Document:

Sublease Agreement

 Exhibit 10.1 
 SUBLEASE 
 AGREEMENT OF SUBLEASE
(this “Agreement” or “Sublease”), made as of the 3rd day of May, 2007, between
Getty Images (US), Inc. (“Sublandlord”), a New York corporation, having an office at 601 North 34th Street, Seattle, Washington 98103 and Cardinia Real Estate, LLC, (“Subtenant”), a Delaware limited liability
company, having an office c/o Omnicom Group Inc., at 437 Madison Avenue, New York, New York 10022. 
 WITNESSETH: 
 WHEREAS, by agreement of lease and various amendments thereto as annexed hereto as Schedule A and made a part hereof (the “Prime
Lease”), between The Rector, Church Wardens and Vestrymen of Trinity Church in the City of New York (“Prime Landlord”) and Sublandlord, as tenant, Prime Landlord leased to Sublandlord certain premises (the “Prime
Lease Premises”) more particularly described in the Prime Lease in the building (the “Building”) located at 75 Varick Street, New York, New York; and 
 WHEREAS, Sublandlord desires to sublease to Subtenant, and Subtenant desires to hire from Sublandlord, a portion of the Prime Lease Premises,
consisting of the entire 6th floor in the Building (the area so sublet is hereinafter referred to as the “Premises” and is described in the diagram annexed hereto as Schedule B), on the terms and conditions hereinafter set
forth; 
 NOW, THEREFORE, in consideration of the mutual covenants contained herein, it is agreed as follows: 
 1.         SUBLEASING OF PREMISES. Sublandlord hereby subleases to Subtenant and Subtenant hereby hires
from Sublandlord the Premises for the Term, as defined below. 
 2.        CONDITION OF
PREMISES. On the Commencement Date (as hereinafter defined), Sublandlord shall deliver the Premises, and Subtenant agrees to accept the Premises, vacant, broom clean and in “as is” condition subject to Sublandlord’s obligations
hereunder, if any. Sublandlord shall not be obligated to perform any work or furnish any materials in, to or about the Premises in order to prepare the Premises for use or occupancy by Subtenant or otherwise except as provided for in this Sublease.

 3.        TERM OF SUBLEASE. The term (“Term”) of this Sublease shall
commence on the latest of the following to occur: (i) delivery of the Premises to Subtenant in the condition required by Article 2 hereof, (ii) Subtenant’s receipt of the written consent of Prime Landlord to this Sublease, and
(iii) June 1, 2007 (the “Commencement Date”) and, unless sooner terminated as herein provided, shall expire on March 30, 2015 (the “Expiration Date”). The parties agree to enter into a
Commencement Date Agreement promptly following same memorializing the actual Commencement Date, but failure to do so shall not relieve any party of any obligations hereunder. 
 4.        PRIME LANDLORD’S CONSENT. This Sublease is subject to and conditioned upon Sublandlord
obtaining the written consent of Prime Landlord to this Sublease. 

 
Sublandlord shall promptly request such consent and use commercially reasonable efforts to obtain same at Sublandlord’s sole cost and expense, but shall
not be required to incur any extraordinary expense in doing so. Subtenant shall cooperate with Sublandlord, at no cost or expense to Subtenant, to obtain such consent and shall provide all information concerning Subtenant that Prime Landlord shall
reasonably request. If such consent is refused or if Prime Landlord shall otherwise fail to grant such consent within forty five (45) days after the date of this Sublease, then either party may, but shall not be obligated, by written notice to
the other, given at any time prior to the granting of such consent, to terminate and cancel this Sublease, whereupon within five days after receipt of such notice of termination Sublandlord shall refund to Subtenant any Rental and Deposit (as
hereinafter defined) paid in advance hereunder. Upon the making of such refunds, neither party hereto shall have any further obligation to the other under this Sublease, except to the extent that the provisions of this Sublease expressly survive the
termination of this Sublease. 
 5.        RENT. 
 A.        Subtenant covenants and agrees to pay to Sublandlord, in lawful money of the United States during the
term hereof fixed rent (“Fixed Rent”) of $218,910.00 per month or $2,626,920.00 per annum commencing on that date which shall be six (6) months following the Commencement Date (the “Rent Commencement Date”)
through the Expiration Date. Subtenant shall pay the first monthly installment of Fixed Rent payable under this Sublease on or before the Rent Commencement Date. 
 B.        In addition to the Fixed Rent, Subtenant covenants and agrees to pay, from and after, the Commencement Date, the following amounts as additional rent under this
Sublease (“Additional Rent”). Except for the Operating Expense Escalation Payment, as defined below, which amount shall be payable monthly in the same manner as Fixed Rent is paid, Sublandlord shall bill Subtenant for each item of
Additional Rent promptly after the amount becomes known and Subtenant shall pay each amount so billed within ten (10) days after being billed therefor. The Additional Rent items to be paid by Subtenant are as follows: 
 (i)        Operating Expense Escalation. Commencing twelve (12) months following the
Commencement Date, Subtenant shall pay Sublandlord an Operating Expense Escalation equal to two and one half percent (2.5%) per annum of the prior year’s Fixed Rent in lieu of any other payment on account of escalations in operating
expenses for the Building, the Prime Lease Premises or the Premises, pursuant to the Prime Lease or otherwise (the “Operating Expense Escalation Payment”). For purposes of illustration, the Fixed Rent plus Operating Expense
Escalation commencing twelve (12) months following the Commencement Date shall be as follows on a monthly and annual basis (it being understood that (i) the dates set forth below are based upon a Commencement Date of June 1, 2007 and
in the event that the Commencement Date varies from that date, the dates set forth below shall vary accordingly) and (ii) if the final period is less than twelve (12) months, then the per annum sum of Fixed Rent plus Operating Expense
Escalation for such period shall be prorated). 
  

							
	 June 1, 2007 – May 31, 2008
	  	$	2,626,920.00/annum	  	$	218,910.00/month
	 June 1, 2008 – May 31, 2009
	  	$	2,692,593.00/annum	  	$	224,382.75/month
	 June 1, 2009 – May 31, 2010
	  	$	2,759,907.80/annum	  	$	229,992.31/month
	 June 1, 2010 – May 31, 2011
	  	$	2,828,905.52/annum	  	$	235,742.13/month
	 June 1, 2011 – May 31, 2012
	  	$	2,899,628.47/annum	  	$	241,635.71/month
	 June 1, 2012 – May 31, 2013
	  	$	2,972,119.18/annum	  	$	247,676.60/month
	 June 1, 2013 – May 31, 2014
	  	$	3,046,422.16/annum	  	$	253,868.51/month
	 June 1, 2014 – Expiration Date
	  	$	3,122,582.71/annum	  	$	260,215.22/month

  

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 ii.        Real Estate Tax Escalations.
Commencing July 1, 2008, Subtenant shall pay real estate tax escalations calculated as provided in Article Thirty of the Prime Lease except that (a) the Base Year shall be computed as the Real Estate Taxes for the fiscal 2007/2008 year,
(b) for purposes of this calculation only, Subtenant’s “Proportionate Share” shall be 33.35% (calculated on the basis of the Premises being deemed to contain 72,970 rentable square feet and Sublandlord’s estimation
that the Prime Lease Premises is deemed to contain 218,783 square feet); (c) “Subsequent Year” shall mean the twelve month period commencing July 1, 2008. Notwithstanding the foregoing, Subtenant shall not be responsible
for any late fees, penalties, or interest imposed as a result of Sublandlord’s failure to timely pay Taxes, provided that Subtenant has timely paid Taxes to Sublandlord. 
 iii.        Electricity. Subtenant is required to pay for electricity at 100% of
Sublandlord’s cost therefor as tenant under the Prime Lease, including all taxes and surcharges, as “Electricity Additional Rent” pursuant to the terms of Article Ten of the Prime Lease; as such amount may be increased or
decreased from time to time, pursuant to the terms of the Prime Lease. All charges for the consumption of Electricity will be measured by submeter(s) measuring only the consumption at the Premises, which submeter will be installed and paid for by
Sublandlord prior to the Commencement Date. For any period of time during the Term in which the submeter is not installed and operational, Subtenant shall pay Sublandlord Subtenant’s Proportionate Share of electricity based on bills delivered
to Sublandlord by Prime Landlord. 
 iv.        Condenser Water. Subtenant
shall pay for condenser water on a direct pass-through basis from Prime Landlord as set forth in Prime Lease. 
 v.        Other. If Sublandlord shall be charged with respect to the Premises for any other sums or charges pursuant to the provisions of the Prime Lease, including, without limitation, for
overtime or other extra services (provided that Subtenant requested such overtime or other extra services), then Subtenant shall be liable for such portion thereof as is proportionately attributable to the Premises, or Subtenant’s Proportionate
Share thereof if attributable to the entire Prime Lease Premises, as Additional Rent under this Sublease and such sums shall be due and payable by Subtenant to Sublandlord on demand. The foregoing shall not be deemed to require Subtenant to make
payments in respect of charges incurred by Sublandlord by reason of the acts or omissions of Sublandlord or any other sublessee. 
 vi.        Copies of Statements. Sublandlord shall furnish Subtenant with copies of any statements relating to real estate taxes delivered by Prime Landlord to Sublandlord. The statements as to
real estate taxes and Operating Escalations furnished by the Sublandlord pursuant to this Article shall be conclusive and binding upon Subtenant unless within the later of (i) sixty (60) days after the receipt of such statements, or
(ii) sixty (60) days after the Subtenant has 

  

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received a copy of the tax bill if the Subtenant has requested a copy of the tax bill within sixty (60) days after receipt of the statements, Subtenant
shall notify Sublandlord that it disputes the correctness thereof, specifying the particular respects in which such statements are claimed to be incorrect. Pending the determination of such dispute, Subtenant shall pay Additional Rent in accordance
with such statements and such payment shall be without prejudice to Subtenant’s position and to the Subtenant’s rights to a refund of any overpayment. If the dispute shall be determined in Subtenant’s favor, Sublandlord shall within
five (5) business days after Sublandlord’s receipt of the notice of such determination, pay Subtenant the amount of Subtenant’s overpayment of Additional Rent resulting from compliance with such statements. This provision shall
survive the expiration or termination of the Sublease and shall be binding on the successors of each party. 
 C.        i.        Fixed Rent and Operating Expense Escalation Payments shall be due and payable in equal monthly installments in advance, two (2) days
preceding the first (1st) day of each calendar month during the Term. If and so long as Subtenant, at Subtenant’s option, elects to make such payment by electronic transfer into an account so designated by Sublandlord, the aforementioned
words “two (2) days preceding” shall be deemed deleted. As used herein, the phrase “Business Days” shall mean all days except Saturdays, Sundays, and days on which banks located within the State of New York are
required or permitted to be closed. If the Commencement Date shall be other than the first day of a month or the expiration or sooner termination of the Term is other than the last day of a month, the monthly installments of Fixed Rent and Operating
Expense Escalation Payments payable hereunder for any such months shall be prorated on a per diem basis based on the actual number of days in such month. 
 ii.        If Sublandlord shall receive a refund of any amounts from the Prime Landlord with
respect to the Premises pursuant to the terms of the Prime Lease, Sublandlord shall promptly notify Subtenant and refund to Subtenant the portion thereof, if any, which shall have been paid by Subtenant hereunder. Sublandlord’s obligations
under this subsection shall survive the expiration or sooner termination of the Term. 
 iii.        All of the amounts payable by Subtenant pursuant to this Sublease, including, without limitation, Fixed Rent, Operating Expense Escalation Payments, Additional Rent, and all other costs,
charges, sums and deposits payable by Subtenant hereunder (collectively, “Rental”), shall constitute Additional Rent under this Sublease and shall be payable to Sublandlord or its designee at such address as Sublandlord shall from
time to time direct in writing within five (5) days after receipt of a written invoice therefor, together with reasonable documentation of such charge, except that Fixed Rent and Operating Expense Escalation Payments shall be due and payable in
accordance with subparagraph (i) of this Section. 
 iv.        Subtenant shall
promptly pay the Rental as and when the same shall become due and payable without setoff, offset or deduction of any kind whatsoever except as may be afforded to Sublandlord under the Prime Lease and, in the event of Subtenant’s failure to pay
same when due, Sublandlord shall have all of the rights and remedies provided for in the Prime Lease or at law or in equity in the case of nonpayment of rent. Subtenant’s obligation to pay Rental shall survive the expiration or sooner
termination of the Term. 
  

