entered into this 12th day of September, 2012 by and
between Rivertech Associates II LLC, a Massachusetts limited liability company with a principal address c/o The Abbey Group, 575 Boylston Street Boston, Massachusetts 02116 (successor in interest as stated below, herein, the
“Lessor”), and Bluebird Bio, Inc., with a business address at 840 Memorial Drive Cambridge, Massachusetts (successor in interest as stated below, herein the “Lessee”), with respect to a certain Lease dated
February IS, 2000 (as amended, as stated below) for certain office space in the building at 840 Memorial Drive Cambridge, Massachusetts. 

WHEREAS, Rivertech Associates, LLC and Genetix Pharmaceuticals, Inc. entered into a certain lease agreement dated February 18, 2000 (the
“Original Lease”); and, 
 WHEREAS, Rivertech Associates, LLC and Genetix Pharmaceuticals, Inc. entered into a certain Amended
and Restated Lease Agreement dated May 18, 2007 (the “First Amended Lease Agreement”); and, 
 WHEREAS, Rivertech
Associates II, LLC (as successor in interest to Rivertech Associates, LLC, the original signatory as Lessor under the Original Lease and First Amended Lease Agreement), and Genetix Pharmaceuticals, Inc., entered into a certain Lease Extension and
Modification Agreement dated November 24, 2009 (the “First Lease Extension Agreement”); and, 
 WHEREAS, Rivertech
Associates II, LLC and Bluebird Bio, Inc. (a Delaware corporation, formerly known as Genetix Pharmaceuticals, Inc.), entered into a certain Second Amended and Restated Lease Agreement dated October 19, 2010 (the “Second Amended Lease
Agreement”); collectively, the Original Lease as amended and modified by the foregoing First Amended Lease Agreement, Lease Extension Agreement, and Second Amended Lease Agreement being referred to herein as the “Existing
Lease”; and, 
 WHEREAS, the current Term under the Existing Lease expires on November 30, 2014 (the “Current
Term”), and the Lessee seeks to extend the Current Term so as to expire on March 31, 2015, which date is referred to herein as the “Extended Term Termination Date”, and which entire term period as extended is referred
to herein as the “Extended Term”; and, 
 WHEREAS, under the Existing Lease the Lessee leases and occupies
approximately 9,488 rentable square feet of space located on the fourth (4th) floor of the Building, in addition to approximately fifty (50) rentable square feet of space on the third (3rd) floor of the Building, for a total of approximately 9,538 rentable square feet of space in the Building,
collectively known under the Existing Lease as the New Leased Premises and referred to herein as the “Existing Premises”; and, 

 
WHEREAS, by this Second Lease Extension Agreement Lessee seeks to add approximately 8,060 rentable square feet of space located on the fourth (4th) floor of the Building, in addition to approximately fifty
(50) rentable square feet of space on the third
(3rd) floor of the Building, for a total of
approximately 8,110 rentable square feet in the Building, as shown on Exhibit A hereto and collectively known as the “Expansion Space”; which, when added to the Existing Premises is collectively referred to herein as the
“Total Leased Premises”; and, 
 WHEREAS, Rivertech Associates II, LLC and Bluebird Bio, Inc., seek by this current agreement
to further amend and modify the Existing Lease to farther extend the Current Term of the Existing Lease, and to lease the Expansion Space, as set forth in detail below and under the terms and conditions of the Existing Lease as it is amended and
modified hereby; 
 THEREFORE, in consideration of One ($1.00) Dollar and the other good and valuable consideration recited herein,
effective and irrevocable as of the date hereof, the Lessor and Lessee hereby agree as follows: 
  

	1.	Modification to Existing Lease / Extension of Current Term 

 The Existing Lease expires on November 31, 2014 at the end of the Current Term. Lessee agrees to extend its tenancy as to the Existing Premises, commencing as of the end of the Current Term under the
Existing Lease (i.e. from November 31, 2014), for an additional four (4) month period beginning on December 1, 2014 (the “Extension Commencement Date”) and ending on March 31, 2015 (the ‘Termination
Date”); which additional period shall be referred to as the “Extended Term” or “Term”. Further, from the Expansion Space Delivery Dates (as defined herein) through the end of the Extended Term, Lessee also
agrees to lease the Expansion Space (as defined herein) on the terms and conditions set forth herein. 
 Notwithstanding the commencement of the
Extended Term on the Extension Commencement Date hereunder, this Lease Extension is to be considered a valid and binding obligation of the parties effective as of the date of execution of this Second Lease Extension Agreement by the parties and its
approval by Lessor’s lender (which approval is an express condition to the extension and expansion contemplated herein and which Lessor shall seek immediately upon execution of this Agreement by both parties); with the Existing Lease to
continue to govern the Lessee’s use and occupancy of the Existing Premises hereunder through the Term and up to the Extension Commencement Date hereunder, subject to the supplemental provisions hereof relating to the Expansion Space (defined
herein). Lessee agrees to execute the Landlord’s lender’s standard Subordination Non-Disturbance and Attornment Agreement upon execution of this Second Lease Extension Agreement and Lessor agrees to promptly use commercially reasonable
efforts to seek its lender’s execution of the same, but without any obligation to actually deliver the same to Lessee and without any material impact on this Second Lease Extension Agreement or the underlying Existing Lease upon any failure to
do so. 
  

	2.	Terms and Conditions 

 Lessee shall lease
the Total Leased Premises (with the addition of the Expansion Space to be leased as of the Expansion Space Delivery Date) on the same terms and conditions of the Existing Lease, as modified by this Second Lease Extension Agreement, with exception
only for 

  
 2 

 
those provisions as to which Lessor and Lessee have already performed their obligations as of the date hereof, (for example, Lessor has heretofore delivered the Existing Premises and Lessee has
accepted the same). The Existing Premises is leased in the same “AS/IS’1 condition as it is as of the execution of this Second Lease Extension Agreement, and Lessee acknowledges Lessor is under no obligation to make any improvements or
modifications thereto, in any manner. 
  

	3.	Expansion Space Added to the Existing Premises 

 Lessor shall deliver the Expansion Space to Lessee (to be added to and, in the aggregate, to constitute the Total Leased Premises). The Expansion Space shall be delivered to the Lessee upon Substantial
Completion (as defined below) of Lessor’s Work (as defined herein below) on the office portion of the Expansion Space (the “Office Expansion Space”) and on the laboratory portion of the Expansion Space (the “Lab
Expansion Space”), herein, the “Office Expansion Delivery Date” and the “Lab Expansion Delivery Date” respectively, and also referred to herein collectively as the “Expansion Delivery
Dates”. As of the respective Expansion Delivery Dates, the Office Expansion Space and the Lab Expansion Space, respectively, shall be Substantially Complete, vacated by any current tenants and occupants; with Lessor’s Work having been
performed in a good and workmanlike manner according to Lessor’s Scope of Work; broom clean. All Lessee’s Rent payments and other Lease obligations relating to the Expansion Space shall commence as of the Expansion Space Office Delivery
Date and the Expansion Space Lab Delivery Date, respectively. All terms and conditions of the Lease shall govern the Lessee’s use and occupancy of the Expansion Space as of the respective Expansion Space Delivery Dates. 

