EX-10.2
MARKETAXESS HOLDINGS INC
***FIRST AMENDMENT TO SEVERANCE PROTECTION AGREEMENT ***
This First Amendment (the “Amendment”) is made as of July 29, 2026, between MarketAxess Holdings Inc., a Delaware corporation (the “Company”) and Ilene Fiszel Bieler (“Executive”). Capitalized terms used in this Amendment that are not defined herein shall have the meaning ascribed to them in the Severance Protection Agreement (as defined below).
**WHEREAS **the Company and Executive are parties to a severance protection agreement dated February 21, 2024 (a the “Severance Protection Agreement”);
WHEREAS, the Company and the Executive desire to amend the definition of “Good Reason” in connection with a change in control; and
WHEREAS, the Company and Executive hereby agree to amend the Severance Protection Agreement as follows.
**NOW THEREFORE, **in consideration of the respective covenants and agreements of the parties herein contained and for other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged), the parties covenant and agree as follows:
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