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 v.        If any Rental shall not be paid within five (5) days after the same is due hereunder such unpaid Rental shall bear interest from the date on which such Rental was originally due until
the date when paid at a rate which is l  1/2 percent per month computed (on the basis of a 30 day month) from the
date on which Rental became due and payable to the date of payment on the amount of the Rental. 
 D.        Free Rent Period. As set forth in subparagraph (A), the Subtenant shall not be required to pay Fixed Rent and Operating Expense Escalation Payments for the period beginning on the
Commencement Date and ending six (6) months after the Commencement Date. Provided that no default has occurred and is continuing beyond any applicable notice and cure period, Subtenant shall not be required to pay Fixed Rent and Operating
Expense Escalation Payments for the Premises during the following six (6) additional months: June 2008, December 2008, June 2009, December 2009, June 2010 and December 2010 at the then current Fixed Rent. 
 6.        USE. Subtenant shall use and occupy the Premises for executive and general offices and customary
ancillary office uses in connection with Subtenant’s business and for no other purpose. Provided Subtenant receives Sublandlord’s prior written approval (which shall not be unreasonably withheld, conditioned or delayed) and Prime
Landlord’s prior written approval (which may be withheld in Prime Landlord’s sole discretion), Subtenant shall be permitted to modify its use during the Term of this Sublease. 
 7.        SUBORDINATION TO AND INCORPORATION OF THE PRIME LEASE. 
 A.        Except to the extent of any conflict between this Sublease and the Prime Lease, in which event, as
between Sublandlord and Subtenant, this Sublease shall control, this Sublease and all of Subtenant’s rights hereunder are and shall remain in all respects subject and subordinate to (i) all of the terms, conditions and provisions of the
Prime Lease, a true and complete copy of which has been delivered to and reviewed by Subtenant and is attached hereto as Schedule A, (ii) any and all amendments or modifications to the Prime Lease or supplemental agreements relating
thereto hereafter made between the Prime Landlord and Sublandlord which do not in any respect contravene any express rights granted to Subtenant hereunder, increase the obligations of Subtenant or decrease the obligations of Sublandlord hereunder
and (iii) any and all matters to which the tenancy of Sublandlord, as tenant under the Prime Lease, is or may be subordinate. The foregoing provisions shall be self-operative and no further instrument of subordination shall be necessary to
effectuate such provisions. 
 B.        Except as otherwise expressly provided in this Sublease,
Subtenant assumes and shall keep, observe and perform every term, provision, covenant and condition on Sublandlord’s part pertaining to the Premises which is required to be kept, observed and, performed pursuant to the Prime Lease (excepting
any monetary obligations of Sublandlord to Prime Landlord under the Prime Lease), and which arises or accrues during the Term of this Sublease excepting any obligations with respect to any portion of the Prime Lease Premises which is not part of the
Premises. 
 C.        Except as otherwise expressly provided in this Sublease, and except to the

  

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extent inapplicable hereto or inconsistent herewith, the terms, provisions, and conditions contained in the Prime Lease are incorporated in this Sublease by
reference, and are made a part hereof as if herein set forth at length, Sublandlord being substituted for the “Landlord” under the Prime Lease, Subtenant being substituted for the “Tenant” under the Prime Lease, and Premises
being substituted for “Premises” under the Prime Lease. The parties agree that the following provisions of the Prime Lease are not so incorporated herein by reference: 
 Preamble, Articles One, Two (a-d), Eight, Thirteen (d), Twenty-two, Twenty-nine, Thirty (b), Thirty-three; Thirty-eight, Thirty-nine,
Forty-five, both Articles 46, Exhibit A (except for A-4 which is specifically incorporated herein), Exhibit C, Schedule 1 and Schedule 2. In addition, in Article 30, all references to the Operating Expense Payment are deleted and for purposes of the
Real Estate Tax Escalation the date of April 1, 2001 is changed to June 1, 2008. In addition, the First Amendment to Lease (excepting Section 8(b)(i) and (ii) thereof), Second Amendment dated November 20, 2001 and (second)
Second Amendment dated as of May 31, 2002, Third Amendment dated as of January 1, 2006 and the letter agreements dated as of June 19, 2001, November 21, 2001, January 22, 2004 and May 11, 2004 are not so
incorporated herein by reference. 
 D.        Except to the extent otherwise provided in this
Sublease, the time limits set forth in the Prime Lease for the giving of notices, making demands, performance of any act, condition or covenant, or the exercise of any right, remedy or option, are changed for the purposes of incorporation into this
Sublease, by lengthening or shortening the same in each instance, as appropriate, so that notices may be given, demands made, or any act, condition or covenant performed, or any right, remedy or option hereunder exercised, by Sublandlord or
Subtenant, as the case may be (and each party covenants that it will do so), within three (3) Business Days prior to the expiration of the time limit, taking into account the maximum grace period, if any, relating thereto contained in the Prime
Lease. Each party shall promptly deliver to the other party copies of all notices, requests or demands which relate to the Premises or the use or occupancy thereof after receipt of same from the Prime Landlord. In the case of any time limit
described above which is one or two days after the giving of the notice applicable thereto, such notice shall be delivered personally as provided in Article 19 hereof. With respect to any request for overtime services, Subtenant may make such
request in Sublandlord’s name directly to the Prime Landlord, provided such request is made in accordance with the terms of the Prime Lease and a duplicate copy of such request (to the extent such request is in writing) is simultaneously given
to Sublandlord. 
 E.        Except to the extent inconsistent with the terms of this Sublease,
Sublandlord shall have the same rights and remedies with respect to a breach of this Sublease by Subtenant as the Prime Landlord has with respect to a breach of the Prime Lease, as if the same were more fully set forth at length herein, and
Sublandlord shall have, with respect to Subtenant, this Sublease and the Premises, all of the rights, powers, privileges and immunities as are had by the Prime Landlord under the Prime Lease. Sublandlord herein shall not be responsible for any
breach of the Prime Lease by the Prime Landlord or any non-performance or non-compliance with any provision thereof by the Prime Landlord, but Sublandlord shall comply with the provisions of Article 12 hereof. 
  

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 F.        Any right of Prime Landlord under the Prime Lease of
access or inspection and any right of the Prime Landlord under the Prime Lease to do work in the Premises and any right of the Prime Landlord under the Prime Lease in respect of rules and regulations, which is incorporated herein by reference, shall
be deemed to inure to the benefit of Sublandlord, Prime Landlord and any other person intended to be benefited by said provision, for the purpose of incorporation by reference in this Sublease, provided the Sublandlord will provide the Subtenant
with prior notice of its intent to access or inspect the Premises and shall use commercially reasonable efforts to cause Prime Landlord to do same. Further, Sublandlord shall make commercially reasonable efforts to minimize any interference with
Subtenant’s use or occupancy of the Premises or the operation of its business therefrom, including without limitation, by performing any work, improvements, repairs or alterations before or after ordinary business hours and by making
commercially reasonable efforts to reduce the time required to complete any such work, improvements, repairs or alterations and shall make reasonable efforts to cause Prime Landlord to do same. 
 G.        In all provisions of the Prime Lease (under the terms thereof and without regard to modifications
thereof for purposes of incorporation into this Sublease) requiring the approval or consent of Landlord, Subtenant shall be required to obtain the approval or consent of both Prime Landlord and Sublandlord and Sublandlord’s approval shall not
be unreasonably withheld, conditioned or delayed. Similarly, in all provisions of the Master Lease requiring the tenant to submit, exhibit to, supply or provide Landlord with evidence, certificates, or any other matter or thing, Subtenant shall be
required to submit, exhibit to, supply or provide as the case may be, the same to both Landlord and Sublandlord. 
 H.        Neither Sublandlord nor Subtenant shall have any obligation to restore or rebuild any portion of the Subleased Premises after any destruction or taking by eminent domain. 
 I.          Provided Subtenant is not in default under this Sublease beyond applicable periods of
notice and grace, Sublandlord covenants and agrees that it shall not cancel or surrender, agree to or acquiesce in the cancellation or surrender, or do anything or commit any default that results in the cancellation or surrender of the Prime Lease,
except for a termination permitted under the Prime Lease as a result of casualty or condemnation which is not prohibited by Section 17A hereof, or consent to any modification, amendment or supplement to the Prime Lease which will affect
Subtenant’s rights or Sublandlord’s obligations under this Sublease, without the prior written consent of Subtenant which may be granted or withheld in Subtenant’s sole and absolute discretion. Sublandlord shall promptly forward to
Subtenant any default or termination notice with respect to the Prime Lease received by Sublandlord. Notwithstanding the foregoing, Sublessor may voluntarily cancel or surrender the Prime Lease to Prime Landlord or assign the Prime Lease to a third
party provided that the Prime Landlord or the third party, as the case may be, agrees to and shall, as a condition of such assignment, accept this Sublease without modification as a direct lease between Subtenant and such Prime Landlord or third
party, and provided further that Sublandlord transfers to such Prime Landlord or third party the Deposit as further set forth herein. Nothing in this subparagraph 7(I) contained shall be deemed to prohibit Subtenant and Prime Landlord, each at its
option and arbitrary discretion, from entering into a direct lease of the Premises with one another, resulting in this Sublease and the Prime Lease only with respect to the Premises being terminated, provided same does not result in Sublandlord
incurring any additional cost and expense, beyond its own legal fees, in connection therewith. 
  

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 8.        ATTORNMENT. If the Prime Lease and
Sublandlord’s leasehold interest in the Premises shall be terminated, other than as a result of casualty, condemnation or sale in lieu thereof, Subtenant shall, attorn to Prime Landlord and shall, during the Term, perform all of the terms,
covenants and conditions of this Sublease on the part of Subtenant to be performed, except that for the balance of the term of the Sublease, Subtenant shall pay all Fixed Rent and Additional Rent to Prime Landlord at the address of Prime Landlord
provided in the Prime Lease. In the event of any such attornment, Prime Landlord shall not be (a) liable for any act or omission or default of any prior sublessor (including, without limitation, Sublandlord, except for a default which continues
after the date of such attornment); or (b) subject to any offsets or defenses which Subtenant might have against any prior sublessor (including without limitation, Sublandlord); or (c) bound by any rent or additional rent which Subtenant
might have paid for more than the current month to any prior sublessor (including, without limitation, Sublandlord); or (d), bound by any amendment or modification of this Sublease made without Prime Landlord’s consent. The foregoing shall be
self-operative without the necessity of the execution of any further instruments but Subtenant agrees, upon the demand of Prime Landlord, to execute, acknowledge and deliver any instrument or instruments confirming such attornment. 
 9.        QUIET ENJOYMENT. Sublandlord covenants that as long as Subtenant shall pay the Rental due
hereunder and shall not default under this Sublease, then Sublandlord will not default under the Prime Lease and Subtenant shall peaceably and quietly have, hold and enjoy the Premises during the Term without molestation or hindrance by Sublandlord,
subject to the terms, provisions and conditions of the Prime Lease and this Sublease. 
 10.        REPRESENTATIONS, WARRANTIES AND COVENANTS. 
 A.        Sublandlord represents, warrants and covenants to Subtenant as follows as of the date of execution and delivery of this Sublease: 
 (i)            the Prime Lease is in full force and effect in accordance with
and has a longer term than that of the Sublease, and subject to, all of the terms, covenants, conditions and agreements contained therein and all Prime Landlord initial work agreed to be done in the Premises has been completed; 
 (ii)           the Prime Lease has not been modified, amended or supplemented,
except as set forth in Schedule A annexed hereto; 
 (iii)          Sublandlord has not received any notice of any default by the Sublandlord under the Prime Lease, which default remains uncured; 
 (iv)          Sublandlord holds the entire tenant’s interest in the Premises under
the Prime Lease free and clear of any liens, claims, mortgages, charges or encumbrances, subleases and occupancies (other than this Sublease, the Prime Lease and the existing sublease which term expires by its own terms prior to the Commencement
Date of this Sublease), other than matters to which the tenancy of the Sublandlord, as tenant under the Prime Lease, is or may be subordinate; 
  

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 (v)            Sublandlord
has full right, power and authority to enter into this Sublease; 
 (vi)           All building systems servicing the Premises are in working order and condition, and, to the best of Sublandlord’s knowledge are in compliance with New York City
Building Code and free of violations that would prevent Sublandlord’s work or occupancy; 
 (vii)          To Sublandlord’s knowledge, but without independent investigation, there are no adverse environmental conditions relating to the Premises. Subtenant shall not be
responsible for the correction of any environmental conditions which pre-exist the commencement of the Term of this Sublease; 
 (viii)         To Sublandlord’s knowledge, but without independent investigation, no consent is required to this Sublease, except that of the Prime Landlord; 
 (ix)            To Sublandlord’s knowledge, Sublandlord is not in default
under the Prime Lease; and 
 (x)             The Sixth Floor
Assignment (as defined in the Agreement Regarding Sixth Floor Premises dated June 19, 2001) was never consummated. 
 B.        Subtenant hereby warrants represents and covenants to Sublandlord that Subtenant has full right, power and authority to enter into this Sublease. 
 11.        SERVICES AND REPAIRS. Notwithstanding anything to the contrary herein set forth, Subtenant
agrees that Sublandlord shall have no obligation to render or supply any services to Subtenant, including, without limitation (a) the furnishing of electrical energy, heat, ventilation, water, air conditioning, elevator service, cleaning,
window washing, or rubbish removal services, (b) making any alterations, repairs or restorations (unless the need for the alterations, repairs or restorations arose as a result of a negligent act or omission of Sublandlord, and Sublandlord can
provide such alterations, repairs or restorations, it being understood that if Sublandlord cannot provide such alterations, repairs or restorations, it shall make reasonable efforts to request Prime Landlord to do so, and in any event, provided that
Subtenant is not otherwise in default beyond applicable notice and cure under this Sublease), (c) complying with any laws or requirements of any governmental authorities (except to the extent that any obligation to comply with any such laws or
requirements first arose prior to the date of this Sublease), or (d) taking any action that Prime Landlord has agreed to provide, make, comply with, or take, or cause to be provided, made, complied with, or taken under the, Prime Lease
(collectively “Services and Repairs”). Subtenant hereby agrees that Subtenant shall look solely to Prime Landlord for the performance of any and all off such Services and Repairs, subject to the terms and conditions of this
Sublease. Sublandlord hereby grants to Subtenant Sublandlord’s rights under the Prime Lease to receive from the Prime Landlord Services and Repairs to the extent that Sublandlord is entitled (i) to receive same under the Prime Lease and

  

