constitute one agreement. [Remainder of this page is intentionally left blank] 5 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above. MORGAN STANLEY & CO. INCORPORATED By: /s/ MARTIN M. COHEN Name: MARTIN M. COHEN Title: MANAGING DIRECTOR MSCI INC. By: Name: Title: Signature Page to the Intellectual Property Agreement IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above. MORGAN STANLEY & CO. INCORPORATED By: Name: Title: MSCI INC. By: /s/ Henry Fernandez Name: Henry Fernandez Title: CEO & President Signature Page to the Intellectual Property Agreement