Lessor’s delivery of the Office Expansion Space and the Lab Expansion Space shall be evidenced in each instance by a written notice of delivery
(“Lessor’s Delivery Notice”) given to Lessee on the actual date the respective portion of the Expansion Space is Substantially Complete and provided to Lessee for its occupancy. Lessee shall have five (5) business days to
contest delivery if the Expansion Space is not Substantially Complete or it does not conform with the Lessor’s Scope of Work and Lessor’s Work by delivering its notice thereof in writing to Lessor; however, any listed items of a
“punchlist” nature shall be agreed to by Lessor and Lessee and shall not be grounds to contest delivery, but nevertheless shall obligate Lessor to complete such punchlist items at the earliest practicable time under the circumstances.

 The following conditions to the delivery of the Office Expansion Space and the Lab Expansion Space to the Lessee by the Lessor shall be met
by the Lessor, at its sole cost and expense, prior to the respective Expansion Delivery Dates. The Lessor shall perform, at its sole cost and expense, such design and construction work as is necessary to deliver the respective portions of the
Expansion Space to the Lessee in accord with the “Scope of Landlord’s Work for Additional Premises Only” dated August 13, 2012 attached hereto as Exhibit A (the Exhibit referred to as the “Lessor’s Scope of
Work” and the design and construction obligations thereunder being referred to as the “Lessor’s Work”). All components of Lessor’s Work will be completed in accordance with all applicable laws, rules and
regulations, including but not limited to the latest requirements of NFPA, ANSI Standards, ASHRAE Standards, National Electrical Code, Massachusetts State Building Code, and regulations of the City of Cambridge. Lessor shall deliver the Expansion
Space with the base Building systems serving the same and with Lessee’s specific mechanical, electrical and plumbing systems as required in Lessor’s Scope of Work (i.e. Exhibit A hereto), in good operating condition and repair, and
suitable for their intended uses. 

  
 3 

 
All utilities for the Expansion Space shall be in place and separately metered. The Building and the Expansion Space as delivered to the Lessee will be compliant with the Americans with
Disabilities Act; NFPA compliant pursuant to the Massachusetts State Building Code; and with code compliant demising walls and common area corridors. Lessor shall provide Lessee with the environmental close-out report prepared by the former tenant
for the Expansion Space, and said report shall not disclose any conditions as would materially impair Lessee’s use of the Expansion Space. Subject to the foregoing, Lessor shall not be responsible for any other design or construction work with
respect to either the Existing Premises under the Existing Lease, or the Expansion Space. 
 To the extent Lessee seeks to make any changes to
the Lessor’s Scope of Work as set forth on Exhibit A hereto: (i) such changes will be communicated in writing with sufficient specificity for Lessor to price the changes; (ii) Lessor will provide Lessee with pricing as to such changes
and any estimated delays, if any, that may result for such changes; and (iii) in the event such changes affect the total cost of the Lessor’s Scope of Work, Lessee shall either reimburse Lessor in advance for any increased costs and
expenses, or Lessor shall credit Lessee for any savings against Lessee’s next due payments of Rent hereunder. Upon receiving from Lessor the estimated cost and timing impacts of Lessee’s proposed changes pursuant to subsection
(ii) above, Lessee may choose to not move forward with such proposed changes provided it communicates its final intention to the Lessor in writing within ten (10) days of its receipt of Lessor’s cost and timing impacts. Lessee shall
be solely responsible for any delays in the completion of Lessor’s Work arising from any such requested changes. 
 The Lessee shall be
solely responsible, at its sole cost and expense, to perform such other specific design and construction work on the Expansion Space as it desires for its use and occupancy (“Lessee’s Work”), upon completion of the
Lessor’s Work in the respective office and laboratory portions of the Expansion Space, and delivery of those respective portions the Expansion Space by the Lessor. Lessee shall be provided with access to the Expansion Space commencing upon
execution of this Second Lease Extension Agreement, coordinated through the Lessor, for the purpose of performing preliminary work toward the installation of its equipment and wiring, provided such access and preliminary work does not materially
interfere with Lessor’s ability to perform and complete its Lessor’s Work, which shall take precedence in all respects. Lessee’s Work and all subsequent Lessee alterations to the Leased Premises that are performed by Lessee on or
affecting the fire, life safety and/or sprinkler systems of the building shall be made in such a manner and under such conditions as to pose no adverse impact or interruption to such fire, life safety, and sprinkler systems, and so as not to delay,
impair, or jeopardize the legal occupancy of other tenants in the Building as determined by Lessor and municipal fire and building inspection officials. 
 The Lessor’s Work as to the Office Expansion Space and the Lab Expansion Space, separately, will be deemed “Substantially Complete” as to each: (a) when Lessor’s Work is
substantially complete in accordance with Lessor’s Scope of Work as set forth in Exhibit A and the provisions of this Section 3, except for minor punch list items approved by Lessee that will not materially adversely affect
Tenant’s normal operations in said Expansion Space; Lessor’s Work therein having been performed in a good and workmanlike manner with all necessary municipal approvals for occupancy. 

  
 4 

	4.	Annual Base Rent and Additional Rent 

Annual Base Rent from the date of execution of this Second Lease Extension Agreement through the Extended Term, shall be as set forth below: 

 

	A.	Annual Base Rent as applied to the Existing Premises 

 (i.e. 9,538 rentable square feet of space) 
  

	 	(i)	Balance of the Current Term                 As set forth in the Existing Lease

  

	 	(ii)	Extension Commencement Date            $ 145,136.57 ($ 36,284.14 / mo.) 

through the Termination Date 
  

	B.	Annual Base Rent as applied to the Expansion Space (i.e. 8,110 rentable square feet of space) 

 

	 	(i)	Expansion Space Staggered Delivery Periods—Interim Rent/Per Diem 

 Lessor’s estimated delivery of the Office Expansion Space is targeted to October 1, 2012. Lessor’s estimated delivery of the Lab Expansion Space is targeted to December 1, 2012. The
first day of the calendar month following the day on which the Office Expansion Delivery Date occurs is referred to herein as the “Expansion Rent Start Date”). A per diem calculation is required to determine interim Rent obligations
occurring upon delivery of the respective Office Expansion Space and Lab Expansion Space. Annual Base Rent for the total Expansion Space (office and laboratory) for the first full twelve month period following the Expansion Rent Start Date is
$395,362.50 ($32,946.88 on a monthly basis). This computes to $1,083.18 on a per diem basis. The per diem amount allocated to the Office Expansion Space is $496.42, (i.e. 45.83% at 3,717 rentable square feet of a total 8,110 rentable square feet),
the “Office Per Diem”. The per diem amount allocated to the Lab Expansion Space is $586.76 (i.e. 54.17% at 4,393 rentable square feet of a total 8,110 rentable square feet), the “Lab Per Diem”. 