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(ii) to grant same to Subtenant, including, without limitation, condenser water as per Article Thirty-one (c) of the Prime Lease and cleaning as per
Article Thirty-One (d) of the Prime Lease. Subject to the other terms and provisions of this Sublease, including, without limitation, Article Twelve hereof, Sublandlord shall in no event be liable to Subtenant nor shall the obligations of
Subtenant hereunder be impaired or the performance thereof excused because of any failure or delay on the Prime Landlord’s part in furnishing Services or Repairs, unless such failure or delay results from Sublandlord’s default under the
Prime Lease (which default does not result from or is not attributable to any corresponding default of Subtenant under this Sublease). 
 12.        ENFORCEMENT OF PRIME LEASE. If the Prime Landlord shall default in any of its obligations to Sublandlord with respect to the Premises, Sublandlord shall not, except as and to the
extent hereinafter set forth, be obligated to bring any action or proceeding or to take any steps to enforce Sublandlord’s rights against Prime Landlord other than, upon the written request of Subtenant, making a demand upon the Prime Landlord
to perform its obligations under the Prime Lease with respect to the Premises. If following the making of such demand and the expiration of any applicable grace period granted to the Prime Landlord under the Prime Lease, the Prime Landlord shall
fail to perform its obligations under the Prime Lease, then Subtenant shall have the right to take such action in its own name. If any such action against the Prime Landlord in Subtenant’s name is barred by reason of lack of privity,
non-assignability or otherwise, then subject to and upon the following terms, Subtenant may bring such action in Sublandlord’s name and Sublandlord shall execute all documents reasonably required in connection therewith and otherwise reasonably
cooperate with such action, provided (i) the same is without cost and expense to Sublandlord, (ii) Subtenant shall indemnify Sublandlord against all liability for damages, interest, penalties and expenses (including reasonable
attorneys’ fees and expenses) resulting from or incurred in connection with such action; and (iii) Subtenant is not in default hereunder beyond any applicable notice and cure period. 
 13.        ASSIGNMENT, SUBLETTING AND ENCUMBRANCES. 
 A.        Except as otherwise permitted by Article Seventeen of the Prime Lease, or hereinbelow in subparagraph D
of this Article 13, without the prior written consent of Sublandlord (not to be unreasonably withheld, conditioned or delayed) and Prime Landlord, Subtenant shall not (i) assign this Sublease (by operation of law or otherwise),
(ii) sublease all or any part of the Premises, (iii) mortgage, pledge, hypothecate or otherwise encumber its interest in this Sublease or the Premises or any interest therein, or (iv) grant any concession, license or otherwise permit
the Premises to be used or occupied by anyone other than Subtenant. Any assignment, sublease, mortgage, pledge, hypothecation or other encumbrance of or under this Sublease without such prior written consent shall be invalid and without force and
effect. 
 B.        Each and every provision of Article Seventeen of the Prime Lease must be
complied with and it is understood that all approval rights, recapture rights and profit sharing conferred upon “Landlord” therein shall be deemed to be conferred upon both Prime Landlord and Sublandlord (who as between them shall
determine their relative rights). 
 C.        If Subtenant shall at any time request the consent of
Sublandlord and Prime Landlord to any proposed assignment of this Sublease or subletting of all or any portion of the 

  

 10 

 
Premises, Subtenant shall pay on demand the reasonable costs and expenses incurred by Sublandlord and Prime Landlord, including, without limitation,
architect, engineer and reasonable attorneys’ fees and disbursements, and a reasonable administrative fee for review and/or preparation of documents in connection with any proposed or actual assignment of this Sublease or subletting of the
Premises or any part thereof. 
 D.        (i)        Notwithstanding anything in this Sublease to the contrary, but subject in any event to the terms of the Prime Lease, including but not
limited to the First Amendment, subparagraph 8(b)(ii) thereof (which shall govern and be binding with regard to this Section D notwithstanding anything to the contrary otherwise contained herein), Subtenant shall be permitted to allow any
“Omnicom Affiliate,” as defined below, (each a “Designated User”) to occupy space within the Premises, provided that (a) each Designated User occupy space in the Premises for the uses permitted hereunder, and for no
other purpose, (b) Sublandlord is advised by notice of such occupancy by a Designated User prior to same, (c) to the extent requested by Prime Landlord, Subtenant notifies Prime Landlord and (d) appropriate additional insurance (in
accordance with the provisions of this Sublease) is provided to Sublandlord for Sublandlord’s review and approval. Without limiting the number of Designated Users which may occupy all or any portion of the space within the Premises, but subject
in any event to the First Amendment of the Prime Lease subparagraph 8(b)(ii) thereof, as of the date hereof, one (1) Designated User has been identified by Subtenant to Sublandlord as follows: Porter Novelli, Inc. It is agreed that (W) the
Designated Users must comply with all provisions of this Sublease that are obligations of Subtenant and that relate to the use or occupancy of the Premises and a default by any Designated User shall be deemed a default by Subtenant under this
Sublease; (X) all notices required of Sublandlord under this Sublease shall be forwarded only to Subtenant in accordance with the terms of this Sublease and in no event shall Sublandlord be required to send any notices to any Designated Users,
except as otherwise hereinafter provided; (Y) in no event shall any use or occupancy of any portion of the Premises by any Designated User release or relieve Subtenant from any of its obligations under this Sublease; (Z) the Designated
User and its employees, contractors and invitees visiting or occupying space in the Premises shall be deemed agents of Subtenant for purposes of all of Subtenant’s indemnification obligations that relate to the use or occupancy of the Premises
by the Designated Users or that arise out of any acts or omissions of any employee, contractor, agent or invitee of the Designated Users; (v) in no event shall the occupancy of any portion of the Premises by Designated Users be deemed to create
a Sublandlord/Subtenant relationship between Sublandlord and such Designated Users, and, in all instances, Subtenant shall be considered the sole Subtenant under this Sublease notwithstanding the occupancy of any portion of the Premises by the
Designated Users. Without limiting the foregoing, Subtenant shall not be required to deliver to Sublandlord copies of any agreements between a Designated User and Subtenant, Guarantor or an Omnicom Affiliate relating to such Designated User’s
use of space in the Premises, unless such agreement amounts to an assignment of this Sublease (in which case, upon Sublandlord’s request, Subtenant shall deliver a copy of the same to Sublandlord, provided that Subtenant may redact any
financial terms contained therein) or unless otherwise requested by Prime Landlord. As used herein, “Omnicom Affiliate” means any entity that is controlled by the Guarantor. “Control,” as used in the preceding sentence, means the
direct or indirect ownership of more than twenty percent (20%) of the voting securities of an entity or possession of the right to vote more than twenty percent (20%) of the voting interest in the ordinary direction of the entity’s
affairs. 
  

 11 

 (ii)        Operational Issues. Notwithstanding anything
herein to the contrary, if Subtenant has provided in writing to Sublandlord the name, address, telephone and facsimile numbers and other contact information reasonably requested by Sublandlord of a Designated User, any notice relating to operational
issues of the Premises received from such Designated User’s representative by Sublandlord or sent by Sublandlord to such Designated User’s representative shall constitute notice from Subtenant with respect to the portion of the Premises
occupied by the Designated User. 
 14.        INDEMNIFICATION. 
 A.        Sublandlord, Prime Landlord and the employees, agents, contractors, licensees and invitees (collectively
“Agents”) of each (collectively, “Indemnified Parties”), shall not be liable to Subtenant or its agents and Subtenant shall defend, indemnify and hold harmless the Indemnified Parties from and against any and
all suits, claims, demands, liability, damages, costs and expenses of every kind and nature, including, without limiting the generality of the foregoing, attorneys’ fees and expenses, court costs, penalties and fines, incurred in connection
with or arising out of the following to the extent not caused by the negligence or willful misconduct of the Indemnified Parties or matters occurring outside the Premises without the fault of Subtenant: 
 (i)        any injury or damage to any person happening on or about the Premises, or for any
injury or damage to the Premises, or to any property of Subtenant or of any other person, firm, association or corporation on or about the Premises. Any property of Subtenant, its employees, agents, contractors, licensees, and invitees kept or
stored at the Premises shall be kept or stored at the sole risk of Subtenant; 
 (ii)        default by Subtenant in the’ payment of the Rental or any other default by Subtenant in the observance or performance of, or compliance with any of the terms, provisions or conditions
of this Sublease including, without limitation, such matters relating to obtaining the possession of the Premises following any such default; 
 (iii)        the exercise by Subtenant or any person claiming through or under Subtenant of any rights against Prime Landlord granted to Subtenant hereunder (but the foregoing
indemnity shall only inure to Sublandlord’s benefit); 
 (iv)        any holdover
beyond the term of this Sublease (limited to the actual damages relating to such holding over at the Premises, and not the entire Prime Lease Premises); 
 (v)        any acts, omissions or negligence of Subtenant or any person claiming through or under Subtenant, or the Agents of Subtenant or any such person, in or about the
Premises or the Building; 
 (vi)        any proceeding, action or dispute that
Sublandlord or Subtenant may institute or be party to pursuant to Article 12 of this Sublease, except to the extent that any such proceeding, action or dispute shall determine that Prime Landlord’s failure or refusal to provide Services or
Repairs is justified because of Sublandlord’s negligence, misconduct or breach of this Sublease or the Prime Lease, not resulting from Subtenant’s acts or omissions. 
  

 12 

 B.        Sublandlord and Subtenant each agree not to seek
punitive, consequential or special damages from the other; but nothing shall be deemed to limit their rights to actual damages, if any, or Sublandlord’s rights to recover any damages caused by Subtenant for which Sublandlord would be liable
under the Prime Lease. Notwithstanding anything to the contrary contained herein, in the event there is any proceeding, action or dispute between the Sublandlord and the Subtenant including but not limited to the provisions of Article 12, the
non-prevailing party shall pay all reasonable attorneys’ fees, costs and expenses incurred by the prevailing party in enforcing the provisions of this Sublease, suing to collect Rent or to recover possession of the Premises, whether the lawsuit
or other action was commenced by Sublandlord or Subtenant. 
 C.        The provisions of this
Article 14 shall survive the expiration or earlier termination of this Sublease. 
 15.        ALTERATIONS.    (A)         Subject to the terms and provisions of this Sublease, Subtenant shall accept the existing
improvements to the Premises in their “as is” condition as of the date hereof and shall have no obligation to remove those existing improvements at the end of the Term. Subtenant shall make no other alterations, installations, additions or
improvements (collectively, “Alterations”) in or about the Premises without the prior written consent of Sublandlord and Prime Landlord in each instance as provided in the Prime Lease. Any alterations consented to by Prime Landlord
shall be deemed to have been consented to by Sublandlord provided and on condition that Prime Landlord’s consent states that neither Subtenant nor Sublandlord shall be required to restore the Premises upon expiration or earlier termination of
this Sublease to the condition prior to such installation of alteration. If Prime Landlord’s consent does not so state, then Sublandlord’s consent to such Alteration may be reasonably withheld, conditioned or delayed. All alterations shall
be performed by Subtenant at its sole cost and expense and in compliance with all of the provisions of the Prime Lease, including the provisions requiring Prime Landlord’s prior written consent. In the event that Subtenant shall make any
Alterations, Subtenant shall, if required by Prime Landlord and Sublandlord, upon consent for making such Alteration, restore the Premises to their original condition at the commencement of the Sublease (reasonable wear and tear excepted) at the
expiration of this Sublease. Subtenant will only be required to restore Specialty Alterations (as defined in the Prime Lease) or other alterations if required by Prime Landlord if Prime Landlord expressly requires such restoration in writing at the
time it gives its approval. Subtenant hereby indemnifies and holds Sublandlord harmless from any liability, it may incur to Prime Landlord or others resulting from Subtenant’s Alterations. 
 B.        Sublandlord approves, subject to Prime Landlord’s approval (i) the preliminary sketch as
shown on Schedule C annexed hereto and made a part hereof, but Sublandlord reserves its right to review and approve Subtenant’s final plans and specifications, and the sketch remains subject to the provisions of this Sublease, including
but not limited to Articles 15 and 24 hereof, and (ii) those architects, engineers and contractors as shown on Schedule D annexed hereto and made a part hereof. 
  

 13 

 16.        INSURANCE.    A.        Subtenant, at Subtenant’s sole expense, shall maintain such policies of insurance (and in
such form) as are required by the Prime Lease with respect to the Premises, which policies shall be reasonably satisfactory to Sublandlord as to coverage and insurer (which shall be licensed to do business in the State of New York), provided that
such insurance at a minimum include commercial general liability insurance insuring Subtenant against all claims and liabilities arising out of this Sublease and the use, occupancy, or maintenance of the Subleased Premises and all areas appurtenant
thereto. Such policy shall insure the operations of independent contractors and contractual liability and shall: (i) name Prime Landlord and Sublandlord and other parties as required by the Prime Lease as additional insureds with respect to the
commercial general liability policies, and (ii) provide that it is primary and noncontributing with any insurance in force or on behalf of Prime Landlord and Sublandlord. For the purpose of the property insurance, the tenant improvements shall
be insured at their replacement value over the term of this Sublease, which is currently valued at $10,000,000. Prime Landlord and Sublandlord and other parties as required by the Prime Lease shall be named as Loss Payees, as their respective
interests may appear, on Subtenant’s property insurance policy. 
 B.        Notwithstanding the
provisions and requirements of Article 32(b)(1) of the Prime Lease, Subtenant, and/or its insurance agents or carriers, will endeavor to provide Sublandlord and Prime Landlord thirty (30) days prior written notice prior to any policy
cancellation. 
 17.        DESTRUCTION BY FIRE OR OTHER CASUALTY; CONDEMNATION 
 A.        If the Premises or the Building are damaged or destroyed by fire or other casualty, Subtenant shall have
no right to terminate this Sublease except as set forth below in this Section 17A and this Sublease shall not be terminated by Sublandlord by reason of such casualty unless the Prime Lease is terminated by Sublandlord in accordance with the
provisions of this Section l7A below or by the Prime Landlord pursuant to the provisions of the Prime Lease. Sublandlord shall give Subtenant prompt notice of any such termination. If at any time during the Term hereof there is a casualty that
destroys or renders untenantable 25% or more of the Prime Lease Premises, Sublandlord shall have the right to terminate this Sublease. Sublandlord shall also have the right to terminate this Sublease if 30% or more of the Premises is destroyed or
rendered untenantable during the last two (2)years of the Term hereof. Subtenant shall have the right to terminate this Sublease if the whole or substantially the whole of the Premises is rendered untenantable and cannot be repaired within nine
(9) months after the event that destroys or renders the same untenantable. In the event of any partial termination of this Sublease by Subtenant the Fixed Rent and Additional Rent shall be adjusted equitably. Any right of termination in this
Section 17A set forth shall be exercised, if at all, within sixty (60) days after the event that destroys or renders the affected portion of the Building untenantable and if exercised by Sublandlord, it must be exercised simultaneously
with Sublandlord’s termination as to the remaining portions of the Prime Lease Premises affected by the fire or other casualty. 
 B.        If the Premises are partially or totally damaged by fire or other casualty, Subtenant shall receive an abatement of Rental for such casualty only to the extent that Sublandlord receives an
abatement to the extent the same relates to the Premises pursuant to the terms of the Prime Lease. 
 C.        If the Prime Lease is terminated as the result of a taking of all or any portion of the 

