Substitute Stock Option and Award Agreement Sample Contracts

BATS HOLDINGS, INC. SUBSTITUTE 2008 STOCK OPTION AND AWARD AGREEMENT EFFECTIVE DATE JANUARY 1, 2008

Substitute Stock Option and Award Agreement • May 13th, 2011 • BATS Global Markets, Inc. • Delaware

• Contract Type
  Substitute Stock Option and Award Agreement
• Filed
  May 13th, 2011
• Company
  BATS Global Markets, Inc.
• Jurisdiction
  Delaware

THIS SUBSTITUTE STOCK OPTION AND AWARD AGREEMENT (this “Agreement”) is made and entered into by and between BATS Holdings, Inc., a Delaware corporation (the “Company”), and David R. Cummings (the “Optionee”) on the effective date set forth above (“Effective Date”).