(x) For the interim period between the Office Expansion Delivery Date and the Expansion Rent Start Date, the Annual Base Rent payment
attributable to the Office Expansion Space shall be determined by taking the number of days from the Office Expansion Delivery Date through the Expansion Rent Start Date and multiplying by $496.42. This amount shall be paid to Lessor.

 (y) For the interim period between the Lab Expansion Delivery Date and the Expansion Rent Start Date (given the possibility
the Expansion Rent Start Date may not have occurred due to delays in delivery of the Office Expansion Space),the Annual Base Rent payment attributable to the Lab Expansion Space shall be determined by taking the number of days from the Lab Expansion
Delivery Date through the Expansion Rent Start Date (if applicable) and multiplying by $586.76. This amount (if applicable) shall be paid to Lessor. 

  
 5 

	 	(ii)	Annual Base Rent due from the Expansion Rent Start Date through the next twelve (12) consecutive months is: 

$ 395,362.50 ($ 32,946.88 /mo.)* 
 *[less the Lab Per Diem for each day in such period that the Lab Expansion Space is not delivered] 
  

	 	(iii)	Annual Base Rent due through the next twelve (12) consecutive months (after (ii) above) is: 

$ 405,500.00 ($ 33,791.60/mo.) 
  

	 	(iv)	Annual Base Rent due through the next consecutive months (after (iii) above) to the end of the Extended Term is: 

$ variable ($ 34,636.46 / mo.) 
 In all instances under A and B above, Annual Base Rent shall be payable in the corresponding monthly installments set forth above, due on the first of each month, in advance, and in all other respects
shall be subject to the provisions relating to Annual Base Rent as set forth under the Existing Lease. 
  

	C.	Additional Rent. 

 In addition to Annual
Base Rent, Lessee shall continue to be responsible to pay all Additional Rent (Operating Expenses) under Section 3 of the Existing Lease, and all Additional Rent (Taxes) under Section 4 thereof, as applicable to both the Existing Premises
and the Expansion Space, as invoiced by Lessor during the Extended Term. A current statement outlining the Operating Expenses incurred for the Building in 2011 is attached hereto as Exhibit B. 

As the concept is used in the Lease to compute Additional Rent, Lessee’s allocable pro rata share (“Allocable Percentage”) shall be
as follows: 
  

	(A)	Allocable Percentage for the Existing Premises running through the end of the Term, shall be 7.4 %. 

 

	(B)	Allocable Percentage for the Expansion Space, starting on the Expansion Space Delivery Dates and running through the end of the Term, shall be 6.29 %.

 To the extent that the Expansion Space Commencement Dates do not fall on the first calendar day of a month, then
the first month in which the Expansion Space Commencement Dates occur will have Additional Rent attributable to the Expansion Space prorated on a per diem basis for that month. 

  
 6 

	D.	Rent and other Costs and Expenses. 

 All
Annual Base Rent, Additional Rent and other sums due as Rent shall be payable and in all other respects shall be governed during the remainder of the Current Term, and for the Extended Term, as contemplated under the Existing Lease, except to the
extent modified and supplemented above. All other costs and expenses for utilities and services and attendant to operation of the Total Leased Premises (i.e. as applicable to both the Existing Premises, and to the Expansion Space as of the
respective Expansion Space Delivery Dates), shall be borne by the respective parties as set forth in the Existing Lease. 
  

	E.	Security Deposit. 

 The Security Deposit
currently held by the Lessor shall continue to be held by Lessor during the Extended Term. 
  

	5.	Permitted Uses 

 The Permitted Uses for
the Total Leases Premises shall be office, R&D and laboratory use in conformity with all federal, state, municipal and local laws, codes, ordinances, rules and regulations of governmental authorities, committees, associations, or other
regulatory committees, agencies or governing bodies having jurisdiction over the Total Leased Premises, and in conformity with the conditions and restrictions set forth in the Original Lease (which are hereby restated and affirmed by Lessee).

  

	6.	Existing Premises in “AS/IS” Condition—No Defaults 

 Lessee hereby acknowledges it is currently in possession of the Existing Premises and accordingly accepts the same from the date of this Second Lease Extension Agreement in its current “AS/IS”
condition, without representation or warranty of any kind or nature arising from the extension of the Lease by Lessor and Lessee. 
 Lessor and
Lessee each acknowledge that to the best of each of their respective knowledge, there are no material defaults by either presently existing under the Lease. 
  

	7.	Brokers 

 The parties hereby agree there
are no brokerage or other third party fees or costs involved in this transaction and each agrees to indemnify, defend and hold harmless the other from and against any claims for brokerage fees, commissions or other such payments arising from this
transaction. 
  

	8.	Parking. 

 Lessee shall be granted, at
current rates (which may be increased from time to time to reflect market increases), the right (but not the obligation) to park up to twenty seven (27) cars in total in the Building’s on-site indoor parking lot or facility on an
unassigned and unreserved basis, in single or tandem spaces or on a valet basis which Lessor in its sole discretion shall designate from time to time. The initial parking rate therefor shall be S225 per month, per car, which monthly rate may be
changed by Lessor in its discretion subject to and reflective of periodic 

  
 7 

 
market changes. Additionally, Lessee shall be entitled to rights to park additional cars in the Building garage (but subject to availability as determined by Lessor, and only on a valet basis,
and then only to the extent Lessor is providing valet service to the Building garage which Lessor shall not be obligated to do), at then current rates as set by Lessor in its discretion. If Lessor cannot accommodate Lessee’s needs for
additional parking in the Building garage, then Lessor will assist Lessee in identifying alternative off-site parking, but Lessor shall bear no liability nor shall it be deemed any default under the Lease if such additional Building garage parking
or off-site parking do not materialize. All payments for these parking rights shall be considered to be Additional Rent under this Lease. This provision supersedes any contrary provisions of the Existing Lease and the specific numeric rights set
forth above supplant the numeric rights otherwise set forth in the Existing Lease. 
  