  

 14 

 
Building by condemnation (or deed in lieu thereof), this Sublease shall likewise terminate. In such event, Subtenant shall have no claim to any share of the
award, except to file a claim for the value of its fixtures or for moving expenses. In that event, Sublandlord agrees to and does hereby assign to Subtenant the right to claim for all additions, improvements, fixtures, alterations, trade fixtures
and other personal property (“Installed Property”) installed or paid for by Sublandlord. Subtenant agrees to make claim for all said Installed Property, in its name, in addition to or as part of a claim for trade fixtures installed
or paid for by Subtenant, and Sublandlord and Subtenant agree to share in the award or settlement in accordance with the amounts awarded or paid for items installed by each, including interest; or, in the event the award or settlement is in a single
amount, then each shall share in the award or settlement in the proportion that the total of each of the parties’ installations bears to the whole as determined by claimants’ trade fixture appraiser in the appraisal submitted in the
condemnation proceeding. Sublandlord and Subtenant shall pay the expenses of the litigation or settlement in proportion to their shares of the award or payment. In the event Subtenant does not or is unable to claim for trade fixtures, Sublandlord
may make a claim in the name of Subtenant, as agent for Subtenant, and Subtenant does hereby assign the award or payment to Sublandlord for, the purpose of collecting the award or payment to be distributed in the same manner as described above. The
foregoing shall be self-operative without the necessary of the execution of any further instruments. Subtenant shall have the right to terminate this Sublease in the event of any material taking of the Premises in condemnation by notice to
Sublandlord within sixty (60) days of such taking. 
 D.        Subtenant waives the provisions
of Section 227 of the New York Real Property Law, which, is superseded by the provisions of this Article 17. 
 18.        BROKER. Each party warrants and represents to the other party hereto that it has not dealt with any brokers in connection with this Sublease other than CB Richard Ellis, Inc. and WF
Realty LLC, whose fees shall be paid by Sublandlord. Each party hereby indemnifies and holds the other party hereto harmless from any and all loss, damage, claim, liability, cost or expense (including, but not limited to, reasonable, attorneys fees,
expenses. and court costs) arising out of or in connection with any breach of the representation. The provisions of this Article shall survive the expiration or earlier termination of this Sublease. 
 19.        NOTICES. All notices, consents,
approvals or other communications (collectively a “Notice”) required to be, given under this Sublease or pursuant to law shall be in writing and, unless otherwise required by law, shall be either personally delivered (against a
receipt), or sent by reputable overnight courier service, addressed to the party which is to receive such Notice attention: Legal Counsel, 601 N. 34th Street, Seattle, WA 98103, in the case of Notices to Sublandlord, and Attn: Managing Director, in the case of Notices to Subtenant, with a copy sent simultaneously to: Omnicom Group Inc., 437 Madison
Avenue, New York, New York 10022, Attn: Legal Department in the case of Notices to Subtenant) at its address herein set forth, or such other address as either may designate by Notice to the other. Any Notice given pursuant thereto shall be deemed to
have been received on receipt if personally delivered, or on the next business day if delivered by reputable overnight courier service. 
  

 15 

 20.        NO WAIVERS. Failure by either party in any
instance to insist upon the strict performance of any one or more of the obligations of the other party under this Sublease, or to exercise any election herein contained, or acceptance of payment of any kind with knowledge of a default by the other
party shall in no manner be or be deemed to be a waiver by such party of any defaults or breaches hereunder or of any of its rights and remedies by reason of such defaults or breaches, or a waiver or relinquishment for the future of the requirement
of strict performance of any and all of the defaulting party’s obligations hereunder. Further, no payment by Subtenant or receipt, by Sublandlord of a lesser amount than the correct amount of Rental due hereunder shall be deemed to be other
than a payment on account, nor shall any endorsement or statement on any check or any letter accompanying any check or payment be deemed to effect or evidence an accord and satisfaction, and Sublandlord may accept any checks or payments as made
without prejudice to Sublandlord’s right to recover the balance or pursue any other remedy in this Sublease or otherwise provided at law or in equity. 
 21.        CONSENT. 
 A.        Whenever in this Sublease it is provided that either party will not unreasonably withhold its consent to any matter, such party shall also be deemed to have agreed not to unreasonably delay
or condition such consent. Sublandlord shall not be deemed to have unreasonably withheld, conditioned or delayed its consent to any matter if the Prime Landlord’s consent to the matter requested is required by the Prime Lease and if Prime
Landlord shall have withheld or delayed its consent to such matter. The foregoing provisions shall not be deemed a waiver of Subtenant’s rights herein with respect to any default by Prime Landlord in the performance of any of its obligations
affecting the Premises under the Prime Lease. 
 B.        If either party shall request the
other’s consent and such consent is withheld, conditioned or delayed such party shall not be entitled to any damages by reason thereof, it being intended that the sole remedy therefor shall be an action for specific performance or injunction
and that such remedy shall only be available where a party has agreed herein not to unreasonably withhold, condition or delay such consent or where, as a matter of law, such consent may not be unreasonably withheld, conditioned or delayed, and in
the event that the party against whom action is sought prevails thereunder, then the other party shall reimburse the prevailing party for all reasonable attorneys fees, court costs and expenses arising out of such action. 
 22.        GUARANTY; SECURITY DEPOSIT. 
 As a condition to this Sublease and in lieu of a security deposit, Omnicom Group Inc. has delivered an unconditional Guaranty to Sublandlord, an executed
copy of which is annexed hereto as Schedule E. 
 23.        ENTIRE AGREEMENT,
MISCELLANEOUS. 
 A.        This Sublease shall be governed by and construed in accordance with
the law of the State of New York without regard to the conflicts of law principles thereof. 
  

 16 

 B.        The section headings in this Sublease are inserted only
as a matter of convenience for reference and are not to be given any effect in construing this Sublease. 
 C.        If any of the provisions of this Sublease or the application thereof to any person or circumstance shall, to any extent, held to be invalid or unenforceable, the remainder of this Sublease
shall not be affected thereby and shall be valid and enforceable to the fullest extent permitted by law. 
 D.        All of the terms and provisions of this Sublease shall be binding upon and inure to the benefit of the parties hereto and their respective permitted successors and assigns. 
 E.        All prior negotiations and agreements relating to this Sublease and the Premises are merged into this
Sublease. This Sublease may not be amended, modified or terminated, in whole or in part, nor may any of the provisions be waived, except by a written instrument executed by the party against whom enforcement of such amendment, modification,
termination or waiver is sought and unless the same is permitted under the terms and provisions of the Prime Lease. 
 F.        This Sublease shall have no binding force and effect and shall not confer any rights or impose any obligations upon either party unless and until both parties have executed and delivered
same Under no circumstances shall the submission of this Sublease in draft form by or to either party be deemed to constitute an offer for the subleasing of the Premises. 
 G.        This Sublease and all the obligations of Subtenant to pay Rental and perform all of its other covenants and agreements hereunder shall in no way be affected, impaired,
delayed or excused because Sublandlord or Prime Landlord are unable to fulfill any of their respective obligations hereunder, either explicit or implicit, or if Sublandlord or Prime Landlord is prevented or delayed from so doing, in either case by
reason of strikes or labor trouble or by accident or by act of God or by any cause whatsoever reasonably beyond Sublandlord’s or Prime Landlord’s control. 
 H.        Each and every right and remedy of Sublandlord and Subtenant under this Sublease shall be cumulative and in addition to every other right and remedy herein contained
or now or hereafter, existing at law or in equity, by statute or otherwise. 
 I.          At any time and from time to time either party shall, within fifteen (15) days after a written request by the other, execute, acknowledge and deliver to the requesting party
a written statement certifying (i) that this Sublease has not been modified and is in full force and effect or, if modified, that this Sublease is in full force and effect as modified, and specifying such modifications, (ii) the dates to
which the Fixed Rent and Additional Rent and other charges have been paid, (iii) that to the best of the certifying party’s knowledge, no defaults exists under this Sublease or, if any do exist, the nature of such default and (iv) as
to such other matters as Sublandlord or Subtenant may reasonably, request 
 J.          Subtenant agrees that in executing this Sublease, it has not relied upon any statements, representations, covenants or warranties made by Sublandlord or any person acting on
behalf of Sublandlord other than those, if any, expressly set forth in this Sublease and on such investigations, examinations and inspections as Subtenant has chosen to make or has made. 
  

 17 

 K.        This Agreement may be executed in counterparts each of
which, when executed, shall be deemed to be an original and all of which shall be deemed to be one and the same instrument. 
 24.        SUBLANDLORD’S CONTRIBUTION. (a) Upon “Substantial Completion” (hereinafter defined) of Subtenant’s improvements to the Premises in accordance with
plans reasonably approved by Sublandlord and approved by Prime Landlord (to the extent Prime Landlord has a right to consent to same pursuant to the Prime Lease), Sublandlord will reimburse Subtenant an amount no more than $1,459,400.00
(“Construction Allowance” representing $20.00 per rentable square foot) for Subtenant’s improvements to the Premises, provided that (a) in no event shall more than $218,910.00 (representing 15% of the Construction
Allowance) of the Construction Allowance be used towards architectural and engineering fees and (b) Subtenant provides Sublandlord with such lien releases and waivers as Sublandlord reasonably requests from Subtenant’s contractors,
subcontractors and other professionals evidencing that such parties have paid in full for their services. At Subtenant’s option the amount of the Construction Allowance actually expended by Subtenant in accordance with this provision may be
credited against the next Rental coming due, until such credit is exhausted or shall reimburse the Subtenant from time-to-time (but no more often than monthly) for work done in connection with the installation and construction of the
Subtenant’s improvements, provided that the Sublandlord’s obligation to make any such reimbursement shall be subject to the satisfaction of the following conditions: 
 (i)        the work done must conform to the design set forth in the plans approved by Sublandlord
and Prime Landlord, as the case may be, in all material respects and the quality and workmanship of the work done must be reasonably satisfactory to the Sublandlord and the Subtenant (and the Subtenant shall have so stated in its request for
reimbursement); 
 (ii)        with respect to the reimbursement of any partial
payment made on the basis of the percentage of completion of any work, the Sublandlord shall have been furnished a form by the Subtenant’s architect indicating the percentage of completion of the work in question; 
 (iii)        the Sublandlord shall have been furnished with invoices from the vendors, suppliers
or contractors evidencing the amount for which payment or reimbursement is sought, such invoices, if submitted for reimbursement, to be marked “paid in full” by such vendor, supplier or contractor (or, in lieu thereof the Sublandlord shall
be furnished other documentation satisfactory to the Sublandlord evidencing payment in full); and 
 (iv)        the Sublandlord shall have received, with respect to the work done for which payment or reimbursement is claimed hereunder, a written waiver from the contractor or vendor in question (and
all subcontractors and subvendors involved in the work in question) waiving any right to assert any vendor’s mechanic’s or other lien on the building, the Premises or any fixtures, machinery, equipment or other installation therein.

 (b)        If so requested by the Subtenant, in lieu of reimbursing the subtenant, the Sublandlord
will make payment directly to the Subtenant’s vendors, suppliers and contractors (no more often than monthly and not for amounts which aggregate less than $50,000), provided that the Sublandlord’s obligation to make any such payment shall
be subject to the conditions set forth above (except that the invoices to be paid need not be marked “paid in full”). 
  

 18 

 (c)        It is understood and agreed that the Sublandlord shall
have no responsibility for the performance of the contractor installing the Subtenant’s improvements (including matters of quality or timeliness), and in the event that for any reason the Subtenant’s improvements are not completed in a
timely fashion and/or there is any delay in the date on which the Premises is ready for occupancy by the Subtenant for the purposes of conducting business, this Sublease shall nevertheless continue in full force and effect, and the Subtenant shall
have no right, remedy or claim against the Sublandlord. 
 (d)        If the cost of improvements
exceeds this Construction Allowance, the excess shall be paid solely by Subtenant. Should any excess be paid by Sublandlord, Subtenant shall reimburse Sublandlord for such amounts paid in excess of the Construction Allowance not later than ten
(10) days after invoice from Sublandlord to Subtenant for the same. In all circumstances, the Subtenant shall only be entitled to collect such amounts up to the entire Construction Allowance that have actually been incurred by Subtenant in
completing the improvements authorized by Sublandlord and Prime Landlord. For purposes hereof, “Substantial Completion” means that the Subtenant’s work has been completed except for minor details of fit, finish, decoration and
mechanical adjustment, if any, the non-completion of which does not (and the completion of which shall not) materially interfere with the Subtenant’s use of the Premises or the conduct of its business. 
 25.        SIGNAGE. Sublandlord shall use commercially reasonable efforts to cause Prime Landlord to list
the Subtenant and its principal officers and employees in the building’s directory, if any. Sublandlord shall not object to and shall join in Subtenant’s application for rights to elevator lobby signage. It is understood that Subtenant
shall be responsible for any charges made by the Prime Landlord for such listings and that Prime Landlord’s refusal to list Subtenant in the building directory shall not affect this Sublease or Subtenant’s liability hereunder. 

 

 19 

 IN WITNESS WHEREOF, the parties hereto have duly executed this Sublease as of the day and year first
above written. 
  

			
	SUBLANDLORD:
	
	GETTY IMAGES (US), INC.
		
	By:	 	 /s/ JEFF BEYLE

	Name:	 	Jeff Beyle
	Title:	 	President

  

			
	SUBTENANT
	
	CARDINIA REAL ESTATE, LLC
		
	By:	 	 /s/ STEVEN AZZOPARDI

	Name:	 	Steven Azzopardi
	Title:	 	Managing Director

  

 20Second Amended and Restated Registration Rights Agreement

 Exhibit 4.02 
  

 SECOND AMENDED AND RESTATED 
 REGISTRATION RIGHTS AGREEMENT 
 AMONG 
 MERCADOLIBRE, INC. 
 AND

 THE INVESTORS NAMED HEREIN 
 September 24, 2001 
  

			
		 	SECOND AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT, dated as of
September 24, 2001 (the “Agreement”), among MERCADOLIBRE, INC., a Delaware corporation (together with any successors, the “Corporation”), and the Investors (as
defined below).

 The Investors own or have the right to purchase or otherwise acquire shares of Common Stock (as
defined) of the Corporation. The Corporation and the Investors deem it to be in their respective best interests to set forth the rights of the Investors in connection with public offerings and sales of shares of Common Stock and are entering into
this Agreement as a condition to and in connection with the Securities Purchase Agreement (as defined). 
 NOW,
THEREFORE, in consideration of the premises and mutual covenants and obligations hereinafter set forth, the Corporation and the Investors hereby agree as follows: 
 Section 1. DEFINITIONS. 
 As used in this Agreement, the following terms shall have the following meanings: 
 (a)
“Class A Common Stock” shall mean the Class A Common Stock, $0.01 par value per share, of the Corporation. 
 (b) “Class B-1 Common Stock” shall mean the Class B-1 Common Stock, $0.01 par value per share, of the Corporation. 
 (c) “Class B-2 Common Stock” shall mean the Class B-2 Common Stock, $0.01 par value per share, of the Corporation. 
 (d) “Class C Common Stock” shall mean the Class C Common Stock, $0.01 par value per share, of the Corporation.

 (e) “Class D-1 Common Stock” shall mean the Class D-1 Common Stock, $0.01 par value per share, of the
Corporation. 
 (f) “Class D-2 Common Stock” shall mean the Class D-2 Common Stock, $0.01 par value per
share, of the Corporation. 
 (g) “Class E-1 Common Stock” shall mean the Class E-1 Common Stock, $0.01 par
value per share, of the Corporation. 
 (h) “Class E-2 Common Stock” shall mean the Class E-2 Common Stock,
$0.01 par value per share, of the Corporation. 
 (i) “Commission” shall mean the Securities and Exchange
Commission or any other Federal agency at the time administering the Securities Act. 
  

 1 

 (j) “Common Stock” shall mean any shares of (i) Class A Common
Stock; (ii) Class B-1 Common Stock; (iii) Class B-2 Common Stock; (iv) Class C Common Stock; (v) Class D-1 Common Stock; (vi) Class D-2 Common Stock; (vii) Class E-1 Common Stock; (viii) Class E-2 Common Stock and
(ix) any class of common stock of the Corporation issued after the date hereof. 
 (k) “Exchange Act”
shall mean the Securities Exchange Act of 1934 or any successor Federal statute, and the rules and regulations of the Commission promulgated thereunder, all as the same shall be in effect from time to time. 
 (l) “Information” has the meaning ascribed thereto in Section 6(i). 
 (m) “Initial Public Offering” means the first underwritten public offering of Common Stock for sale to the public for the
account of the Corporation and offered on a “firm commitment” or “best efforts” basis pursuant to an offering registered with the Commission under the Securities Act. 
 (n) “Inspectors” has the meaning ascribed thereto in Section 6(i). 
 (o) “Investor” shall mean each party listed on Annex I hereto (i.e., any Original Investor, any
Series C Investor, any Series D Investor and any Series E Investor) or any successor to, or assignee or transferee of, any such Person who or which executes and delivers to the Corporation an Investor Joinder. 
 (p) “Investor Joinder” means a joinder agreement, substantially in the form of Exhibit A hereto, by which a
Person may become an Investor after the date hereof. 
 (q) “Investors’ Counsel” has the meaning
ascribed thereto in Section 6(b). 
 (r) “Majority Investors” has the meaning ascribed thereto in
Section 2(e). 
 (s) “Material Transaction” means any material transaction in which the
Corporation or any of its Subsidiaries proposes to engage or is engaged, including a purchase or sale of assets or securities, financing, merger, consolidation, tender offer or any other transaction that would require disclosure pursuant to the
Exchange Act, and with respect to which the board of directors of the Corporation reasonably has determined in good faith that compliance with this Agreement may reasonably be expected to either materially interfere with the Corporation’s or
such Subsidiary’s ability to consummate such transaction in a timely fashion or require the Corporation to disclose material, non-public information prior to such time as it would otherwise be required to be disclosed. 
 (t) “Original Investor” shall mean each party listed on Section (a) of Annex I hereto which purchased
shares of the Company’s Series A Preferred Stock, Series B-1 Preferred Stock or Series B-2 Preferred Stock or any successor to, or assignee or transferee of, any such Person who or which executes and delivers to the Corporation an Investor
Joinder. 
  

 2 

 (u) “Original Securities Purchase Agreement” shall mean the Securities
Purchase Agreement, dated November 3, 1999, among the Corporation, the Original Investors and the other parties thereto. 
 (v) “Other Shares” shall mean at any time those shares of Common Stock which do not constitute Primary Shares or Registrable Shares. 
 (w) “Person” shall be construed as broadly as possible and shall include, without limitation, an individual, a
partnership, an investment fund, a limited liability company, a corporation, an association, a joint shares company, a trust, a joint venture, an unincorporated organization and a governmental entity or any department, agency or political
subdivision thereof. 
 (x) “Preferred Stock” shall mean any shares of: (i) Series A Preferred Stock;
(ii) Series B-1 Preferred Stock; (iii) Series B-2 Preferred Stock; (iv) Series C Preferred Stock; (v) Series D-1 Preferred Stock; (vi) Series D-2 Preferred Stock; (vii) Series E-1 Preferred Stock; (viii) Series E-2
Preferred Stock and (ix) any series of preferred stock of the Corporation issued after the date hereof. 
 (y)
“Primary Shares” shall mean at any time the authorized but unissued shares of Common Stock or shares of Common Stock held by the Corporation in its treasury. 
 (z) “Registrable Shares” shall mean any Restricted Shares. 
 (aa) “Restricted Shares” means, at any time, with respect to any Investor, shares of Common Stock, and includes:
(i) Common Stock which may be issued as a dividend or distribution; (ii) any other securities which by their terms are exercisable or exchangeable for or convertible into Common Stock (including the Preferred Stock); and (iii) any
securities received in respect of the foregoing, in each case in clauses (i) through (iii) which at any time are held by such Investor. As to any particular shares of Restricted Stock, such shares shall cease to be shares of
Restricted Stock when: (A) they have been registered under the Securities Act, the registration statement in connection therewith has been declared effective and they have been disposed of pursuant to and in the manner described in such
effective registration statement; (B) they are sold or distributed pursuant to Rule 144 or may be sold or distributed by the holder thereof pursuant to Rule 144(k); (C) they have been otherwise transferred and new certificates or other
evidences of ownership for them not bearing a restrictive legend and not subject to any stop transfer order or other restriction on transfer have been delivered by the Corporation or the issuer of other securities issued in exchange for the shares
of Restricted Stock; or (D) they have ceased to be outstanding. 
 (bb) “Registration Date” shall mean
the date upon which the registration statement pursuant to which the Corporation shall have initially registered shares of Common Stock under the Securities Act for sale to the public shall have been declared effective. 
 (cc) “Rule 144” shall mean Rule 144 promulgated under the Securities Act or any successor rule thereto or any
complementary rule thereto (such as Rule 144A). 
  

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 (dd) “Securities Act” shall mean the Securities Act of 1933 or any
successor Federal statute, and the rules and regulations of the Commission thereunder, all as the same shall be in effect from time to time. 
 (ee) “Series C/D Securities Purchase Agreement” shall mean the Securities Purchase Agreement, dated May 5, 2000, among the Corporation, the Series C/D Investors and the other parties thereto.

 (ff) “Series E Purchase Agreement” shall mean the Securities Purchase Agreement, dated of even date
herewith, among the Corporation, the Series E Investor and the other parties thereto (as the same may be amended, restated, supplemented or otherwise modified from time to time). 
 (gg) “Series A Preferred Stock” shall mean the Series A Convertible Preferred Stock, $0.01 par value per share, of the
Corporation. 
 (hh) “Series B-1 Preferred Stock” shall mean the Series B-1 Convertible Preferred Stock,
$0.01 par value per share, of the Corporation. 
 (ii) “Series B-2 Preferred Stock” shall mean the Series B-2
Convertible Preferred Stock, $0.01 par value per share, of the Corporation. 
 (jj) “Series C Preferred
Stock” shall mean the Series C Convertible Preferred Stock, $0.01 par value per share, of the Corporation. 
 (kk)
“Series D Preferred Stock” means, collectively, the Series D-1 Preferred Stock and the Series D-2 Preferred Stock. 
 (ll) “Series D-1 Preferred Stock” shall mean the Series D-1 Convertible Preferred Stock, $0.01 par value per share, of the Corporation. 
 (mm) “Series D-2 Preferred Stock” shall mean the Series D-2 Convertible Preferred Stock, $0.01 par value per share, of
the Corporation. 
 (nn) “Series E-1 Preferred Stock” shall mean the Series E-1 Convertible Preferred Stock,
$0.01 par value per share, of the Corporation. 
 (oo) “Series E-2 Preferred Stock” shall mean the Series E-2
Convertible Preferred Stock, $0.01 par value per share, of the Corporation. 
 (pp) “Series C/D Investor”
shall mean each party listed on Section (b) of Annex I hereto which purchased shares of the Company’s Series C Preferred Stock and/or Series D Preferred Stock, or any successor to, or assignee or transferee of, any such
Person who or which executes and delivers to the Corporation an Investor Joinder. 
  

 4 

 (qq) “Series E Investor” shall mean each party listed on Section
(c) of Annex I hereto which purchased shares of the Company’s Series E-1 Preferred Stock or Series E-2 Preferred Stock, or any successor to, or assignee or transferee of, any such Person who or which executes and delivers to
the Corporation an Investor Joinder. 
 (rr) “Subsidiary” means, with respect to any Person, any other Person
of which the securities having a majority of the ordinary voting power in electing the board of directors (or other governing body) of such other Person, at the time as of which any determination is being made, are owned by such first Person either
directly or through one or more of its Subsidiaries. 
 Section 2. Required Registrations. 
 (a) Original Investors. If the Corporation shall, at any time after the first anniversary of the closing of an Initial
Public Offering be requested by the Original Investors holding at least 50% of the Restricted Shares issued and sold by the Corporation pursuant to the Original Securities Purchase Agreement and then outstanding (on a Common Stock equivalent basis)
to effect a registration under the Securities Act of Registrable Shares having a gross offering price of at least $2,000,000, the Corporation shall promptly use its best efforts to effect the registration under the Securities Act of the Registrable
Shares which the Corporation has been so requested to register subject to other provisions of this Section 2; 
 (b)
Series C/D Investors and Series E Investors. If the Corporation shall, at any time after the earlier of (i) May 5, 2003, and (ii) the date which is six (6) months after the closing of an Initial Public Offering, be
requested by the Series C/D Investors and the Series E Investors holding at least 50% of the Restricted Shares issued and sold by the Corporation pursuant to (i) the Series C/D Securities Purchase Agreement and (ii) the Series E Securities
Purchase Agreement, collectively, and then outstanding (on a Common Stock equivalent basis) to effect a registration under the Securities Act of Registrable Shares having a gross offering price of at least $2,000,000, the Corporation shall promptly
use its best efforts to effect the registration under the Securities Act of the Registrable Shares which the Corporation has been so requested to register, subject to the other provisions of this Section 2. 
 (c) Registration Procedures. Notwithstanding paragraphs (a) and (b) of this Section 2, the Corporation shall
not be obligated to effect any registration under the Securities Act except in accordance with the following provisions: 
 (i) The Corporation shall not be obligated to use its best efforts to file and cause to become effective (A) more than two registration statements pursuant to each of Section 2(a) and Section 2(b), (B) more
than two registration statements pursuant to Section 2(a) or Section 2(b) within six (6) months after any registration statement has been declared effective under Section 2(a) or Section 2(b), or
(C) any registration statement during any period in which any other registration statement (other than on Forms S-4, F-4 or S-8 promulgated under the Securities Act or any successor forms thereto) pursuant to which Primary Shares are to be or
were sold has been filed and not withdrawn or has been declared effective within the prior 90 days. 
  