	9.	Lessee’s Option to Extend 

 Provided
Lessee has not defaulted (after applicable notice, grace and cure periods, if any) under the Lease from the date hereof forward more than two (2) times, and further provided no uncured default on the part of Lessee is then existing, Lessee
shall have the option to further extend the Term of this Lease as to the Total Leased Premises (i.e. inclusive of the Expansion Space) on the terms and conditions herein, for one additional period of thirty six (36) months (herein, the
“Additional Term Extension Period”) at the then current “Market Rent” (including annual escalations thereon for each year of the extended term based on increases in the Consumer Price Index or fixed increases, as the case
may be, as determined by then prevailing market forces), but no less than an amount equal to the annualized Rent per rentable square foot of Total Leased Premises space as of the final full month of the last Lease Year hereunder (the
“Extension Rent Floor”). Said Additional Term Extension Period shall commence, subject to proper exercise of Lessee’s option hereunder, at the end of the Extended Term (i.e. at the end of March, 2015) and shall terminate on
that date which is thirty six (36) consecutive months thereafter (i.e. March 31, 2018). Lessee shall exercise its option by delivering to Lessor its written notice not later than ten (10) full months (but not sooner than twelve
(12) full months) prior to the end of the Extended Term. Once delivered, written notice to extend is irrevocable. 
 “Market
Rent” as used herein, shall be that rent charged for comparable research laboratory and office space of similar age and condition in laboratory buildings the mid-Cambridge submarket as of the end of the Extended Term. If, after good faith
attempts prior to the expiration of the original Term, the Lessor and Lessee cannot agree on a figure representing Market Rent, then either party, upon written notice to the other, may request appraisal and arbitration of the issue as provided in
this section. Within fourteen (14) days of the request for arbitration, each party shall submit to the other the name of one unrelated individual or entity with proven expertise in the leasing of commercial real estate in greater
Boston/Cambridge to serve as that party’s appraiser. Each appraiser shall be paid by the party selecting him or it. The two appraisers shall each submit their final reports to the parties within thirty (30) days of their selection making
their determination as to Market Rent (subject however, to the Extension Rent Floor). The two appraisers shall meet within the next fourteen (14) days to reconcile their reports and collaboratively determine the Market Rent. They shall each
make their determination in writing (subject however, to the Extension Rent Floor), including a statement if such is the case, that they are at an impasse. Such a statement of impasse shall be submitted to the parties along with the Market Rent
figure which each appraiser has selected and his reasons and substantiation 

  
 8 

 
therefor. The appraisers, in case of an impasse, shall also agree on one unrelated individual or entity with expertise in commercial real estate in greater Boston, who shall evaluate the reports
of the two original appraisers and within fourteen (14) days of submission of the issue to him, make his own determination as to a figure representing Market Rent (subject however, to the Extension Rent Floor). The determination of this
individual or entity (i.e. arbitrator) absent, fraud, bias or undue prejudice shall be binding upon the parties. 
 Annual Base Rent and
Additional Rent during any Additional Term Extension Period shall be payable in advance, in equal monthly installments on the first day of each calendar month. 
 Lessee, in addition to the sums payable annually to Lessor as Annual Base Rent, shall pay to Lessor for each year of the Additional Term Extension Period, as Additional Rent, Lessee’s Allocable
Percentage (as determined by the approximate total rentable space leased) for Operating Expenses, Real Estate Taxes and utilities as contemplated in Section 4 hereof. 

 

	10.	Access; Elevators; Dumpsters; Signage 

Lessee shall have 24/7 access to the Total Leased Premises (with regard to the Expansion Space, such access shall be allowed following the applicable
Expansion Delivery Dates), the common areas and elevators serving the Total Leases Premises, the freight elevators servicing the Building, the loading docks servicing the Building and the dumpster and/or compactor servicing the Building. 

Lessor shall provide, at Lessor’s expense, building standard signage in the Building’s lobby, in any Building directory, and at the main
entrance to the Total Leased Premises. 
  

	11.	Integration of Documents; Supremacy 

 This
Second Lease Extension Agreement contains the full understanding and agreement between the parties. The parties hereto intend that this Second Lease Extension Agreement operates to amend and modify the Existing Lease, and that those documents shall
be interpreted conjunctively; with any express conflict between the two to be resolved in favor of the stated terms of this Second Lease Extension Agreement. Except as modified hereby, all other terms and conditions of the Existing Lease shall
remain unchanged and enforceable in a manner consistent with this Second Lease Extension Agreement. Defined terms used in this Second Lease Extension Agreement that are not otherwise defined herein shall have the definitions ascribed to such terms
in the Existing Lease. 
 This Agreement shall be governed by the laws of the Commonwealth of Massachusetts. Any provisions deemed unenforceable
shall be severable, and the remainder of this Second Lease Extension Agreement and the Existing Lease shall be enforceable in accordance with their terms. 
 [Signature Pages Follow] 

  
 9 

 Witness our hands and seals as of the date first written above. 

 

			
	 LESSOR
  

RIVERTECH ASSOCIATES II, LLC

		
	By:	 	/s/ Robert Epstein
		 	its duly authorized Manager

  

			
	 LESSEE
  

BLUEBIRD BIO, INC.

		
	By:	 	/s/ Nick Leschly
		 	its duly authorized President/Vice President

  

			
	By:	 	/s/ Jeffrey T. Walsh
		 	its duly authorized Treasurer/Ass’t Treasurer

  
 10 

			
	 BLUEBIRD BIO, INC.

SECOND LEASE EXTENSION
 AND
MODIFICATION AGREEMENT
	  	EXHIBIT A

 See Attached 

			
	 BLUEBIRD BIO

Floor Four
 840 Memorial Drive
 Cambridge, MA
	  	AUGUST 13, 2012

 SCOPE OF LANDLORDS WORK FOR ADDITIONAL PREMISES ONLY 
 *** Space will be emptied of all furnishing prior to move-in date 
 Partitions: Partitions are to
be removed and relocated as indicated on the accompanying plans. Existing and new walls are comprised of gwb over steel studs and extend from floor to the underside of the suspended ceiling. The walls demising the Administrative areas from R&D
areas extend to the underside of the deck above. All walls will be finished with two coats water based paint. The entire office space will have 2 new coats of water based paint to match bluebird’s existing space color scheme. 

Existing “lavatory” room will have plumbing removed and remain as storage room. New storage room will have VCT removed and new matching
carpeting. 
 Glass Panels: Where they exist, glass panels to remain. Glass panels from 4131 and 4130 will be removed to allow for the
respective doors to be relocated. This is to allow for the modern-fold partition to be stored on the wall in between the doors when it is not separating 4131 and 4130. 
 Entry: Existing glass entry to remain. 
 Doors: Existing doors will be reused and relocated as
necessary provided they have existing full lite glazing. All hardware are lever handles with brushed stainless finish. New office doors will be installed with full lite glazing where applicable. All office doors will have full lite glazing. Office
and conference room door hardware will be comprised of passage function latchsets with brushed stainless finish. Storage room latchsets will be comprised of class room function latchsets with brushed stainless finish. 

Floors: All carpeted areas in the administrative which are affected by construction will be re-carpeted with matching Shaw Contract nylon loop carpet
from “Turn Key Collection. 4” vinyl cove base has been installed at intersection of walls and carpet/vct. Vinyl tile installed in the floor of the kitchenette to remain. VCT will be removed from the storage area and be replaced with
matching carpeting, 4” vinyl cove base will be installed in the storage areas as well as areas affected by construction. 
 Ceilings: All
existing ceiling tiles will remain or be replaced as necessary. Any damaged ceiling tiles will be replaced with matching ceiling tiles. Any damage to ceiling grid will be repaired. 
 Lighting: All existing fluorescent lights will remain and be relocated as necessary to accommodate the new configuration. All existing fluorescent lights will be inspected to insure proper functioning and
be repaired or replaced as necessary. 