 5 

 (ii) The Corporation may delay the filing or effectiveness of any registration statement
(A) for a period of up to 90 days after the date of a request for registration pursuant to this Section 2 if at the time of such request (1) the Corporation is engaged, or has fixed plans to engage within 90 days after the date
of such request, in a firm commitment underwritten public offering of Primary Shares in which the holders of Registrable Shares may include Registrable Shares pursuant to Section 3 or (2) a Material Transaction exists, or
(B) if the timing of the effectiveness of such registration statement would require that the Corporation undergo an audit of its financial statements other than in the ordinary course of business; provided that the Corporation may only
so delay the filing or effectiveness of its registration statements (if any) three times pursuant to this Section 2(c). 
 (d) With respect to any registration pursuant to this Section 2, the Corporation may include in such registration any Primary Shares or Other Shares; provided, however, that, if the managing underwriter advises the
Corporation that the inclusion of all Registrable Shares, Primary Shares and Other Shares proposed to be included in such registration would interfere with the successful marketing (including pricing) of the Registrable Shares proposed to be
included in such registration, then the number of Registrable Shares, Primary Shares and Other Shares proposed to be included in such registration shall be included in the following order: 
 (i) first, the Registrable Shares requested to be included in such registration (or, if necessary, such Registrable Shares pro
rata among the holders thereof based upon the number of Registrable Shares requested to be registered by each such holder); 
 (ii) second, the Primary Shares; and 
 (iii) third, the Other Shares. 
 (e) If the method of disposition requested by the holders pursuant to this Section 2 is an underwritten public offering,
Investors holding a majority of the Registrable Shares requested to be registered (the “Majority Investors”) shall have the right to designate the managing underwriter of such offering, subject to the consent of the Corporation,
which consent shall not be unreasonably withheld. 
 (f) At any time before the registration statement covering Registrable
Shares becomes effective, the Majority Investors may request the Corporation to withdraw or not to file the registration statement. In that event, if such request of withdrawal shall not have been caused by, or made in response to, the material
adverse effect of an event on the business, properties, condition, financial or otherwise, or operations of the Corporation, the holders shall have used one of their demand registration rights under Section 2(a) or
Section 2(b), as the case may be, and the Corporation shall no longer be obligated to register Registrable Shares pursuant to the exercise of such one registration right pursuant to Section 2, unless the expenses incurred by
the Corporation through the date of such request are reimbursed. A registration shall not count as a registration statement initiated pursuant to this Section 2 unless it becomes effective and the selling holders are able to sell at
least 80% of their Registrable Shares requested to be included in such registration statement. 
  

 6 

 Section 3. Piggyback Registration. 
 If the Corporation at any time proposes for any reason to register shares of Common Stock under the Securities Act (other than on Form S-4, F-4 or S-8
promulgated under the Securities Act or any successor forms thereto), it shall promptly give written notice to the Investors of its intention to so register such shares and, upon the written request, delivered to the Corporation within 15 days after
delivery of any such notice by the Corporation, of the Investors to include in such registration Registrable Shares (which request shall specify the number of Registrable Shares proposed to be included in such registration), the Corporation shall
use its best efforts to cause all such Registrable Shares to be included in such registration on the same terms and conditions as the securities otherwise being sold in such registration; provided, however, that, if the managing
underwriter advises the Corporation that the inclusion of all Registrable Shares requested to be included in such registration would interfere with the successful marketing (including pricing) of the Primary Shares or Other Shares proposed to be
registered by the Corporation, then the number of Primary Shares, Registrable Shares and Other Shares proposed to be included in such registration shall be included in the following order of priority: 
 (i) first, the Primary Shares; and 
 (ii) second, the Registrable Shares and the Other Shares requested to be included in such registration (or, if necessary, pro rata among the holders thereof, based upon the number of Registrable Shares
and Other Shares requested to be registered by each such holder). 
 Except for the payment by the Corporation of the Investors’
expenses as provided in Section 7, nothing in this Section 3 shall create any liability on the part of the Corporation to the Investors if the Corporation in its sole discretion should decide not to file a registration
statement proposed to be filed pursuant to this Section 3 or to withdraw such registration statement subsequent to its filing, regardless of any action whatsoever that the Investors may have taken, whether as a result of the issuance by
the Corporation of any notice hereunder or otherwise. 
 Section 4. Registrations on Form S-3. 
 Anything contained in Section 2 to the contrary notwithstanding, at such time as the Corporation shall have qualified for the use of Form S-3
promulgated under the Securities Act or any successor form thereto, the Investors shall have the right to request in writing an unlimited number of registrations on Form S-3 (or any successor form thereto) of Registrable Shares, which request or
requests shall: (i) specify the number of Registrable Shares intended to be sold or disposed of and the holders thereof; (ii) state the intended method of disposition of such Registrable Shares; and (iii) relate to Registrable Shares
having an aggregate gross offering price of at least $2,000,000. A requested registration in compliance with this Section 4 shall not count as a registration statement initiated pursuant to Section 2, but shall otherwise be
treated as a registration statement initiated pursuant to, and shall, except as otherwise expressly provided in this Section 4, be subject to Section 2. 
  

 7 

 Section 5. Holdback Agreement. 
 If the Corporation at any time shall register shares of Common Stock under the Securities Act (including any registration pursuant to Sections 2,
3 or 4) for sale to the public in an Initial Public Offering, the Investors shall not sell publicly (not including permissible sales or transfers under Rule 144), make any short sale of, grant any option for the purchase of, or
otherwise dispose publicly (not including permissible sales or transfers under Rule 144) of, any shares of Common Stock or other securities of the Corporation (other than those shares of Common Stock included in such registration pursuant to
Sections 2, 3 or 4) without the prior written consent of the Corporation for a period designated by the Corporation in writing to the Investors, which period shall begin not more than 10 days prior to the effectiveness of the
registration statement pursuant to which such Initial Public Offering shall be made and shall not last more than 180 days after the effective date of the registration statement relating to the Initial Public Offering, provided however,
that all officers and directors of the Company and all other persons with registration rights (whether or not pursuant to this Agreement) enter into similar agreements. The Corporation shall obtain the agreement of any Person permitted to sell
shares in a registration to be bound by and to comply with this Section 5 as if such Person was an Investor hereunder. 
 Section 6. Preparation and Filing. 
 If, and whenever, the Corporation is under an obligation pursuant to this
Agreement to use its best efforts to effect the registration of any Registrable Shares, the Corporation shall, as expeditiously as practicable: 
 (a) use its best efforts to cause a registration statement that registers such Registrable Shares to become and remain effective for a period of 180 days or until all of such Registrable Shares have been disposed of
(if earlier); 
 (b) furnish, at least five business days before filing a registration statement that registers such
Registrable Shares, a prospectus relating thereto or any amendments or supplements relating to such a registration statement or prospectus, to one counsel selected by the Majority Investors (the “Investors’ Counsel”), copies of
all such documents proposed to be filed (it being understood that such five-business-day period need not apply to successive drafts of the same document proposed to be filed so long as such successive drafts are supplied to the Investors’
Counsel in advance of the proposed filing by a period of time that is customary and reasonable under the circumstances); 
 (c) prepare and file with the Commission such amendments and supplements to such registration statement and the prospectus used in connection therewith as may be necessary to keep such registration statement effective for at least a period
of 180 days or until all of such Registrable Shares have been disposed of (if earlier) and to comply with the provisions of the Securities Act with respect to the sale or other disposition of such Registrable Shares; 
  

 8 

 (d) notify in writing the Investors’ Counsel promptly of (i) the receipt by the
Corporation of any notification with respect to any comments by the Commission with respect to such registration statement or prospectus or any amendment or supplement thereto or any request by the Commission for the amending or supplementing
thereof or for additional information with respect thereto, (ii) the receipt by the Corporation of any notification with respect to the issuance by the Commission of any stop order suspending the effectiveness of such registration statement or
prospectus or any amendment or supplement thereto or the initiation or threatening of any proceeding for that purpose (and the Corporation shall use its best efforts to prevent the issuance thereof or, if issued, to obtain its withdrawal) and
(iii) the receipt by the Corporation of any notification with respect to the suspension of the qualification of such Registrable Shares for sale in any jurisdiction or the initiation or threatening of any proceeding for such purposes;

 (e) use its best efforts to register or qualify such Registrable Shares under such other securities or blue sky laws of
such jurisdictions as the Investors reasonably request, to keep such registrations or qualifications in effect for so long as the registration statement covering such Registrable Shares remains in effect and do any and all other acts and things
which may be reasonably necessary or advisable to enable the Investors to consummate the disposition in such jurisdictions of the Registrable Shares owned by the Investors; provided, however, that the Corporation shall not be required
to (i) qualify to do business as a foreign Corporation in any jurisdiction in which it would not otherwise be required to do so but for the requirements of this clause (e), (ii) subject itself to taxation in any such jurisdiction or
(iii) consent to general service of process in any such jurisdiction; 
 (f) furnish to the Investors holding such
Registrable Shares such number of copies of a summary prospectus, if any, or other prospectus, including a preliminary prospectus, in conformity with the requirements of the Securities Act, and such other documents as such Investors may reasonably
request in order to facilitate the public sale or other disposition of such Registrable Shares; 
 (g) use its best efforts to
cause such Registrable Shares to be registered with or approved by such other governmental agencies or authorities as may be necessary by virtue of the business and operations of the Corporation to enable the Investors holding such Registrable
Shares to consummate the disposition of such Registrable Shares, provided, however, that the Corporation shall not be required to (i) qualify to do business as a foreign Corporation in any jurisdiction in which it would not
otherwise be required to do so but for the requirements of this clause (g), (ii) subject itself to taxation in any such jurisdiction or (iii) consent to general service of process in any such jurisdiction; 
 (h) notify on a timely basis the Investors holding such Registrable Shares at any time when a prospectus relating to such Registrable
Shares is required to be delivered under the Securities Act within the appropriate period mentioned in subsection (a) of this Section 6, of the happening of any event as a result of which the prospectus included in such
registration statement, 

  

 9 

 
as then in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the
statements therein not misleading in light of the circumstances then existing and, at the request of the Investors, prepare and furnish to such Investors a reasonable number of copies of a supplement to or an amendment of such prospectus as may be
necessary so that, as thereafter delivered to the offerees of such shares, such prospectus shall not include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements
therein not misleading in light of the circumstances then existing; 
 (i) make available upon reasonable notice and during
normal business hours, for inspection by the Investors holding such Registrable Shares, any underwriter participating in any disposition pursuant to such registration statement and any attorney, accountant or other agent retained by the Investors or
underwriter (collectively, the “Inspectors”), all pertinent financial and other records, pertinent corporate documents and properties of the Corporation (collectively, the “Records”), as shall be reasonably
necessary to enable them to exercise their due diligence responsibility, and cause the Corporation’s officers, directors and employees to supply all information (together with the Records, the “Information”) reasonably
requested by any such Inspector in connection with such registration statement. Any of the Information which the Corporation determines in good faith to be confidential, and of which determination the Inspectors are so notified, shall not be
disclosed by the Inspectors, unless (i) the disclosure of such Information is necessary to avoid or correct a misstatement or omission in the registration statement, (ii) the release of such Information is ordered pursuant to a subpoena or
other order from a court of competent jurisdiction, or (iii) such Information has been made generally available to the public. The Investors agree that they will, upon learning that disclosure of such Information is sought in a court of
competent jurisdiction, give notice to the Corporation and allow the Corporation, at the Corporation’s expense, to undertake appropriate action to prevent disclosure of the Information deemed confidential; 
 (j) use its best efforts to obtain from its independent certified public accountants “cold comfort” letters in customary
form and at customary times and covering matters of the type customarily covered by cold comfort letters; 
 (k) use its best
efforts to obtain from its counsel an opinion or opinions in customary form, naming the Investors holding such Registrable Shares as additional addressees or parties who may rely thereon; 
 (l) provide a transfer agent and registrar (which may be the same entity and which may not be the Corporation) for such Registrable
Shares; 
 (m) issue to any underwriter to which the Investors holding such Registrable Shares may sell shares in such
offering certificates evidencing such Registrable Shares; 
 (n) list such Registrable Shares on any national securities
exchange or automated quotation system of the National Association of Securities Dealers, Inc. (the “NASD”) on which any shares of Common Stock are listed; 
  

 10 

 (o) otherwise use its best efforts to comply with all applicable rules and regulations of
the Commission and make available to its securityholders, as soon as reasonably practicable, earnings statements (which need not be audited) covering a period of 12 months beginning within three months after the effective date of the registration
statement, which earnings statements shall satisfy the provisions of Section 11(a) of the Securities Act; and 
 (p) use
its best efforts to take all other steps necessary to effect the registration of such Registrable Shares contemplated hereby. 
 Each holder
of Registrable Shares which are being or have been registered pursuant to this Agreement shall provide to the Corporation, upon the request of the Corporation, such written information and materials as the Corporation may reasonably request in order
to effect or maintain such registration. Each holder of Registrable Shares, upon receipt of any notice from the Corporation of any event of the kind described in Section 6(h), shall forthwith discontinue the disposition of such
Registrable Shares pursuant to the registration statement covering such Registrable Shares until such holder’s receipt of the copies of the supplemented or amended prospectus contemplated by Section 6(h), and, if so directed by the
Corporation, such holder shall deliver to the Corporation all copies, other than permanent file copies then in such holder’s possession, of the prospectus covering such Registrable Shares at the time of receipt of such notice. 
 Section 7. Expenses. 
 All
expenses (other than underwriting discounts and commissions relating to the Registrable Shares, as provided in the last sentence of this Section 7) incurred by the Corporation or any Investor in complying with this Agreement, including,
without limitation, all registration and filing fees (including all expenses incident to filing with the NYSE, AMEX, NASD and other domestic or foreign exchanges, as applicable), fees and expenses of complying with securities and blue sky laws,
printing expenses, fees and expenses of the Corporation’s counsel and accountants and fees and expenses of the Investors’ Counsel, shall be paid by the Corporation; provided, however, that all underwriting discounts and
selling commissions applicable to the Registrable Shares and Other Shares shall be borne by the holders selling such Registrable Shares and Other Shares, in proportion to the number of Registrable Shares and Other Shares sold by each such holder.

 Section 8. Indemnification. 
 (a) In connection with any registration of any Registrable Shares under the Securities Act pursuant to this Agreement, the Corporation
shall indemnify and hold harmless each holder of Registrable Shares, each underwriter, broker or any other Person acting on behalf of the holders of Registrable Shares and each other Person, if any, who controls any of the foregoing Persons within
the meaning of the Securities Act against any losses, claims, damages or liabilities, joint or several (or actions in respect thereof), to which any of the foregoing Persons may become subject under the Securities Act or otherwise, insofar as such
losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon an untrue statement or 

  

 11 

 
allegedly untrue statement of a material fact contained in the registration statement under which such Registrable Shares were registered under the
Securities Act, any preliminary prospectus (unless such untrue statement or allegedly untrue statement of material fact is corrected in the final prospectus) or final prospectus contained therein or otherwise filed with the Commission, any amendment
or supplement thereto or any document incident to registration or qualification of any Registrable Shares, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary
to make the statements therein not misleading or, with respect to any prospectus, necessary to make the statements therein in light of the circumstances under which they were made not misleading, or any violation by the Corporation of the Securities
Act or state securities or blue sky laws applicable to the Corporation and relating to action or inaction required of the Corporation in connection with such registration or qualification under such state securities or blue sky laws pursuant hereto;
and shall reimburse the holders of Registrable Shares, such underwriter, such broker or such other Person acting on behalf of the holders of Registrable Shares and each such controlling Person for any legal or other expenses reasonably incurred by
any of them in connection with investigating or defending any such loss, claim, damage, liability or action; provided, however, that the Corporation shall not be liable in any such case to the extent that any such loss, claim, damage,
liability or action (including any legal or other expenses incurred) arises out of or is based upon an untrue statement or allegedly untrue statement or omission or alleged omission made in said registration statement, preliminary prospectus, final
prospectus, amendment, supplement or document incident to registration or qualification of any Registrable Shares in reliance upon and in conformity with written information furnished to the Corporation through an instrument duly executed by the
holders of Registrable Shares or the underwriter specifically for use in the preparation thereof; 
 (b) In connection with
any registration of Registrable Shares under the Securities Act pursuant to this Agreement, each seller of Registrable Shares shall severally and not jointly indemnify and hold harmless (in the same manner and to the same extent as set forth in
Section 8(a)) the Corporation, each director of the Corporation, each officer of the Corporation who shall sign such registration statement, each underwriter, broker or other Person acting on behalf of the holders of Registrable Shares
and each Person who controls any of the foregoing Persons within the meaning of the Securities Act with respect to any statement or omission from such registration statement, any preliminary prospectus or final prospectus contained therein or
otherwise filed with the Commission, any amendment or supplement thereto or any document incident to registration or qualification of any Registrable Shares, if such statement or omission was made in reliance upon and in conformity with written
information furnished to the Corporation or such underwriter through an instrument duly executed by such seller specifically for use in connection with the preparation of such registration statement, preliminary prospectus, final prospectus,
amendment, supplement or document; provided, however, that the maximum amount of liability in respect of such indemnification shall be in proportion to and limited to, in the case of each seller of Registrable Shares, an amount equal
to the net proceeds actually received by such seller from the sale of Registrable Shares effected pursuant to such registration. 
  

 12 

 (c) Promptly after receipt by an indemnified party of notice of the commencement of any
action involving a claim referred to in Sections 8(a) and 8(b), such indemnified party will, if a claim in respect thereof is made against an indemnifying party, give written notice to the latter of the commencement of such action. In
case any such action is brought against an indemnified party, the indemnifying party will be entitled to participate in and to assume the defense thereof, jointly with any other indemnifying party similarly notified to the extent that it may wish,
with counsel reasonably satisfactory to such indemnified party, and after notice from the indemnifying party to such indemnified party of its election so to assume the defense thereof, the indemnifying party shall not be responsible for any legal or
other expenses subsequently incurred by the indemnified party in connection with the defense thereof; provided, however, that, if any indemnified party shall have reasonably concluded that there may be one or more legal or equitable
defenses available to such indemnified party which are additional to or conflict with those available to the indemnifying party, or that such claim or litigation involves or could have an effect upon matters beyond the scope of the indemnity
agreement provided in this Section 8, then the indemnifying party shall not have the right to assume the defense of such action on behalf of such indemnified party and such indemnifying party shall reimburse such indemnified party and
any Person controlling such indemnified party for that portion of the fees and expenses of any counsel retained by the indemnified party which is reasonably related to the matters covered by the indemnity agreement provided in this
Section 8. The indemnifying party shall not be liable to indemnify any indemnified party for any settlement of any claim or action effected without the consent of the indemnifying party. The indemnifying party may not settle any claim or
action brought against an indemnified party unless such indemnified party is released from all and any liability as part of such settlement. 
 (d) If the indemnification provided for in this Section 8 is held by a court of competent jurisdiction to be unavailable to an indemnified party with respect to any loss, claim, damage, liability or action
referred to herein, then the indemnifying party, in lieu of indemnifying such indemnified party hereunder, shall contribute to the amounts paid or payable by such indemnified party as a result of such loss, claim, damage, liability or action in such
proportion as is appropriate to reflect the relative fault of the indemnifying party on the one hand and of the indemnified party on the other in connection with the statements or omissions which resulted in such loss, claim, damage, liability or
action as well as any other relevant equitable considerations; provided, however, that, if the circumstances described in the proviso in Section 8(a) apply to the indemnified party, then the indemnifying party shall not be
obligated to contribute with respect to such loss, claim, damage, liability or action to the extent set forth in such proviso; provided further, however, that the maximum amount of liability of any seller of Registrable Shares
in a registration under this Section 8(d) shall be limited to an amount equal to the net proceeds actually received by such seller from the sale of Registrable Shares effected pursuant to such registration. The relative fault of the
indemnifying party and of the indemnified party shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates to
information supplied by the indemnifying party or by the indemnified party and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. 
  

 13 

 (e) The Corporation and the sellers of Registrable Shares agree that it would not be just
and equitable if contribution pursuant to Section 8(d) were determined by pro rata allocation (even if the holders and any underwriters were treated as one entity for such purpose) or by any other method of allocation that
does not take account of the equitable considerations referred to in Sections 8(c) and 8(d). The amount paid or payable by an indemnified party as a result of the losses, claims, damages and liabilities referred to in subsection
(d) of this Section 8 shall be deemed to include, subject to the limitations set forth above, any legal or other expenses reasonably incurred by such indemnified party in connection with investigating or defending any such
action or claim. 
 Section 9. Underwriting Agreement. 
 Notwithstanding the provisions of Sections 5, 6, 7 and 8, to the extent that the sellers of Registrable Shares shall enter
into an underwriting or similar agreement, which agreement contains provisions covering one or more issues addressed in such Sections, the provisions contained in such agreement addressing such issue or issues shall control; provided,
however, that any such agreement to which the Corporation is not a party shall not be binding upon the Corporation. No Person may participate in an underwritten public offering registered pursuant hereto unless such Person (i) agrees to
sell subject to the terms and conditions of the underwriting agreement and (ii) provides all information reasonably requested by the Corporation and the underwriter. 
 Section 10. Information by Holder. 
 Each seller of Registrable Shares shall furnish to
the Corporation such written information regarding such seller and the distribution proposed by the sellers as the Corporation may reasonably request in writing and as shall be reasonably required in connection with any registration, qualification
or compliance referred to in this Agreement. 
 Section 11. Exchange Act Compliance. 
 From the Registration Date or such earlier date as a registration statement filed by the Corporation pursuant to the Securities Act relating to any class
of the Corporation’s securities shall have become effective, the Corporation shall comply with all of the reporting requirements of the Exchange Act applicable to it (whether or not it shall be required to do so) and shall comply with all other
public information reporting requirements of the Commission which are conditions to the availability of Rule 144 for the sale of the Common Shares. The Corporation shall cooperate with the Investors in supplying such information as may be necessary
for the Investors to complete and file any information reporting forms presently or hereafter required by the Commission as a condition to the availability of Rule 144. 
 Section 12. Mergers, Etc. 
 The Corporation shall not, directly or indirectly, enter into
any merger, consolidation or reorganization in which the Corporation shall not be the surviving corporation unless the surviving corporation shall, prior to such merger, consolidation or reorganization, agree in writing to assume the obligations of
the Corporation under this Agreement, and for that purpose references hereunder to “Registrable Shares” shall be deemed to include the common stock, if any, that holders of Registrable Shares would be entitled to 

  

 14 

 
receive in exchange for Common Stock under any such merger, consolidation or reorganization; provided, however, that, to the extent holders of
Registrable Shares receive securities that are by their terms convertible into common stock of the issuer thereof, then only such shares of common stock as are issued or issuable upon conversion of said convertible securities shall be included
within the definition of “Registrable Shares.” 
 Section 13. New Certificates. 
 As expeditiously as possible after the effectiveness of any registration statement filed pursuant to this Agreement, the Corporation will deliver in
exchange for any legended certificate evidencing Restricted Shares so registered, new stock certificates not bearing any restrictive legends, provided that, in the event less than all of the Restricted Shares evidenced by such legended
certificate are registered, the holder thereof agrees that a new certificate evidencing such unregistered shares will be issued bearing the appropriate restrictive legend. 
 Section 14. No Conflict of Rights. 
 The Corporation represents and warrants to the Investors that no other registration rights have been granted by the Corporation to any other Person. The Corporation shall not, after the date hereof, grant any
registration rights which conflict with or materially impair the registration rights granted hereby. 
 Section 15.
Termination. 
 This Agreement shall terminate and be of no further force or effect on the date on which there remain no
Registrable Shares outstanding. 
 Section 16. Successors and Assigns. 
 This Agreement shall bind and inure to the benefit of the Corporation and the Investors and, subject to Section 17, the respective successors
and assigns of the Corporation and the Investors. 
 Section 17. Assignment. 
 Each Investor may assign its rights hereunder to any purchaser or transferee of Registrable Shares; provided, however, that such purchaser
or transferee shall, as a condition to the effectiveness of such assignment, be required to execute an Investor Joinder, whereupon such purchaser or transferee shall have the benefits of, and shall be subject to the restrictions contained in, this
Agreement as if such purchaser or transferee was originally included in the definition of “Investor” herein and had originally been a party hereto. 
  

 15 

 Section 18. Severability. 
 It is the desire and intent of the parties hereto that the provisions of this Agreement be enforced to the fullest extent permissible under the laws and
public policies applied in each jurisdiction in which enforcement is sought. Accordingly, if any particular provision of this Agreement shall be adjudicated by a court of competent jurisdiction to be invalid, prohibited or unenforceable for any
reason, such provision, as to such jurisdiction, shall be ineffective, without invalidating the remaining provisions of this Agreement or affecting the validity or enforceability of this Agreement or affecting the validity or enforceability of such
provision in any other jurisdiction. Notwithstanding the foregoing, if such provision could be more narrowly drawn so as not to be invalid, prohibited or unenforceable in such jurisdiction, it shall, as to such jurisdiction, be so narrowly drawn,
without invalidating the remaining provisions of this Agreement or affecting the validity or enforceability of such provision in any other jurisdiction. 
 Section 19. Entire Agreement. 
 This Agreement and the other writings referred to therein
or delivered pursuant thereto, contain the entire agreement among the parties with respect to the subject matter hereof and supersede all prior and contemporaneous arrangements or understandings with respect thereto. 
 Section 20. Notices. 
 All
notices, requests, demands, claims, and other communications hereunder shall be in writing and shall be deemed to have been duly given if delivered personally, telecopied, sent by internationally-recognized overnight courier or mailed by registered
or certified mail (return receipt requested), postage prepaid, to the parties at the following addresses (or at such other address for a party as shall be specified by like notice): 
  

	 	(i)	If to the Corporation, to: 

 MercadoLibre, Inc.

 Thames 121 
 2 piso

 San Isidro, B1609JUC 
 Acassuso 1609, Argentina 
 Telephone: 011 54 114 735 8000 
 Telecopy: 011 54 114 735 8099 
 Attention:
Chief Executive Officer 
 with a copy to: 
 Hunton & Williams 
 1111 Brickell Avenue, Suite 2500 
 Miami, FL 33131 
 Attention: Roberto Pupo,
Esq. 
 Telephone: (305) 810 2581 
 Telecopy: (305) 810 2460 
  

 16 

	 	(ii)	If to an Investor, to: 

 the address or telecopier number

 set forth immediately below the name 
 of such Investor on Annex I hereto. 
 with a copy to (for Investors listed in Section (a) of Annex
I): 
 O’Sullivan, LLP 
 30 Rockefeller Plaza 
 New York, New York 10112 
 Attention: Michael J. O’Brien, Esq. 
 Telephone: (212) 408-2400 
 Telecopy: (212) 408-2420 
 with a copy
to (for Investors listed in Section (b) of Annex I): 
 Brown Raysman Millstein Felder & Steiner LLP 

900 3rd Avenue 
 New York, New York 10036 
 Attention: Stuart Bressman, Esq. 
 Telephone: (212) 895-2110 
 Telecopy: (212) 895-2900 
 with a copy to (for Investors listed in Section (c) of Annex I): 
 Cooley Godward LLP 
 One Maritime Plaza, 20th Floor 
 San Francisco, CA 94111 
 Attention: Michael
J. Sullivan, Esq. 
 Telephone: (415) 693-2000 
 Telecopy: (415) 951-3699 
 All such notices and other communications shall be deemed to have been given
and received (a) in the case of personal delivery or delivery by telecopy, on the date of such delivery, (b) in the case of delivery by internationally-recognized overnight courier, on the first business day following such dispatch and
(c) in the case of mailing, on the fifth business day following such mailing. 
  