  

			
	BluebirdBio Final Scope of Work	 	8/13/2012

 HVAC: The base building HVAC distribution system will be inspected and adjusted as necessary to assure
distribution, airflow, and proper operation of thermostats and variable air volume (VAV) boxes. There will be a redistribution of the system to accommodate 5 separate zones as indicated on the drawings. This work will be designed by landlord’s
consulting engineer. The office area will be provided with make-up air from either the 30 ton roof mounted MUA unit or house systems in order to provide fresh air to the office and maintain positive pressure with respect to R&D space. A
pre-construction balancing/CFM reading will be done to show existing air balance in the space. The landlord’s engineer will perform HVAC load calculations to take into account insulation, square footage, occupancy and equipment heat loss to
determine heating and cooling loads. Expected equipment and occupant load shall be provided to the landlord’s engineer for this purpose. The space will be balanced according to these calculations. All balancing will be conducted by a NEEB
certified balancing technician. Pre-construction balancing, engineering calculations and post-construction “as built” documentation/balancing reports will be provided to the tenant or the tenant’s designee. The new space will conform
to ASHRAE Standard 55 “Thermal Environmental Conditions for Human Occupancy”. All HVAC equipment shall be inspect by the landlord and replaced as necessary. The lessee accepts the existing HVAC system provided that it is in good working
order, that it conforms to ASHRAE Standard 55, and that a reasonable temperature is maintained in the office areas. In the event during the lease term the HVAC system does not meet the aforementioned prerequisites the landlord will provide a new
system which will be replaced at the Landlord’s cost. The tenant will be responsible for maintaining and repairing all tenant specific supplemental mechanical equipment beyond the 6 month warranty period. Tenant specific mechanical equipment
will be delivered in good operating condition. 
 Kitchenette: The kitchenette will remain undisturbed. 

Electrical: Existing electrical outlets throughout the administration area and the office space in the R&D area in the form of existing and new 1l0v
outlets to remain. All utilities servicing the tenant’s premises and equipment are separately metered and will be read monthly by the landlord for reimbursement by the tenant. New outlets will be installed to accommodate the new layout. Each
office will have a minimum of 3 120/20a 5-20R receptacles. All electrical circuits will be labeled via labels at the outlet, junction box, safety switch, or other corresponding electrical equipment and a corresponding label on the electrical panel
indicating the appropriate circuit breaker. 
 Furnishings: No reception desk cubicles, work stations or furniture of any sort shall be provided
by the landlord. 
 Specialties: A demountable partition by Modernfold or equal will be installed as indicated in the plans. This wall will have
a “Dry Erase” surface from floor to ceiling. BluebirdBio or their designee will have access to the space during the renovation to inspect progress and that the work being done conforms to this scope. 

Fire Protection: Fire protection will be added as needed and required by Massachusetts Building cod, NFPA and local Fire Code. 

Work included in this scope will comply with the Massachusetts Building Code and NFPA. 

  

			
	BluebirdBio Final Scope of Work	 	8/13/2012

 R&D AREA  
 Demolition: Existing lab benches, plumbing, piping, vinyl tile, doors and walls required to be removed to accommodate new plan will be removed. The existing 6’ hood shall be capped and removed from
the premises. The existing wing wall adjacent to the hood shall be removed per attached drawings. 
 The entire R&D area will have 2 coats
water based paint applied per Bluebird bio’s existing paint scheme 
 New Partitions: New partitions enclosing new
tissue culture suites shall consist of existing walls comprised of 5/8”gwb over 3  1/2” steel studs and extending from floor to 6” above the underside of the suspended ceiling. Walls and trim will be
finished with two coats water based paint. Paint finish in tissue culture rooms to be semi gloss. 
 The tissue culture rooms will be
separated from the main laboratory by a hallway as indicated in the drawing. 
 Existing glass panels in the exterior offices shall be removed.

 The walls surrounding the “radio-isotope room” shall extend to the underside of the deck above and have an additional layer of
5/8” gwb applied to each accessible side of the wall. Walls will be constructed to the deck above with 2 layers of 5/8” GWB. Walls will be completely sealed with appropriate sealant in order to prevent any contamination of adjoining
spaces. Work will be consistent with attached drawing and keynotes. 
 The existing exterior window in the office to become the darkroom shall
be blacked out via either applied opaque vinyl or an opaque panel which will prevent any light from entering via the window. 
 Doors: Where
indicated on the drawings, Horton Ultra-Clean Series Atmospheric 110 doors with push plate activators and safety scan sensors will be installed. Buttons to activate the doors will be installed. 

A 36” diameter circular darkroom door shall be installed in the office to become the darkroom as indicated on the plans. The door shall fit within a
36” wall opening and have a “pop-out” feature with breakaway hardware for use in emergencies and shall conform to Massachusetts Building Code requirements. 
 Floors: All new tissue culture suite floors will be covered with seamless vinyl with integral vinyl base. Floors where noted in the drawing as indicated by keynotes, to include the radio-isotope room and
hallway, will be covered with seamless vinyl with integral vinyl base. The damaged vinyl floor in the autoclave room will be repaired. 

Ceilings: Except for the tissue culture suite, existing building standard ceiling tiles will remain in the existing grid. In the Tissue Culture Suites,
and as indicated in attached drawing keynotes, to include the radio isotope room and hallway, new solid surface washable ceiling tiles will be installed in the new ceiling grid with vinyl gasketing. Any damaged ceiling tiles will be replaced. Any
damage to ceiling grid will be repaired. 

  

			
	BluebirdBio Final Scope of Work	 	8/13/2012

 Lighting: Except for the new Tissue areas, existing 2x4 and 2x2 fluorescent lights will remain. Solid
surface lens type fluorescent lights will be used in the Tissue Culture, radio-isotope, and Glasswash/Autoclave rooms. 
 BENCHES: The three
remaining lab benches with sink will remain. Oak benches with stainless steel sinks and acid resistant plastic laminate tops will be installed in the two new tissue culture suites while the existing bench and sink in the existing tissue culture
suite shall be relocated as indicated on the plans. Oak benches/casework with a stainless steel sink and epoxy resin counter top will be installed in the radio-isotope room in the form of an L-shape as indicated in the attached drawing. The sink in
the radio-isotope room will have a motion activated faucet. The casework and countertop in the radio-isotope room will be designed such that space for a 4’ fume hood or BSC be provided for future installation. Each lab sink will have protected
hot and cold water and deck mounted emergency eyewash stations. 
 HVAC: The base building HVAC distribution system will be inspected and
adjusted as necessary to assure good operating condition and repair, distribution, airflow, and proper operation of thermostats and variable air volume (VAV) boxes. The existing supplemental air conditioning units will be inspected and put in good
operating condition and repair. One of these supplementary systems will service the main laboratory (4114), the second will service the existing tissue culture suite 4118. The third existing unit will service the new tissue culture suite
(4119) or suite’s (4119 and 4120) depending on HVAC load requirements. If necessary a new unit with integral electric heat will serve the tissue culture suite (4120). The air conditioning units should correspond to what HVAC heating and
cooling is required, as indicated by analysis conducted by the landlord’s engineer. All tenant specific mechanical systems shall be warranted for proper operation for a period of six months provided tenant enters into an appropriate preventive
maintenance agreement for this equipment as stated below. Tenant specific mechanical equipment will be delivered in good operating condition. A pre-construction balancing/cfm reading will be done to show existing air balance in the space. The
landlord’s engineer will perform load calculations to take into account insulation, square footage, occupancy and equipment heat loss to determine heating and cooling loads. Expected equipment and occupant load shall be provided to the
landlord’s engineer for analysis and design of the HVAC system. The space will be balanced according to these calculations. All balancing will be conducted by a NEED certified balancing technician. Pre-construction balancing, engineering
calculations and post-construction “as built” documentation/balancing reports will be provided to the tenant or the tenant’s designee. The new space will conform to ASHRAE 55 “Thermal Environmental Conditions for Human
Occupancy” and ASHRAE Standard 62.1 2010 “Ventilation for Acceptable Indoor Air Quality”. All HVAC equipment shall be inspected by the landlord and replaced as necessary to ensure good operating condition and repair. The lessee
accepts the existing HVAC system provided that it is in good working order, that it conforms to ASHRAE Standard 55, and 62.1 2010, and that a reasonable temperature is maintained in the R&D areas. In the event during the lease term the HVAC
system does not meet the aforementioned prerequisites the landlord will provide a new system which will be at the Landlord’s cost. Tissue culture spaces will have 6 to 15 air changes per hour. Spaces will be pressurized according to the
attached drawing. 

  

			
	BluebirdBio Final Scope of Work	 	8/13/2012

 The fume hood which is to remain in the laboratory is connected to a roof mounted exhaust fan and shall be
air balanced to assure a minimum of 100 FPM airflow across the sash at an 18” sash opening. Fume hood will be equipped with a flow monitoring device which will indicate high/low limits. The remaining approximately 800cfm of exhaust shall be
connected to ceiling grilles in the main lab and shall exhaust the lab. If more CFM is required to exhaust the lab according to the attached pressurization drawing it will be provided at the Landlord’s expense. Exhaust must create negative
pressure in the hallway connecting the tissue culture suites as well as create a negative with regard the office and main lab. The landlord’s engineer will make the necessary calculations and resulting balancing recommendations to ensure that
the space is pressurized accordingly. Make up air shall be provided from a 30 ton roof mounted make-up air unit and shall be fed to each of the three tissue culture suites (4118, 4119, and 4120) and the “radio-isotope room” (4116). Make up
air shall also be provided to the main lab space (4114). All air supplied to each of the tissue culture suites shall be via 95% HEPA filters with 30% pre-filters on each of the ac units, MUA units, feeding, the spaces. Each tissue culture suite
shall have a pressure relief exhaust grill installed on a wall adjacent to the main lab. The tenant will be responsible for maintaining and repairing all tenant specific supplemental mechanical equipment beyond the 6 month warranty period.

 The Lab/Office will be pressurized as indicated in the attached drawing. Room for a 4’ wide fume hood or ducted BSC will be left in the
Radio-Isotope Room. The cost of operating and maintaining both exhaust fan and make up air unit shall be a tenant expense. All Tenant-specific mechanical equipment shall be put on a preventive maintenance agreement by the tenant and at Tenant’s
expense for the duration of the Lease. 
 Plumbing and Waste: The main cold water supply to the lab is located in the “Lab support”
room which also contains a hot water heater, a water check meter and a backflow prevention device. All lab waste is contained in polyethylene piping and leads to an acid waste system consisting of a tank with limestone chips located in an accessible
location on the third floor directly below the premises. Lab waste and holding within the “isotope room” will be connected to the existing laboratory waste system. Before the room is used for radio-isotopes this drain will be disconnected
and is subject to future engineering and installation by the tenant. Future modifications to this drain is not subject to this scope of work. The laboratory wastewater system will be maintained by the tenant who shall also be responsible for
required municipal discharge permits, sampling and testing. 
 Safety Showers will be added in rooms 4116 4119 and 4120 and will meet or exceed
ANSI standards. Requirements for safety showers and eyewash stations throughout the lab space will be accessed by the landlord and will also be made to comply with ANSI standards. 
 Autoclave Room: The landlord has provided a room in which an autoclave can be installed. Actual equipment will be provided by the tenant. The existing laboratory sink with protected hot and cold water and
eyewash shall remain. The seamless vinyl floor with integral base shall be repaired as required. Electrical hot water, drain will be installed to accommodate the future installation of a dishwasher. 

Electrical: Power to various locations within the laboratory exists in the form of existing 110v and 208v outlets. 12 additional 120v/20A circuits, 7
additional 220v/20A circuits shall be added along with a new electrical panel will be connected to the existing roof mounted back up generator. In addition, one existing outlet shall be placed on backup power as well as the 2hp

  

			
	BluebirdBio Final Scope of Work	 	8/13/2012

 
motor driving the roof mounted exhaust fan. Location of these outlets are as indicated on the accompanying plans. Tenant shall share the cost of maintenance and repairs of the back up generator
with any other tenants who are also connected to it. All electrical power, natural gas and water to the tenant’s premises and equipment will be separately metered and read monthly by the landlord for reimbursement by the tenant. New standby
power outlets will be added as indicated on attached drawing. New normal power outlets will be added as indicated on attached drawing. All electrical circuits will be labeled via labels at the outlet, junction box, safety switch, or other
corresponding electrical equipment and a corresponding label on the electrical panel indicating the appropriate circuit breaker. 
 CO2 Piping: Piping for tenants C02 shall be installed as indicated in the accompanying drawings. These shall consist of 1/2:” copper piping from tenant’s existing “tank farm”, 20 CO2
drops to  1/2” ball valve to  1/4” hose barbs as indicated, 16 brass
 1/2” ball valve shut-offs and 5 above ceiling capped  1/2” copper lines for future use. Gas regulators, if required, shall be provided by the tenant.

 Vacuum lines will be installed as shown on the attached drawing. Vacuum drops will consist
of  1/2” type L copper piping from the house vacuum system to drops as indicated on the attached drawing. Each drop will consist of  1/2” copper pipe to  1/2” ball valve to
 1/4” hose barb. 
 BluebirdBio or their designee will have access to
the space during renovation to inspect the progress and that the work being done conforms to this scope. 
 Fire Protection: Fire protection
will be added as needed and required by Massachusetts Building Code, NFPA and local Fire Code. 
 Work included in this scope will comply with
both the Massachusetts Building Code and NFPA. 
 Laboratory Safety Showers/Eyewash stations will be installed as required per ANSI standards.

 Work will be conducted as indicated by attached drawing keynotes. 
 Scope of Work to include all Keynotes in attached drawings with the exception of MEPs in the Radio Isotope Room. 
 Drawings included in this scope of work are diagrammatic in nature. All pre-existing construction and new construction will be reviewed by the landlord’s architect and engineer to insure indicated
changes are made in accordance with Massachusetts Building Code and the NFPA. 

  

			
	BluebirdBio Final Scope of Work	 	8/13/2012

  
 

 

  
 

 

  
 

 

  
 

 

  
 

 

  
 

 

  
 

 

  
 

 

			
	 BLUEBIRD BIO, INC.