 17 

 Section 21. Modifications; Amendments; Waivers. 
 The terms and provisions of this Agreement may not be modified or amended, nor may any provision be waived, except pursuant to a writing signed by the
Corporation and the holders of at least a majority of the Registrable Shares then outstanding; provided, however, that no such modification, amendment or waiver that would treat any holder of Registrable Shares then outstanding in a
non-ratable, discriminatory manner or in any other manner different from any other holder of Registrable Shares shall be made without the prior written consent of such holder. The failure of any party to enforce any of the provisions of this
Agreement shall in no way be construed as a waiver of such provisions and shall not affect the right of such party thereafter to enforce each and every provision of this Agreement in accordance with its terms. 
 Section 22. Counterparts; Facsimile Signatures. 
 This Agreement may be executed in any number of counterparts, and each such counterpart hereof shall be deemed to be an original instrument, but all such counterparts together shall constitute but one agreement. A
facsimile counterpart signature to this Agreement shall be acceptable. Originally executed counterparts shall be delivered within a reasonable period thereafter. 
 Section 23. Headings. 
 The headings of the various sections of this Agreement have been
inserted for convenience of reference only and shall not be deemed to be a part of this Agreement. 
 Section 24. Governing
Law. 
 This Agreement will be governed by and construed in accordance with the domestic laws of the State of New York, without giving
effect to any choice of law or conflicting provision or rule. 
 Section 25. Jurisdiction and Venue. 
 (a) Each of the parties hereto hereby irrevocably and unconditionally submits, for itself or himself and its or his property, to the
exclusive jurisdiction of any New York court or federal court of the United States of America sitting in the State of New York, and any appellate court from any thereof, in any action or proceeding arising out of or relating to this Agreement or for
recognition or enforcement of any judgment, and each of the parties hereto hereby irrevocably and unconditionally agrees that all claims in respect of any such action or proceeding may be heard and determined in any such Delaware court or, to the
extent permitted by law, in such federal court. Each of the parties hereto agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner
provided by law. 
  

 18 

 (b) Each of the parties hereto irrevocably and unconditionally waives, to the fullest
extent it or he may legally and effectively do so, any objection that it or he may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to the Agreement in any of the courts referred to in
Section 25(a). Each of the parties hereto irrevocably waives, to the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court. 
 (c) The parties further agree that the mailing by certified or registered mail, return receipt requested, of any process required by any
such court shall constitute valid and lawful service of process against them, without the necessity for service by any other means provided by law. 
 Section 26. Waiver of Jury Trial. 
 EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY
JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT. 
  

 19 

 IN WITNESS WHEREOF, the parties hereto have executed this SECOND
AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT as of the date first written above. 
  

			
	MERCADOLIBRE, INC.
		
	By:	 	/s/ Marcos Galperin
		 	Name: Marcos Galperin
		 	Title: CEO
	
	eBAY INC.
		
	By:	 	/s/ Matthew J. Bannick
		 	Name: Matthew J. Bannick
		 	Title: SVP & GM, International
	
	J.P. MORGAN PARTNERS (BHCA), L.P.
		
	By:	 	JMP MASTER FUND MANAGER, L.P.
		
	By:	 	JPMP CAPITAL CORP., its general partner
		
	By:	 	/s/ Susan L. Segal
		 	Name: Susan L. Segal
		 	Title:
	
	THE FLATIRON FUND 1998/99 LLC
		
	By:	 	/s/ illegible
		 	Name:
		 	Title:
	
	THE FLATIRON FUND 2000 LLC
		
	By:	 	/s/ illegible
		 	Name:
		 	Title:

 Signature Page – Registration Rights Agreement 

							
	 FLATIRON ASSOCIATES LLC

				
	By:	 		 		 	/s/ illegible
		 		 		 	Name:
		 		 		 	Title:
	
	FLATIRON ASSOCIATES II LLC
				
	By:	 		 		 	/s/ illegible
		 		 		 	Name:
		 		 		 	Title:
	
	LUNA VENTURES LLC
				
	By:	 		 		 	/s/ Gerardo Rosenkranz
		 		 		 	Name: Gerardo Rosenkranz
		 		 		 	Title: Chairman
	
	VENTECH LLC
				
	By:	 		 		 	/s/ Gerardo Rosenkranz
		 		 		 	Name: Gerardo Rosenkranz
		 		 		 	Title: Member
	
	GGG PARTNERS
		
	By:	 	CARAMIA LLC, a Partner
			
		 	By:	 	TRUST U/A/D 12/15/72, a Member
				
		 		 	By:	 	/s/ Emily F. Johnson
		 		 		 	Name: Emily F. Johnson
		 		 		 	Title: Trustee
	
	SEVEN-X INTERNATIONAL LIMITED
				
	By:	 		 		 	/s/ illegible
		 		 		 	Name:
		 		 		 	Title:

 Signature Page – Registration Rights Agreement 

			
	 HMTF-LA (MERCADOLIBRE)
 INVESTMENTS, LLC

		
	By:	 	/s/ David W. Knickel
		 	Name: David W. Knickel
		 	Title: V.P.

	
	
	/s/ Geoffroy de Belloy de Saint Lienard
	Geoffroy de Belloy de Saint Lienard

 Signature Page – Registration Rights Agreement 

			
	GS CAPITAL PARTNERS III, L.P.
		
	By:	 	GS Advisors III, L.L.C., its general partner
		
	By:	 	/s/ Katherine B. Enquist
		 	Name: Katherine B. Enquist
		 	Title: Vice President
	
	GS CAPITAL PARTNERS III OFFSHORE, L.P.
		
	By:	 	GS Advisors III, L.L.C., its general partner
		
	By:	 	/s/ Katherine B. Enquist
		 	Name: Katherine B. Enquist
		 	Title: Vice President
	
	GOLDMAN SACHS & CO. VERWALTUNGS GmbH*
		
	By:	 	/s/ Katherine B. Enquist
		 	Name: Katherine B. Enquist
		 	Title: Attorney-in-fact
		
		 	and
		
	By:	 	  
		 	Name:
		 	Title:
	
	GE CAPITAL EQUITY INVESTMENTS, INC.
		
	By:	 	/s/ J. I. Coseutino
		 	Name: J. I. Coseutino
		 	Title: Senior Vice President

 Signature Page – Registration Rights Agreement 

			
	CAPITAL RIESGO INTERNET SCR S.A.
		
	By:	 	/s/ Nicolas Merigo
		 	Name: Nicolas Merigo
		 	Title: President
	
	NEDASUR S. A.
		
	By:	 	/s/ illegible
		 	Name:
		 	Title:
		
		 	/s/ Dwight Siprelle
		 	Dwight Siprelle
		
		 	/s/ Mike Rankowitz
		 	Mike Rankowitz
		
		 	/s/ Mitch Petrick
		 	Michael Petrick
		
		 	/s/ Anthony Melchiorre
		 	Anthony Melchiorre
		
		 	/s/ Jason Maratos
		 	Jason Maratos
		
		 	/s/ Mete Tuncel
		 	Mete Tuncel
		
		 	/s/ Andrew Brenner
		 	Andrew Brenner

 Signature Page – Registration Rights Agreement 

 ANNEX I 
 INVESTORS 
 (a) Original Investors 
 J.P. Morgan Partners (BHCA), L.P. 
 c/o J.P. Morgan Partners, LLC 
 1221 Avenue of the Americas 
 New York, New York 10020 
 Attention: Official Notices Clerk 
 Telephone: (212) 899-3400 

Telecopy:   (212) 899-3401 
 The Flatiron Fund 1998/99
LLC 
 c/o Flatiron Partners LLC 
 1221 Avenue of the Americas, 39th Floor 
 New York, New York 10020 
 Attention: Fred Wilson 
 Telephone: (212) 899-3400 
 Telecopy:   (212) 899-3401

 Flatiron Associates LLC 
 c/o Flatiron Partners LLC

 1221 Avenue of the Americas, 39th Floor 
 New York, New York 10020 
 Attention: Fred Wilson 
 Telephone: (212) 899-3400 
 Telecopy:   (212) 899-3401 
 Luna Ventures LLC

 60 Arch Street 
 Greenwich, Connecticut 06830 

Attention: Gerardo Rosenkranz 
 Telephone: (203) 861-6777 

Telecopy:   (203) 861-6677 
 Ventech LLC 

60 Arch Street 
 Greenwich, Connecticut 06830 
 Attention: Gerardo Rosenkranz 
 Telephone: (203) 861-6777 
 Telecopy:   (203) 861-6677 

 GGG Partners 
 c/o Fay
Holloschutz 
 110 East 59th Street, 29th Floor 
 New York, New
York 10022 
 Telephone: (212) 317-0777 
 Telecopy:
  (212) 223-4912 
 Seven-X International Limited 
 c/o Winterbotham Trust Company 
 Bolam House 
 King
George Street 
 Nassau, Bahamas 
 Attention: Alrena Moxey

 Telephone: (242) 356-5454 
 Telecopy:
  (242) 356-9432 
 HMTF-LA (MercadoLibre) Investments, LLC 
 c/o Hicks Muse Tate & Furst Incorporated 
 200 Crescent Court 
 Suite 1600 
 Dallas, Texas 75201 
 Attention: Lawrence D. Stuart and Cesar Baez 
 Telephone: (214) 740-7300

 Telecopy:   (214) 720-7888 
 with a copy to: 
 Akin, Gump, Strauss, Hauer & Feld, L.L.P. 
 590 Madison Avenue 
 New York, New York 10022

 Attention: L. Kevin O’Mara, Jr., Esq. 
 Telephone: (212) 872-1000 
 Telecopy:   (212) 872-1002 
 Geoffroy de Belloy de Saint Lienard 
 Nieuwkirk 12 
 2382 Ravels 
 Belgium 
 Telephone: 33-235-329-103 
 Telecopy: (603) 971-6288 

 (b) Series C/D Investors 
 GS Capital Partners III, L.P. 
 85 Broad Street 
 New York, N.Y. 
 Attention: Tara Harrison 
 Telephone: (212) 902-1000 
 Telecopy:   (212) 357-5505 
 GE Capital Equity Investments, Inc. 
 120 Long Ridge Road 

Stamford, Connecticut 06927 
 Attention: General Counsel 
 Capital Riesgo Internet SCR S.A. 
 Calle Sevilla 3 
 28014 – Madrid 
 Spain 
 Telephone: 3491-558-1812/6179 
 Telecopy:   3491-521-8477

 Attention: Nicolas Merigo/Martin Aubert 
 Nedasur S.A.

 Misiones 1295 
 Montevideo, Uruguay 
 Telephone: (*) (598) (2) 916 1185 
 Telecopy :
 (*) (598) (2) 916 2189 
 Attention: Andres Hirschfeld 
 J.P. Morgan Partners (BHCA), L.P. 
 c/o J.P. Morgan Partners, LLC 
 1221 Avenue of the Americas 
 New York, New York 10020 
 Attention: Official Notices Clerk 
 Telephone: (212) 899-3400 

Telecopy:   (212) 899-3401 
 The Flatiron Fund 1998/99
LLC  
 c/o Flatiron Partners LLC 
 1221 Avenue of the Americas, 39th Floor 
 New York, New York 10020 
 Attention: Fred Wilson 
 Telephone: (212) 899-3400 
 Telecopy:   (212) 899-3401

 The Flatiron Fund 2000 LLC  
 c/o Flatiron Partners LLC 
 1221 Avenue of the Americas, 39th Floor 
 New York, New York 10020

 Attention: Fred Wilson 
 Telephone: (212) 899-3400

 Telecopy:   (212) 899-3401 
 Flatiron
Associates LLC  
 c/o Flatiron Partners LLC 
 1221 Avenue of the Americas, 39th Floor 
 New York, New York 10020 
 Attention: Fred Wilson 
 Telephone: (212) 899-3400 
 Telecopy:   (212) 899-3401 
 Anthony Melchiorre 

 Morgan Stanley Dean Witter 
 Managing Director 
 1585 Broadway, Floor 2 
 New York, N.Y 10036 
 Dwight Siprelle 
 Mike Rankowitz 
 Mitch Petrick 
 Jason Maratos 
 Mete Tuncel 
 Andrew Brenner 

 (c) Series E Investors 
 eBay Inc. 
 2145 Hamilton Avenue 
 San Jose, CA
95125 
 Attention: General Counsel 
 Telephone:
(408) 558-7500 
 Telecopy: (408) 558-7514 
 with a copy to: 
 Cooley Godward LLP 
 One Maritime Plaza, 20th Floor 
 San Francisco, CA 94111 
 Attention: Michael J. Sullivan, Esq. 
 Telephone: (415) 693-2000 
 Telecopy: (415) 951-3699 

 EXHIBIT A 
 INVESTOR JOINDER 
 By execution of this Investor Joinder, the undersigned agrees to become a party to
that certain Second Amended and Restated Registration Rights Agreement, dated as of                     , 2001 (as the same may be amended,
restated, supplemented or otherwise modified from time to time, the “Registration Rights Agreement”), among Mercadolibre, Inc., J.P. Morgan Partners (BHCA), L.P., The Flatiron Fund 1998/99 LLC, The Flatiron Fund 2000 LLC, Flatiron
Associates LLC, Flatiron Associates II LLC, Luna Ventures LLC, Ventech LLC, GGG Partners, Seven-X International Limited, HMTF-LA (Mercadolibre) Investments, LLC, Geoffroy de Belloy de Saint Lienard, GS Capital Partners III, L.P., GS Capital Partners
III Offshore, L.P., Goldman Sachs & Co. Verwaltungs GmbH, GE Capital Equity Investments, Inc., Capital Riesgo Internet SCR S.A., Nedasur S. A., Dwight Siprelle, Mike Rankowitz, Mitch Petrick, Anthony Melchiorre, Jason Maratos, Mete Tuncel,
Andrew Brenner, eBay Inc. and the other persons from time to time party thereto. The undersigned shall have all the rights, and shall observe all of the obligations, applicable to [an Original Investor] [a Series C Investor] [a Series D Investor] [a
Series E Investor](as defined in the Registration Rights Agreement). 
 Name:                                     
                            
  

					
	Address for Notices:	  		  	with copies to:
			
	  	  		  	  
			
	  	  		  	  
			
	  	  		  	  
			
	  	  		  	  

									
				
		 		  	Signature:	  	  
				
	Date:

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