SECOND LEASE EXTENSION
 AND
MODIFICATION AGREEMENT
	  	EXHIBIT B

 See Attached 

 EXHIBIT B—Operating Expenses 2011 
 840 Memorial Drive—Riverside Technology Center 
  

									
	 DESCRIPTION
	  	Total	 	  	PSF	 
	 HEAT
	  	$	36,863	  	  	$	0.28	  
	 BUILDING ELECTRIC
	  	$	152,969	  	  	$	1.18	  
	 WATER & SEWER
	  	$	30,053	  	  	$	0.23	  
	 ELEVATOR MAINTENANCE
	  	$	19,295	  	  	$	0.15	  
	 PARKING/CAFÉ EXPENSE
	  	$	26,525	  	  	$	0.20	  
	 RUBBISH REMOVAL
	  	$	17,104	  	  	$	0.13	  
	 INSURANCE
	  	$	30,234	  	  	$	0.23	  
	 GROUNDS CARE
	  	$	19,459	  	  	$	0.15	  
	 LEGAL/ACCT/ADMIN
	  	$	18,675	  	  	$	0.14	  
	 JANITORIAL SERVICES
	  	$	47,707	  	  	$	0.37	  
	 GENERAL MAINTENANCE
	  	$	63,172	  	  	$	0.49	  
	 HVAC MAINTENANCE
	  	$	47,827	  	  	$	0.37	  
	 LIFE SAFETY SYSTEMS
	  	$	29,593	  	  	$	0.23	  
	 MANAGEMENT*
	  	$	280,302	  	  	$	2.16	  
		  	  
	  
	 	  	  
	  
	 
	 Real Estate Taxes (FY 2011)
	  	$	659,946	  	  	$	5.10	  
		  	  
	  
	 	  	  
	  
	 

  

	*	Based upon 5% of income; but not less than this amount. 

 Tenant’s Applicable Percentage is as follows: 
 As to the Leased Premises: 13.69%. 

Existing Premises: 7.40% 
 Expansion Premises:
6.29% 

 RIVERSIDE TECHNOLOGY CENTER 

THIRD AMENDED LEASE AGREEMENT 
 BETWEEN 
 RIVERTECH ASSOCIATES II LLC AND BLUEBIRD BIO, INC.

 This Third Amended Lease Agreement (the “Third Amended Lease Agreement”) entered into this 29 day of July 2013 by and
between Rivertech Associates II LLC, a Massachusetts limited liability company with a principal address c/o The Abbey Group, 575 Boylston Street Boston, Massachusetts 02116 (successor in interest as stated below, herein, the
“Lessor”), and Bluebird Bio, Inc., with a business address at 840 Memorial Drive Cambridge, Massachusetts (successor in interest as stated below, herein the “Lessee”), with respect to a certain Lease dated
February 18, 2000 (as amended, as stated below) for certain office space in the building at 840 Memorial Drive Cambridge, Massachusetts. 

WHEREAS, Rivertech Associates, LLC and Genetix Pharmaceuticals, Inc. entered into a certain lease agreement dated February 18, 2000 (the
“Original Lease”); 
 WHEREAS, Rivertech Associates, LLC and Genetix Pharmaceuticals, Inc. entered into a certain Amended and
Restated Lease Agreement dated May 18, 2007 (the “First Amended Lease Agreement”); 
 WHEREAS, Rivertech Associates II,
LLC (as successor in interest to Rivertech Associates, LLC, the original signatory as Lessor under the Original Lease and First Amended Lease Agreement), and Genetix Pharamceuticals, Inc., entered into a certain Lease Extension and Modification
Agreement dated November 24, 2009 (the “First Lease Extension Agreement”); 
 WHEREAS, Rivertech Associates II, LLC and
Bluebird Bio, Inc. (a Delaware corporation, formerly known as Genetix Pharmaceuticals, Inc.), entered into a certain Second Amended and Restated Lease Agreement dated October 19, 2010 (the “Second Amended Lease Agreement”);

 WHEREAS, Rivertech Associates II, LLC and Bluebird Bio, Inc. entered into a certain Second Lease Extension and Modification Agreement”
dated September 12, 2012 (the “Second Lease Extension Agreement”); 
 WHEREAS, the Original Lease, as amended and modified
by the foregoing First Amended Lease Agreement; Lease Extension Agreement; Second Amended Lease Agreement; and Second Lease Extension Agreement are collectively now referred to herein as the “Existing Lease” (updating redefining
that term as it was used in the Second Lease Extension Agreement); and, 
 WHEREAS, by this Third Amended Lease Agreement
Lessee seeks to lease, use and occupy an additional approximately 5,292 rentable square feet of office space located on the
4th floor of the Building, as shown on the Space Plan
attached hereto as Exhibit A; 

 THEREFORE, in consideration of One ($1.00) Dollar and the other good and valuable consideration
recited herein, effective and irrevocable as of the date hereof, the Lessor and Lessee hereby agree as follows: 
 1. At Will Space Term / At
Will Space Termination 
 The At Will Space is the area on the fourth (4th) floor of the Building, as shown on the “Space
Plan” attached hereto as Exhibit A. 
 Lessee hereby agrees to lease the At Will Space from the Lessor for successive monthly periods
commencing on August 1, 2013 and continuing for each successive calendar month thereafter, until Lessee’s lease, use and occupancy of the At Will Space is terminated by a written notice delivered by either the Lessor or the Lessee to the
other, at least thirty (30) days prior to the intended date for termination (the “At Will Space Termination Date”) as stated therein, which intended date of termination shall be the last day of a calendar month (the “At
Will Space Termination Notice”). 
 Upon termination of the Lessee’s lease, use and occupancy of the At Will Space on the At Will
Space Termination Date by delivery of the At Will Space Termination Notice, the Lessee shall completely surrender and vacate the At Will Space on or before the At Will Space Termination Date, relinquishing all claims to use and occupancy thereof.

 Notwithstanding the termination of the Lessee’s use and occupancy of the At Will Space as aforesaid, the Lessee shall nevertheless
remain fully bound under the terms and conditions of the Existing Lease, and shall continue to lease, use and occupy the Existing Space through the end of the Term of the Existing Lease. 
 2. Terms and Conditions 
 Lessee shall lease the At Will Space on the same terms and
conditions of the Existing Lease, as modified by this Third Lease Amendment, with exception only for those provisions as to which Lessor and Lessee have already performed their obligations as of the date hereof, (for example, Lessor has heretofore
delivered the Existing Premises and Lessee has accepted the same). 
 3. Delivery and Condition of At Will Space 

Lessor shall deliver the At Will Space to the Lessee upon execution of this Third Lease Amendment. 

The At Will Space is leased in an “AS/IS” condition as of the execution of this Third Lease Amendment, and Lessee acknowledges that it has
viewed and investigated the At Will Space and confirms that it is suitable in its current condition in all respects for Lessee’s purposes, accepts the same on that basis. Lessor is under no obligation to make any repairs, improvements or
modifications to the At Will Space, in any manner. Notwithstanding the foregoing, Lessor will provide adequate HVAC and electrical service for the licensed space appropriate for typical office use in the Building. 

 The Lessee shall be solely responsible, at its sole cost and expense, to add any improvements, fixtures or
furnishings to the At Will Space as it desires for its use and occupancy (“Lessee’s Work”); provided the foregoing do not involve or impact any electrical, mechanical, plumbing HVAC, life safety, or structural elements
servicing or within the At Will Space, and further provided all plans and specifications for any such Lessee’s Work are approved in advance in writing by Lessor, and Lessee expressly agrees to remove the same immediately upon termination of its
lease, use and occupancy of the At Will Space and to restore it to its condition as upon delivery by Lessor. Lessee’s Work (as approved by Lessor) and all subsequent Lessee alterations to the Leased Premises that are performed by Lessee on or
affecting the fire, life safety and/or sprinkler systems of the building shall be made in such a manner and under such conditions as to pose no adverse impact or interruption to such fire, life safety, and sprinkler systems, and so as not to delay,
impair, or jeopardize the legal occupancy of other tenants in the Building as determined by Lessor and municipal fire and building inspection officials. 
 4. Annual Base Rent and Additional Rent for the At Will Space 
 In addition to all Annual
Base Rent and Additional Rent payable by Lessee under the Existing Lease as of this Third Amended Lease Agreement, Lessee shall pay to Lessor Annual Base Rent and Additional Rent attributable to the At Will Space, as follows: 

A. Annual Base Rent Attributable to the At Will Space 
 Lessee shall pay to Lessor Annual Base Rent attributable to the At Will Space in the amount Twenty Two Thousand ($ 22,000.00) Dollars per calendar month, for each month from August 1, 2013, until the
At Will Space Termination Date. 
 In all instances, Annual Base Rent shall be due on the first of each month, in advance, and in all other
respects shall be subject to the provisions relating to Annual Base Rent as set forth under the Existing Lease to the extent applicable. 
 B. Additional Rent Attributable to the At Will Space 
 Lessee shall pay to Lessor
Additional Rent Attributable to the At Will Space only as follows (notwithstanding any other provisions of the Existing Lease calling for payment of Additional Rent under the Existing Lease), from August 1, 2013 until the At Will Space
Termination Date: 
 (a) all electrical use for the At Will Space, which will be separately metered to the At Will Space, based
on invoices presented by the Lessor, and payable as directed by the Lessor (i.e. directly to the electric company or reimbursed to the Lessor), at the intervals invoiced by Lessor. 

	 	C.	At Will Space Annual Base Rent and At Will Space Additional Rent Supplement Payments due under the Existing Lease – General Provisions Apply

 The payments specified under paragraphs 4A and 4B above supplement the payments of Annual Base Rent and Additional Rent
required under the Existing Lease 
 All At Will Space Annual Base Rent and At Will Space Additional Rent shall be governed by the terms and
conditions contemplated under the Existing Lease with respect to Annual Base Rent and Additional Rent, except to the extent modified and supplemented in paragraphs 4A and 4B above. 

 

	 	D.	Security Deposit 

 The Security Deposit
currently held by the Lessor shall apply as well to the obligations of the Lessee under this Third Amended Lease Agreement. 
 5. Permitted
Uses 
 The Permitted Uses for the At Will Space shall be general office use, only. Lessee shall comply with all federal, state, municipal
and local laws, codes, ordinances, rules and regulations of governmental authorities, committees, associations, or other regulatory committees, agencies or governing bodies having jurisdiction, and with the conditions and restrictions on use set
forth in the Existing Lease (which are hereby restated and affirmed by Lessee). 
 6. Existing Premises in “AS/IS” Condition –
No Defaults 
 Lessee accepts the At Will Space in its current “AS/IS” condition in all respects, without representation or
warranty of any kind or nature by Lessor. 
 Lessor and Lessee each acknowledge that to the best of each of their respective knowledge, there
are no material defaults by either presently existing under the Lease. 
 7. Brokers 

The parties hereby agree there are no brokerage or other third party fees or costs involved in this transaction and each agrees to indemnify, defend and
hold harmless the other from and against any claims for brokerage fees, commissions or other such payments arising from this transaction. 

8. Access; Elevators; Dumpsters; Security 

Lessee shall have 24/7 access to the At Will Space, the common areas and elevators serving the At Will Space, the freight elevators servicing the
Building, the loading docks servicing the Building and the dumpster and/or compactor servicing the Building. 

 Lessee shall be solely responsible for the security system(s) for the At Will Space, and shall provide
Lessor with a description of the security measures to be taken pursuant thereto. Lessee waives and releases Lessor from and against any and all liability for any harm, damage or claims to persons or property in the At Will Space, and agrees to
indemnify, hold harmless and defend Lessor against any and all such claims, except to the extent arising from Lessor’s gross negligence or willful misconduct. 
 9. Lessor’s Rights Reserved 
 Lessor reserves the right, upon reasonable advance notice
to Lessee, to show the At Will Space to prospective tenants, current and prospective mortgagees, and other third parties during business hours. Lessor shall not materially interfere in Lessee’s use and occupancy of the At Will Space during such
showings. 
 Lessor reserves the right to request, and Lessee agrees to execute, the Lessor’s lender’s standard Subordination
Non-Disturbance and Attornment Agreement; but Lessor shall have no obligation to procure the same. 
 10. Integration of Documents; Supremacy

 This Third Amended Lease Agreement contains the full understanding and agreement between the parties. The parties hereto intend that this
Third Amended Lease Agreement operates to amend and modify the Existing Lease, and that those documents shall be interpreted conjunctively; with any express conflict between the two to be resolved in favor of the stated terms of this Third Amended
Lease Agreement. Except as expressly modified hereby, all other terms and conditions of the Existing Lease shall remain unchanged and enforceable in a manner consistent with this Third Amended Lease Agreement. Defined terms used in this Third
Amended Lease Agreement that are not otherwise defined herein shall have the meaning ascribed to such terms in the Existing Lease. 
 This Third
Amended Lease Agreement shall be governed by the laws of the Commonwealth of Massachusetts. Any provisions deemed unenforceable shall be severable, and the remainder of this Third Amended Lease Agreement and the Existing Lease shall be enforceable
in accordance with their terms. 
 [Signature Pages Follow] 

 Witness our hands and seals as of the date first written above. 

 

			
	LESSOR
	
	RIVERTECH ASSOCIATES II, LLC
		
	By:	 	 /s/ Robert Epstein

	its duly authorized Manager
	
	LESSEE
	
	BLUEBIRD BIO, INC.
		
	By:	 	 /s/ Jeffrey T. Walsh

	its duly authorized President/Vice President
		
	By:	 	 /s/ Linda C. Bain

	Its duly authorized Treasurer/Ass’t Treasurer

			
	 BLUEBIRD BIO, INC.

THIRD AMENDED LEASE AGREEMENT
	  	EXHIBIT A

 See Space Plan for At Will Space Attached

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